State Pension rise.

I wish I went out to work.....now divorced and not much of a state pension. Ex pays me an alimony which is a pittance, but I manage ....

Hi Growstuff Apologies for being too lazy to get the calculator out. On a full pension (35 years), the difference between 2 pensions is £40.95 per week which is £2129.40 per annum not £2.5k.

If the role is well paid, why don’t more of those whingers train to be nurses themselves?
Because the government stopped paying nurses tuition fees in 2016?

janeainsworth I’d prefer all university education to be free - but that’s the system we’re in, and the price all students who want a good job afterwards have to pay. At least with a nursing degree you are guaranteed a job once you’re qualified, unlike many other graduate courses.

PippaZ

But you do have income above the state pension FlexibleFriend or you wouldn't be paying tax at all would you?

Yes I paid into my pension for years so that I could retire in relative comfort. That doesn't alter the fact that I'll be taxed on the increase in state pension and the council tax rise will still be more than double any increase in pension. Should we all be content to live on 12.5k?

PippaZ

But you do have income above the state pension FlexibleFriend or you wouldn't be paying tax at all would you?

True enough PippaZ.

Years ago, Himself has 3 working years when he just scraped into what was then the ‘supertax’ bracket. Gosh did he moan. I had no truck with it. Told him we were very lucky.

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Since 2010 when the evil Tories came into power the tax free income has roughly doubled from approx £6500 to £12570. The benevolent socialists only raised it by 50% in their 13 year stint from around £4000 to £6500 so who did more for pensioners?

I wouldn't get too excited about this, pantglas.

Tax allowances increase most years to take account of inflation causing rising wages. The increase also ensures that you are paying tax on about the same percentage of income each year. If they didn't increase allowances along with pay increasing then you would end up paying more tax on your income than previously.

If you take the last 30 years (which I've done because a nice handy government table came up covering those years when I searched for annual tax allowances) the personal allowance has increased by £9,495. This works out at an average yearly increase of some £316.50 over that time.

It quite possibly works out at less than the rate of inflation over the past 30 years. I didn't look that far. But whatever it is, it certainly isn't tories being more generous that Labour

assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/882237/Table-a1.pdf

janeainsworth

^If the role is well paid, why don’t more of those whingers train to be nurses themselves?^
Because the government stopped paying nurses tuition fees in 2016?

Or perhaps because most of the whingers are above retirement age?

Urmstongran

PippaZ

But you do have income above the state pension FlexibleFriend or you wouldn't be paying tax at all would you?

True enough PippaZ.

Years ago, Himself has 3 working years when he just scraped into what was then the ‘supertax’ bracket. Gosh did he moan. I had no truck with it. Told him we were very lucky.

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It's sort of both feelings really isn't it. I doubt anyone enjoys paying tax but no one would want they income to drop to where they don't have to

Okay, fair enough MaizieD. Thank you for checking.

It’s nice that we have boffins on here to guide us.
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Exactly PippaZ.
I did understand where Himself was coming from as he worked a 7 day week to obtain that status. (It helped us save for our tiny apartment in Spain). He was knackered and must have felt put out giving more to the government. I just said it is what it is, stop moaning. As I cooked him a nice dinner.

they their

I disagree MaizieD with your averaging because it’s meant to show Labour in a good light and the tories not so much!

Labour promote themselves as looking after the world and its wife when in actual they did less for pensioners on a taxation basis in their 13 years (out of those 30) than the tories have in the last 10. And let’s not forget Gordon Brown withdrawing the 10% tax rate for low earners.

Rishi is now using COVID as an excuse not to raise the tax free allowance from 2022 but let’s not use statistics to minimise the last ten years because of political bias.

I disagree MaizieD with your averaging because it’s meant to show Labour in a good light and the tories not so much!

Oh don't be ridiculous, Pantglas, it's maths and understanding the effect of inflation.

Personal allowances rise because wages rise. Look at the link I posted. 30 year's worth of personal allowances, they increase most years by varying amounts but they're much of a muchness be it tory or Labour that's in power.

That sort of remark is not ridiculous Maizie, it is frightening. What on earth can you say to someone whose reasoning is that they disagree with you, not on the basis of fact but because the argument is not what they want to hear, i.e., "... because it’s meant to show Labour in a good light and the tories not so much!".

We hear this more and more - almost as if the Conservatives have introduced News Speak where the only "truth" you are allowed is the government's truth or version of it. We saw what Trump did with this and now it appears to be alive and well in the UK. Very frightening.

Pantglas2

I disagree MaizieD with your averaging because it’s meant to show Labour in a good light and the tories not so much!

Labour promote themselves as looking after the world and its wife when in actual they did less for pensioners on a taxation basis in their 13 years (out of those 30) than the tories have in the last 10. And let’s not forget Gordon Brown withdrawing the 10% tax rate for low earners.

Rishi is now using COVID as an excuse not to raise the tax free allowance from 2022 but let’s not use statistics to minimise the last ten years because of political bias.

Right on the mark Pantglas??
Labour did far less for pensioners on a taxation basis as you say.
PippaZ that’s a very strange post of yours about ‘truth’...
Who is stopping you saying what you like, it sounds a paranoid comment.

DH and I will get more than £4 a week extra due to the amount of our pensions however I would like to point out that in 2017 Corbyn set out his manifesto when it came to pensions, he said Labour would keep the triple lock, he said that the pension age would not go higher than 66 and that he would give the 50s women justice what ever that mean, if Labour were in power now who is to say they wouldn't keep the triple lock no matter what the cost to the country. At the same time, in the same campaign Theresa May was refusing to guarantee the triple lock., so it makes smile when people say older people vote Tory to protect their pensions. If I had made the decision on what party to vote for based solely on my expectations of a triple lock on my pension It wouldn't have been Tory