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Over 65 allowances 2011-2012

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Comments

  • Gatser
    Gatser Posts: 625 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    mjm3346 wrote: »
    The extra tax on the £4930 is £493 the rest would have been payable anyway at the 20% tax band.

    Bus passes/winter fuel payments and the other freebies can be worth far more than £493.

    Durrr...
    Apples & Pears...
    The extra £493 in tax has nothing to do with bus passes...or should it.
    THE NUMBER is how much you need to live comfortably: very IMPORTANT as part 1 of Retirement Planning. (Average response to my thread is £26k pa)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Gatser wrote: »
    Durrr...
    Apples & Pears...
    The extra £493 in tax has nothing to do with bus passes...or should it.

    I think you are playing a fine Chewbacca defence :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    mjm3346 wrote: »
    The extra tax on the £4930 is £493 the rest would have been payable anyway at the 20% tax band.

    Just because you're a pensioner
    I thought we were all in this together Dave
    The only thing that is constant is change.
  • Gatser
    Gatser Posts: 625 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    StevieJ wrote: »
    I think you are playing a fine Chewbacca defence :)

    Bananas & Peaches are relevant too, as far as bus passes and tax allowances for the over 65's are concerned.

    As far as the accusation is concerned: "If it doesn't fit, you must acquit!" :T
    THE NUMBER is how much you need to live comfortably: very IMPORTANT as part 1 of Retirement Planning. (Average response to my thread is £26k pa)
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