DLA or WTC may go !!

benniebert

!!!!!! wrote: »

The people who are claiming pension between 2016 & 2021

Tax & NI are used NOW. It is not a pot you pay into and claim later as a pension.. When you claim your pension the people who are paying for it are the people paying tax & NI then.

........and if by that time there are fewer people working alongside those that do but earn the NMW, the revenue that is passed to the government will go down, leaving a shortfall for those that retire.


Put simply more money is needed to fund an ever increasing aged population being paid for by a reducing revenue intake.


It can't continue in that way for much longer.

benniebert

50Twuncle wrote: »

That's what they state - but I can't think of any circumstances when someone claiming CA pays income tax - can you ?

Of course I can.

Have you not considered those that are private landlords, those that have shares and capital wealth?

Carers Allowance pays £3224 a year, that is only £7400 short of when you will start paying tax.

The average 'net profit' from one let property is at least £3600 a year - could be a lot more.

Have £100,000 invested at 3% gives you another £3000 of income.


Add to that other earnings of £5500
And you are well into paying tax!!

50Twuncle

benniebert wrote: »

Of course I can.

Have you not considered those that are private landlords, those that have shares and capital wealth?

Carers Allowance pays £3224 a year, that is only £7400 short of when you will start paying tax.

The average 'net profit' from one let property is at least £3600 a year - could be a lot more.

Have £100,000 invested at 3% gives you another £3000 of income.

Anything above those figures and you will pay tax.

OK I was confusing income with earnings !!

benniebert

tea-bag wrote: »

LONG POST ALERT:

There are loads of benefits that should go or change

1, WTC. Just a excuse to prop up low wages paid by big company's. There should be a rule in place that company making profit over a certain amount must pay over say £10ph and this could be on a sliding scale so if they make £1m profit £10ph, £2m profit £10.50 and so on.

2, CTC. This works with the above and rewards people for having more kids. Stop payments until they are 20! at 16 they are no longer a child they can work, go into the forces or education/training. If they are in education but live alone provide HB and CTB. Bring back EMA at a higher rate and paid weekly provided they turn up to college.

3. Maintenance payments SHOULD COUNT AS INCOME!! What a joke it is not! All payments should be handled by computer done in arrears. The parent paying the maintenance pays into a account this amount is deducted from any benefit received and handed over. As this will be done in arrears there is no possibility the parent with care will be left short.

4. ESA Should be paid at same rate as JSA and only one level. This will help curb the tide of fakers out for extra cash and less scrutiny that you get under JSA.

5. NEW BENEFIT Lifetime disability award (MEANS TESTED) There are people in life who will always be servility disabled these people will be reviewed once a year by a DOCTOR and paid equivalent to 40 hours PW at the living wage rate. Any equipment (Power chairs, incontinence pads etc) will be provided on a case by case basis.

6. SCRAP DLA/PIP People are paid money even though their disability may not cost them a penny more to live with. If you have needs for equipment or consumables this will be provided.

7. Carers Allowance. Should be paid PH at the living wage rate and only to people on the lifetime disability award. It will be assessed on a case by case basis and each person allocated hours on there needs. This will only be payable to a NON RELATIVE! Thus boosting the care sector.

8. Pensions (MEANS TEST)

9. JSA should be increased but only payable for 2 years at NMW and paid the same to 18 year olds as it is to 64 year olds. Once back in work you repay what you claimed like a student loan.

10. Mortgage interest payments. SCRAPPED replaced with a full payment system but then charged on the property(so any money payed is recovered when the house is sold)

11, BEDROOM TAX Pay it or move (if you refuse suitable accommodation or refuse to go onto a transfer list)

12, IS for single parents paid at same rate as JSA again up the age of 5 limit 3 children to be repaid same as JSA.

13. Housing Benefit Not sure what to do with this as it leads into my next point.

14, Council Tenants MUST BE REVIEWED EVERY 5 YEARS this will be based on people living in the property size of property and upkeep of the property and behavior in that property. ALSO MEANS TESTED! I would keep right to buy BUT Every penny must be used to build social housing. I would also make it a rule that any development build is half and half social housing built to the same design and standard as the bought housing.

15, Child Benefit SCRAPPED

16, Motability SCRAPPED This is financed by the big banks and just a big con from start to end. A fleet size of 610,000!! Really?? Get them off the road I am not here to prop up the banks and car companys.

17, EVERYTHING TO BE MEANS TESTED

Hey tea bag, you could jump into my tea pot anytime!


Absolutely - the benefit system including the State Pension needs a complete shakedown from top to bottom.


Too much money is going out to the wrong people.

benniebert

merlin68 wrote: »

.
I would say that if you need motability it should be spent on transport and nothing else. No cash, bus pass or car.
Not like my mate who saves her kids dla for an 2 week all inclusive abroad.

To right!!!!


Couldn't agree with you anymore

tea-bag

pmlindyloo wrote: »

I cannot believe the hypocrisy of someone who wrote in December 2014

QUOTE

We are planning on moving house 200 miles away I can transfer with my job no problem however my wife works for the local council so will lose her job. Will she be able to claim JSA? We are moving to be closer to her parents and be mortgage free.

Obviously you have never had to give up a job to care for someone or lost a job through no fault of your own or are very disabled and had to exist on a very small income whilst waiting for the powers that be to decide to give you some help?

I do not disagree with some of your suggestions but I think you have no real idea what it is like for some people living in our society.

Yes, there are benefit scroungers but whatever criteria you set there will always be some who find a way around it.

OK let's get this quote correct the question i asked was:

We are planning on moving house 200 miles away I can transfer with my job no problem however my wife works for the local council so will lose her job. Will she be able to claim JSA? We are moving to be closer to her parents and be mortgage free.

And only this. So lets put this back into context. My wife has been a teacher and paid in for 15 years. Due to the move she will lose her job. She plans on getting a job as soon as we are settled in the new house. I was asking if she is entitled or not. If not we will survive on my wages. However she will still need her stamp paid.

and under my new rules she would have to pay it back if entitled.

original question:
https://forums.moneysavingexpert.com/discussion/5132842

tea-bag

pmlindyloo No response?