Labour……I really tried but have now given up!

Galaxy

But if after a few weeks your new bra continuously played the theme tune to coronation street whenever you entered a room, presumably a couple of weeks of that would be enough

Wouldn’t that depend on whether you valued bras and if there was an alternative bra available if you did?

mabon1

.. and now I read there is a proposition to tax our pension at 8%.

And in the news this morning was a mention of RR considering a fuel price hike.

Where did the 8% tax and the fuel tax rise get reported? Was it a right wing media? Was it 'will be' or 'might be'? I get tired of media looking for hooks by creating hysteria.

It’s been said from the very beginning of the campaign that Labour will not raise tax on working people.
So who is left? Clearly pensioners? Doubtless more information to dribble through.

I feel I might have stumbled on a new business idea, you all wont be laughing when I have made my fortune in musical bras.

mabon1

.. and now I read there is a proposition to tax our pension at 8%.

Well, pensions over the tax free threshold are currently taxed at at least 20%, so that’d be a big reduction.

Unless you know the tax threshold is somehow being reduced just for a particular category of pensioner?

Grandmabatty

Where did the 8% tax and the fuel tax rise get reported? Was it a right wing media? Was it 'will be' or 'might be'? I get tired of media looking for hooks by creating hysteria.

I just noticed it on the way out from shopping. I didn’t check which paper. Since any newspaper that reports news you don’t like is right wing then you’re probably right.
I’ve added it on my spreadsheet and I’ll be very happy for it to be wrong.

Galaxy

I feel I might have stumbled on a new business idea, you all wont be laughing when I have made my fortune in musical bras.

I’d prefer a different tune though please, sorry if I’m offending anybody, but I’d like a French bra that plays La Marseillaise for the time being, in honour of the Olympics - don’t make them too expensive though Galaxy, as I may change my preferences very soon!

Mollygo, I have looked at the Guardian this morning and have seen no such specific headlines. There was a headline indicating that savings will need to be made and ministers were being asked for suggestions as to where and how. Many of the other newspapers are behind a pay wall.
There is no need to be personally offensive regarding my possible likes or dislikes. You don't know me and therefore don't know my reading habits. It ^ is^ important to know which broadsheet or tabloid 'information' comes from to allow for bias.

mabon1

.. and now I read there is a proposition to tax our pension at 8%.

I don't understand this either as the basic rate of tax is 20%.

The only reference I can find to 8% is from a pre-election discussion by the IFS of changes to occupational pension contributions already legislated by the previous government.

Many employees are saving low amounts in their pensions. The minimum default total contribution rate under automatic enrolment is 8% of ‘qualifying’ earnings: between the lower level of qualifying earnings (£6,240) and the upper level (£50,270). As a result, many employees are automatically enrolled with quite low contribution rates – indeed, over half of private-sector employees saving in a workplace pension have total contributions of less than 8% of gross earnings (Cribb et al., 2023b). While analysis by the Department for Work and Pensions (2023b) found that the majority of employees are likely to be saving enough for retirement, there is still a significant minority (around 38%) who are projected to be under-saving.

The next government needs to decide whether to go ahead with legislated increases in minimum pension contributions. If they do, they should carefully consider the timing, as well as potential alterations to the policy to help low earners adjust to lower take-home pay.

The Pensions (Extension of Automatic Enrolment) Act was passed in 2023 but has not yet been implemented by the [previous] government. It would extend automatic enrolment to 18 to 21-year-olds and abolish the lower earnings limit for qualifying earnings.

This latter change means additional total contributions of £499 per year (including from the employer and tax relief) for people with minimum contributions (8% of qualifying pay). For someone earning £10,000, this would lead to a reduction in take-home pay of at least 2.5% (£250), and likely more depending on how much wages adjust downwards given the policy.

ifs.org.uk/publications/pensions-five-key-decisions-next-government

Galaxy

I feel I might have stumbled on a new business idea, you all wont be laughing when I have made my fortune in musical bras.

😄
I’d like something uplifting please, ( I do like an uplift) no national anthems of any kind or soap music.Maybe the title music from Game Of Thrones for a dramatic effect when I entered the room.🤔

It’s called “scaremongering” let’s not worry about anything until it’s openly, honestly and legally announced by our current govt.

All media is somewhat based, those right wing news sites will naturally be stirring things up.

It’s divisive and unnecessary.

My understanding is that the pledge was “personal taxation” incl income tax, NI and VAT.

I’m guessing they’ll be looking at Inheritance Tax, Capital Gains and closing some tax loopholes, but I’m not going to second guess, I’ll wait for RR’s announcements.

I am sorry for those just on the cusp of the cut off, but in our household, though not wealthy, we can afford not to have this “free money” my DH received it for the first time last year and spent it on my Christmas present! I am not 66 til December, so I’ll never receive it.

I’d rather see it raised slightly and distributed to those who need it most, especially single people, think there should be a better way of means testing it than pensions credit.

I do wish people would check to a reasonable level before reporting as "news" in GN, speculative headlines in one newspaper.

Oreo
Galaxy

Could we perhaps have a choice, like those (awful) doorbells with lots of tunes? Then, depending on our mood we can select a tune for that day.

Of course, all must be uplifting or what’s the point

Whatever tune you choose, it must be long enough to uplift both sides!

Wyllow3

I do wish people would check to a reasonable level before reporting as "news" in GN, speculative headlines in one newspaper.

But Wyllow3 that’s what happened all through the last government, and probably the previous one, depending on which side you were on.
Every faint rumour was seized upon as the ^ truth^ and repeated ad infinitum until it proved to be true or untrue.
The only real difference is that you can now read and comment on more stuff on line.

I feel the same whatever someones opinion is Mollygo, cross check a source to a reasonable degree, and did so before July 4th.

It's to try and modify what you so aptly describe as

"Every faint rumour was seized upon as the ^ truth^ and repeated ad infinitum until it proved to be true or untrue" and often just ended up in page long spats.

Galaxy - can I have a comfy bra please. I’d like it to play Ode to Joy

Cossy

Oreo
Galaxy

Could we perhaps have a choice, like those (awful) doorbells with lots of tunes? Then, depending on our mood we can select a tune for that day.

Of course, all must be uplifting or what’s the point

I’ve been thinking - perhaps the bras could come with suites of tunes, and buttons on the straps so you could select to suit your mood- third button on the left for Flight of the Bumblebee, top button on the right for Nessum Dorma or whatever - you wouldn’t have to shout at your partner, you could let him know your displeasure just by pressing your brastrap.

God I’d love a comfortable bra

I hate bras … hence my choice for bra tune ‘I want to break free’

The latest Marsh Family video on Elon Musk and X, for me: (one day ago)

www.youtube.com/watch?v=-oygUx2oX4E

Cossy

Oreo
Galaxy

Could we perhaps have a choice, like those (awful) doorbells with lots of tunes? Then, depending on our mood we can select a tune for that day.

Of course, all must be uplifting or what’s the point

Oh dear, ours plays a tune 😁

Warn me if you're coming for ☕🧁 and I'll turn it off.

Bras - how did we get on to bras?
Why do the straps slip off the shoulders? Most annoying.

Bras - how did we get on to bras?
Why do the straps slip off the shoulders? Most annoying.
Camisoles are even worse than bras for slipping off, and don’t get me stated on swimming costumes!!

I think I must be lopsided as the only slip off one side.