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Income Tax

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Comments

  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    Pennywise wrote: »
    You are getting a "tax" tax credit - it's called the state pension - knock that off the taxes you're paying and you'll see you're paying far less "tax" than the person next door! Look at how much the Govt is paying you and then deduct how much you're paying the govt - forget what it's called, just look at the figures.

    Read my post again.

    You missed the word 'early'.

    I do not recive any state pension and will not for another 4 years! And didn't for the last 5 years of retirment.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Generali wrote: »
    Thatcher was one of the very few in my lifetime that seemed to think otherwise.

    She also broke the power of a lot of legal cartels eg unions, professions, banks. Very MSE to allow competition to drive down prices.
    Why I love her.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Loughton_Monkey wrote: »
    Read my post again.

    You missed the word 'early'.

    I do not recive any state pension and will not for another 4 years! And didn't for the last 5 years of retirment.

    As I pointed out in my earlier post, no NI to pay though ;)
    '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
  • Wookster
    Wookster Posts: 3,795 Forumite
    mbga9pgf wrote: »
    Why I love her.

    Pity she didn't smash the RMT.

    if 275,000 people pay £41BN in tax that works out to about £150,000 each which implies an average gross of £325,000.

    I could live happily on that!
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Wookster wrote: »
    Pity she didn't smash the RMT.

    if 275,000 people pay £41BN in tax that works out to about £150,000 each which implies an average gross of £325,000.

    I could live happily on that!

    Now you are sounding like that Richard Keys bloke :)
    '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
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