Women SPA this week

Gers

Paul_Herring wrote: »

Depends on whether they get a hand-delivered, personally addressed letter about it...

Aren't all letters hand-delivered?

Paul_Herring

Gers wrote: »

Aren't all letters hand-delivered?

No. https://www.collinsdictionary.com/dictionary/english/hand-delivered

adjective
(of a letter or parcel) delivered by the sender rather than a postman or courier

GibbsRule_No3.

nigelbb wrote: »

The big winners from the the current system are those like me who continue to work after state pension age as we don't pay any NI contributions which in my case is worth thousands a year.

Even were NI contributions to be brought in for post-SPA workers there would have to be a a lot of warning & a very long transitional period so as not to penalise existing & future working pensioners who have made plans on the basis that they are no longer liable for NI payments. Otherwise we would need to form a campaign titled WANII (Workers Against National Insurance Inequality).

How much do you earn, if NI will make that much difference? When I reach SP next year and continue, it will only be about £66 a month but most of that will be swallowed by extra tax no doubt. Still better than nothing though, every penny counts.

LHW99

Aren't all letters hand-delivered?

Not if they come by owl

nigelbb

GibbsRule_No3. wrote: »

How much do you earn, if NI will make that much difference? When I reach SP next year and continue, it will only be about £66 a month but most of that will be swallowed by extra tax no doubt. Still better than nothing though, every penny counts.

NI is an additional income tax of 12% on a weekly income of between £166 & £962 & 2% above £962.

If you are on PAYE & you only pay £66/month then you must be working part time or on minimum wage. If you are on median salary for UK of £28677 you will pay about £200/month in NI contributions i.e. £2400/year. If you earn £50000 so are just below the threshold for higher rate tax you will pay £6000/year in NI contributions.

As NI is an additional tax on income when you are post SPA & no longer paying NI you get to keep it all. For post SPA workers it is a very welcome bonus.