My assumption was that very few would, perhaps only those with investments etc that

provide relatively high returns each year.

I assume though that very few people that have been an employee their whole career (and had tax deducted at source), don't then have to start completing a self assessment tax return when they retire?

Maybe WFA being a taxable benefit could be a good solution, I don't know.

Posted By: NxNW on September 11th 2024 at 15:00:07

Message Thread

Can I have a round of applause for .... (General Chat) - ghostof barry butler, Sep 11, 09:21:16
- Indeed (General Chat) - ParrotPuncher, Sep 11, 09:37:29
  - money well spent (General Chat) - Cable Gap Pioneer, Sep 11, 13:29:59
  - Terwatttt (n/m) (General Chat) - Augustus Pablo, Sep 11, 10:44:04
  - “Leftist” (General Chat) - lurd, Sep 11, 10:41:05
  - With respect, you know nothing about the accommodation in those hotels (General Chat) - APB, Sep 11, 10:34:51
    - ^ Assembles Pet Buffets (n/m) (General Chat) - Ken Dodds Dads Dog, Sep 11, 11:26:41
    - We've all stayed in a hoilday inn pal (n/m) (General Chat) - ParrotPuncher, Sep 11, 11:23:08
      - Hilarious (General Chat) - APB, Sep 11, 11:57:26
    - ^^this^^ (n/m) (General Chat) - Augustus Pablo, Sep 11, 10:38:33
      - I could have shortened that post (n/m) (General Chat) - APB, Sep 11, 11:58:24
  - Enjoying your day off so far (n/m) (General Chat) - Adster, Sep 11, 09:39:42
    - ..? (n/m) (General Chat) - Adster, Sep 11, 09:40:07
      - 👍 (n/m) (General Chat) - ParrotPuncher, Sep 11, 09:49:26
- Voting for pensioner handouts? (General Chat) - SCC 28, Sep 11, 09:35:34
  - You are seriously out of touch my friend (General Chat) - Highlander, Sep 11, 12:14:16
    - I was talking about the triple lock (General Chat) - SCC 28, Sep 11, 16:14:35
    - That’s not how the state pension works (General Chat) - Old Git, Sep 11, 12:31:31
      - Technically, that's obviously true (General Chat) - paulg, Sep 11, 14:24:22
        
        Nobody is saying the pension should be scrapped (n/m) (General Chat) - SCC 28, Sep 11, 16:12:03
      - Yes, this... all state pensions are funded from current taxation (n/m) (General Chat) - Worthing Yellow, Sep 11, 12:34:22
- Now it may sound odd but I do agree in some sort of means testing but set at a much lower (General Chat) - Augustus Pablo, Sep 11, 09:34:41
  - I think pretty much everyone agrees with that - the issue is not really means testing (General Chat) - Jim, Sep 11, 10:18:33
    - Excuse my ignorance, but how would making the WFA a taxable benefit work? (General Chat) - NxNW, Sep 11, 13:15:13
      - Do they not do that anyway if they have income above the tax free allowance? (General Chat) - Jim, Sep 11, 13:21:53
        
        My assumption was that very few would, perhaps only those with investments etc that (General Chat) - NxNW, Sep 11, 15:00:07
        
        As an OAP...... (General Chat) - rosarios_school_tie, Sep 11, 17:23:05
    - Two thoughts (General Chat) - Under soil heating, Sep 11, 11:14:28
      - They used the council tax banding previously for something or other (General Chat) - jamesward, Sep 11, 12:18:15
    - Yeah I agree with this, I was supportive of the idea initially, till I understood the cut (General Chat) - megson, Sep 11, 11:00:35
    - It’s mental. A massive own goal (n/m) (General Chat) - jamesward, Sep 11, 10:28:23
  - Agreed. (General Chat) - NxNW, Sep 11, 09:50:35
    - Its the pension credit threshold which is about 11,000 per annum. (n/m) (General Chat) - Jim, Sep 11, 10:19:13
  - Vmt (n/m) (General Chat) - loz, Sep 11, 09:49:15

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