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Pay off mortgage using tax free pension

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Comments

  • kinger101
    kinger101 Posts: 6,742 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 8 February at 12:51PM
    ali_bear said:
    kinger101 said:
    What is the point of us all agreeing on something we have no real control over?


    What is the point of arguing about it? 
    The word isn't argument. It is discussion.  It brings forward multiple views that might help the OP.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 18,615 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    leosayer said:
    ali_bear said:
    The cap on TFLS could increase in the future. Has anyone said it will definitely be frozen? 
    The cap is a fixed amount in legislation.
    A bit like the legislation which means the income tax Personal Allowance increases by CPI each year.  Until a politician decided it shouldn't be so the legislation was changed.
  • ali_bear
    ali_bear Posts: 522 Forumite
    500 Posts Third Anniversary Photogenic Name Dropper
    I am all for open discussion. And for helping the OP. 
    A little FIRE lights the cigar
  • Triumph13
    Triumph13 Posts: 2,076 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    The difference being that the legislation around the personal allowance is phrased as a pause in increases, for a specified period, after which it is expected to once more increase by inflation.  There is nothing anywhere that indicates an intended limit to the length of time the TFLS is frozen for.

    I agree though that politicians could always do something unexpected.
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