new car and deprivation of capital

baza52

billywilly wrote: »

They do it on the cheap! The average cost for a family to go to Disney is around £10,000. I should know as my daughters regularly go and that is how much they pay to stay on site - all inclusive.

perhaps you should price up the cost for a family of 4 flying business return to florida.
That 10k would not even cover the airfare, let alone accommodation, food and drink and park entry.


flights tomorrow for 10 days come to £11,156.64

Scarla

Scarla wrote: »

May I ask what you did for a living to earn this amount?

Apologies, I forgot...................you are an independent politician. Of course you are. I didn't know independent politicians were paid so much.

billywilly

Scarla wrote: »

First it's £10,000 they pay to stay on sight, next it's including business flights. You are confusing me.

£10,000 all in!

billywilly

Scarla wrote: »

*splutter*

I would disagree, you claim £200 per week in state pension, that you do not need and only claim it because you are entitled. If you don't need it and you are not greedy, why claim it?

Saying that, you can't have any idea of how the SRP works. Of course I could not claim it. But what happens then? It doesn't get written off, you simply can't say you do not want it.
In fact it starts to roll up with or without your permission. At sometime in the future that rolled up sum that is being held by the government on your behalf is paid out - sometimes to the Executor of you estate if you die!

You simply cannot just 'get rid' of the entitlement.

billywilly

Scarla wrote: »

May I ask what you did for a living to earn this amount?

Worked hard in the City of London as a professional.

baza52

billywilly wrote: »

£10,000 all in!

Rubbish. 10k might cover 4 flights at an off peak time.

Londonsu

billywilly wrote: »

Maybe the difference between you and i is that I am not greedy!

billywilly wrote: »

Saying that, you can't have any idea of how the SRP works. Of course I could not claim it. But what happens then? It doesn't get written off, you simply can't say you do not want it.
In fact it starts to roll up with or without your permission. At sometime in the future that rolled up sum that is being held by the government on your behalf is paid out - sometimes to the Executor of you estate if you die!

You simply cannot just 'get rid' of the entitlement.

yep you can, the pension goes into your account and you can donate it to the charity of your choice ( you can even gift aid it if you still pay tax)

baza52

billywilly wrote: »

Worked hard in the City of London as a professional.

What field? I worked in the city as well. I know quite a few professionals especially from the banking and equities side of things.

Scarla

baza52 wrote: »

What field? I worked in the city as well. I know quite a few professionals especially from the banking and equities side of things.

Love this post, if I am reading it correctly.

Scarla

Billy

You don't need your pension, why not put it to the entire board what you should do with it.