It's Insulting The Way Pensioners Are Being Grovelled Over.

Maggiemaybe

I’m neither delighted or insulted by this proposal. I just feel it would be fairer all round if any change to the personal allowance applied to everyone.

We already have plenty of youngsters who’d be voting for the implementation of Logan’s Run at 60.

Fully agree with Maggiemaybe.

Change the tax personal allowance threshold for everyone.
But as I will be a pensioner in the not too distant future I have no issue with ensuring that my 'state pension' is not taxed.

maddyone

It doesn’t need to be big to push a pensioner into paying income tax because the state pension is only a couple of thousands below the tax free allowance. Pretty well any private pension will push a pensioner into paying tax! However small that private pension maybe.

Not true, many people have a state pension well in excess of the tax allowance already.

The tax threshold should be raised to the minimum wage as this is what you need to live on. This will cost a lot of money so raise the tax rate so that a person on average wage will pay the same tax as before. This will of course mean that the poor will pay less tax and the rich will pay more. Not something that the present government is keen on doing.

Gummie

Maggiemaybe

I’m neither delighted or insulted by this proposal. I just feel it would be fairer all round if any change to the personal allowance applied to everyone.

We already have plenty of youngsters who’d be voting for the implementation of Logan’s Run at 60.

Fully agree with Maggiemaybe.

Change the tax personal allowance threshold for everyone.
But as I will be a pensioner in the not too distant future I have no issue with ensuring that my 'state pension' is not taxed.

I agree as well.
The Logans Run reference made me 😂and😬

Brahumbug

maddyone

It doesn’t need to be big to push a pensioner into paying income tax because the state pension is only a couple of thousands below the tax free allowance. Pretty well any private pension will push a pensioner into paying tax! However small that private pension maybe.

Not true, many people have a state pension well in excess of the tax allowance already.

Can you justify that statement with examples, please?

The current 'new' state pension is £2,000 less than the current personal allowance. Where does the extra come from that you are claiming some people have?

nanna8

We're talking about state pension here. Additional pension has always been taxed if it carries one over the threshold.

Lots of people receive more than the so called new state pension. My father for example receives just over £300 a week! The 'old' pension consisted of a basic pension plus SERPS and S2P which boost it. Many people now retiring have projected payments from the older scheme which means they receive more than the new pension. The post 2016 pension of £221 a week is the maximum that someone can get (unless they have a protected pension amount) and most retirees don't even get that, destroying the idea that the new pension is more generous than the old.

I am rather baffled.

We have this thread with posters wanting the personal allowance to be increased as they do not want to fall into paying tax at the same time as a different thread where posters are saying they are happy to pay more tax…

I am equally baffled.

I have never not paid tax except when I first started work. Even when I was claiming JSA I paid tax as my DB pension combined with with JSA was more than the Personal Allowance.
When I retired pensioners had a higher Personal Allowance but this was abolished in 2011.

GrannyGravy13

I am rather baffled.

We have this thread with posters wanting the personal allowance to be increased as they do not want to fall into paying tax at the same time as a different thread where posters are saying they are happy to pay more tax…

It's not a contradiction. Those of us who have said yes we'd pay what we can doesn't remove the need for fairer personal allowances.

It’s a contradiction when a poster doesn’t want to pay any tax but on another thread says they would be happy to pay more tax.

Germanshepherdsmum

It’s a contradiction when a poster doesn’t want to pay any tax but on another thread says they would be happy to pay more tax.

Seems so!