We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
George Osborne MUST now U-Turn 'Granny Tax'!
Comments
-
The correct response to a personal attack is a report to the Forum Team, not a retaliatory post.I felt an attack was made, why did you not reply in kind to the attacker?
Tools available include reports to the Forum Team, private suggestions and public suggestions. I use all three, in part depending on how likely I think it is that a particular poster will respond in a way that will improve the temperature of a topic's ongoing discussion.
My judgment was in part that a public request to you and reminder to others had a sufficiently high chance of you responding positively, and of that positive response improving the overall temperature of the discussion, to be worth trying instead of simply making a report to the Forum Team and adding to their workload.
Had I not had a relatively high opinion of you I wouldn't have made a request that mentioned you. I'd have simply reported your post to the Forum Team immediately if I thought it appropriate to do that.
Such judgments are not risk-free but sometimes I think it's worth a try. Your response disappointed me but that's a risk I knew I was taking. Such is life.
If you see a clear personal attack please don't hesitate to report it to the Forum Team. They do act, often very quickly.0 -
Just to add weight I and my business partner for 20 years have remained just under higher rate tax. We play with divi's, retained profits, overseas company trips (purely for educational and prospecting reasons of course
) and benefits to achieve it.
I did make a calculation error 3 years back and we paid a little at higher rate - it made me feel ill
Those of us who are taxed at source do not have that flexibility to decide how much we pay! Exactly the reason why the whole system needs tightening up!
http://www.guardian.co.uk/society/2012/jun/06/nick-clegg-benefit-cuts-pensioners
Another Cameron U turn. He expressly said he wouldn't do this in the Tory manifesto!0 -
Those of us who are taxed at source do not have that flexibility to decide how much we pay! Exactly the reason why the whole system needs tightening up!
Moby totally agree. Although you have flexibility over pension contributions so we are only talking about the amount of flexibility.
And I of course carry high risks that salaried staff do not :beer:I believe past performance is a good guide to future performance :beer:0 -
The correct response to a personal attack is a report to the Forum Team, not a retaliatory post.
Tools available include reports to the Forum Team, private suggestions and public suggestions. I use all three, in part depending on how likely I think it is that a particular poster will respond in a way that will improve the temperature of a topic's ongoing discussion.
My judgment was in part that a public request to you and reminder to others had a sufficiently high chance of you responding positively, and of that positive response improving the overall temperature of the discussion, to be worth trying instead of simply making a report to the Forum Team and adding to their workload.
Had I not had a relatively high opinion of you I wouldn't have made a request that mentioned you. I'd have simply reported your post to the Forum Team immediately if I thought it appropriate to do that.
Such judgments are not risk-free but sometimes I think it's worth a try. Your response disappointed me but that's a risk I knew I was taking. Such is life.
If you see a clear personal attack please don't hesitate to report it to the Forum Team. They do act, often very quickly.
The above is a very good summing up of how we should all behave here towards other people, and if people don't behave then there is something one can do about it.
After all, if we where all just having a chat over a drink in the pub as a group of people chatting about this subject would we be so quick to make sarcastic or whatever verbal attacks? I don't think so.
The whole subject of of how one is being taxed is by the very nature of it extremely emotive though.:)
By the way...
"and to be frank, you're simply spouting either tabloid or Labour party tripe".
Well, one mans tabloid tripe is another persons belief. Some people will say the Sun (like me for instance) talks tripe, some will say the Daily Mail talks tripe and so on.
And yes. the Labour party does talk tripe.
No offence taken by the way in respect of that particular post of yours rant at me.You've heard the budget speech now you've been told. Make lots of cash then die before you're old 'Cause we're gonna Tax Gran that's what it is We're gonna Tax Gran freeze her allowances. You better hope next winter isn't cold. We're gonna Tax Gran, we're glad she's there.To subsidize the Billionaires. We're gonna Tax Gran and this is wrong!0 -
boozercruiser wrote: »The tax will leave up to five million middle-class pensioners up to £323 worse off, according to the Institute for Fiscal Studies..
Seeing as how wealth is only loosely related to class, what is this "middle-class pensioner" of which they speak?0 -
Although you have flexibility over pension contributions so we are only talking about the amount of flexibility.
That's about the only "knob" I can twiddle, but I do have some limited ability to time some unapproved share scheme exercises.And I of course carry high risks that salaried staff do not :beer:
BTDT, for many a decade in my younger days, and I know what it feels like!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Seeing as how wealth is only loosely related to class, what is this "middle-class pensioner" of which they speak?
You need to ask the Daily Telegraph that question.
I only quoted the article as written.:)You've heard the budget speech now you've been told. Make lots of cash then die before you're old 'Cause we're gonna Tax Gran that's what it is We're gonna Tax Gran freeze her allowances. You better hope next winter isn't cold. We're gonna Tax Gran, we're glad she's there.To subsidize the Billionaires. We're gonna Tax Gran and this is wrong!0 -
Moby totally agree. Although you have flexibility over pension contributions so we are only talking about the amount of flexibility.
And I of course carry high risks that salaried staff do not :beer:
Perhaps.....but I wonder how the treasury traces all those 'cash in hand' jobs going down on my street. Doesn't seem to be that risky for many of our wonderful 'entrepreneurial' types that are going to save us all.:cool:0 -
Doesn't seem to be that risky for many of our wonderful 'entrepreneurial' types that are going to save us all.:cool:
It's a word that had many meanings even before it started being over-used.
http://en.wikipedia.org/wiki/Entrepreneur#Types_of_entrepreneurs
I tend to reserve it for cases where there is a lot of drive and innovation, and I'm also pretty fussy regards usage of the word "innovation"!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Perhaps.....but I wonder how the treasury traces all those 'cash in hand' jobs going down on my street. Doesn't seem to be that risky for many of our wonderful 'entrepreneurial' types that are going to save us all.:cool:
It is largely traced through VAT on parts, and profiling. An example is my local decorator. He reclaims VAT on paint so it is obvious he has to use it. Yes he admits to the odd job cash in hand but this is largely for old ladies who are the main beneficiaries. However many imagine he pays no tax at all - he wishes
Moby I know the black economy of carpenters, plumbers, builders, etc. is frustrating. However while very visible I don't think that it is as enormous in terms of percentage of economy as it's perceived.
I am in the IT business working for large organisations and the opposite applies to us. Not only do we have a massive red tape burden but are also subject to VAT and tax inspections. The last time the VAT man came (a full day preparing and helping him) he said we were not claiming enough. For example why were we not claiming for the parts of our houses we use as offices? The answer is that doing so would leave us open to more accountant costs to justify it, more time to administer it, and leave us open to expensive investigation. So there are two sides to the coin and I think people like us are more common than at first might appear.
I look at entrepreneurs as those who take risk to develop business opportunity thus creating jobs and wealth.
Quite how we create a system that encourages such behaviour while clamping down on those fiddling the system is I think very very difficult. Perhaps the answer lies in creating a more honest and responsible society rather than creating more rules but from the evidence of the proportion of selfish posts one sees here I'm not convinced we are making much progress in that direction :beer:I believe past performance is a good guide to future performance :beer:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards