Tax coding for wrinklies income over £25k

bobthesod

Jem,

It transpired i had been bad info by the tax office,hence my question.
The chap there confirmed when i asked him about this ceiling that the tax code would in fact reduce LESS than the basic, i used the example, income 32500, therefore 7000 over the limit, this gives a reduction of 3500 from the 10500 (1050) code making new tax code 7000 (700)

Following your reply, i checked the HMRC missives and found the bit in the small print about this, a point none of the earlier posters seemed to pick up on, just had a dig at me whinging. Still it takes all sorts
So Its an apology, but with reservations as HMRC cocked it up in the first place, and if their info had been correct i wouldn't have posted!

Best wishes

jem16

bobthesod wrote: »

So Its an apology, but with reservations as HMRC cocked it up in the first place, and if their info had been correct i wouldn't have posted!

Best wishes

You do realise that you were given the correct information about this in your thread a month ago?

https://forums.moneysavingexpert.com/discussion/comment/50992043#Comment_50992043

See Post 6 in particular.

bobthesod

put it down to old age

atush

So we will put your whinging down to old age lol.

Honestly, we really could not see what the problem was, and now that the facts are clear to you, you can have a nicer retirment without looking over the fence with resentment ;-)

Sapphire

atush wrote: »

So we will put your whinging down to old age lol.

Honestly, we really could not see what the problem was, and now that the facts are clear to you, you can have a nicer retirment without looking over the fence with resentment ;-)

Honestly, some of you lot do go on – the chap has even apologised, for God's sake! Yet you still have a go at him. Unnecessary and bad manners. Does it make you feel better about yourself?

This site exists to provide clarification in matters such as the one the original poster raised. With governments constantly changing the goalposts, and with the tax system being as confused as it is, it's no wonder people are confused.

atush

Honestly, I was NOT having a GO (although you seem familar with the practice).

This person was upset and unnescessarily resentful (and rude to those who tried to point out they were wrong in their assumptions) of others so now he can relax and be happy in retirment knowing that he isn't paying more tax than those still in work. That is a good thing, surely?

And when he had already been told in an earlier post but was still ranting, surely a little humor is in order? Or don't you do humor?

zygurat789

jem16 wrote: »

Both under 65 and over 65 pay exactly the same tax.

For nearly 100 years it has been the practice to respect ones elders, not so any more. There are lots of reasons why this should be so, when you sit in your nice warm centrally heated office just consider the heating bill.
If you aren't home all day your bills will be minimal - just wait til your turn comes.
Oh I forgot you will never get to retirement age because of binge drinking, cocaine snorting, driving too fast or a whole host of other things the under 65s indulge in

jem16

zygurat789 wrote: »

If you aren't home all day your bills will be minimal - just wait til your turn comes.

Are you trying to suggest that being at work all day incurs no cost? Should we forget about the costs for travelling, work clothes etc, etc.

Perhaps we should also forget the heating alliowance and the free bus passes for over 60s. Then there is the free prescriptions and sight tests in England.

srcandas

This thread gets funnier by the minute. Get cool everyone. Have a beer :beer:

bobthesod is your part time job turf laying or am I miss-reading your tag

Millie_Millsters

zygurat789 wrote: »

Oh I forgot you will never get to retirement age because of binge drinking, cocaine snorting, driving too fast or a whole host of other things the under 65s indulge in

And the fact that they keep moving the goalposts