Pension Lump Sum - Tax Raid

mikewill34

Hi All,

What are the latest predictions on what the chancellor will do in the autumn budget?

I am thinking of taking my 25% of my four current pensions sooner rather than later.

I am working hence still paying in to one of the four.

QrizB

See:

https://forums.moneysavingexpert.com/discussion/6628895/looking-to-protect-my-25-tax-free-lump-sum

Silvertabby

It's deja vu all over again...

flaneurs_lobster

mikewill34 said:

Hi All,

What are the latest predictions on what the chancellor will do in the autumn budget?

Predictions by whom? The Daily Mail or normal people?

Suggest you pull all of your money out of all of your pensions - just in case.

But then again I don't know Jack about what's going to be in the budget, why would you want me telling you what to do? 

mikewill34

flaneurs_lobster said:

mikewill34 said:

Hi All,

What are the latest predictions on what the chancellor will do in the autumn budget?

Predictions by whom? The Daily Mail or normal people?

Suggest you pull all of your money out of all of your pensions - just in case.

But then again I don't know Jack about what's going to be in the budget, why would you want me telling you what to do? 

Any predictions by authoritative sources would be appreciated. However they are PREDICTIONS and may not happen.

Dazed_and_C0nfused

mikewill34 said:

flaneurs_lobster said:

mikewill34 said:

Hi All,

What are the latest predictions on what the chancellor will do in the autumn budget?

Predictions by whom? The Daily Mail or normal people?

Suggest you pull all of your money out of all of your pensions - just in case.

But then again I don't know Jack about what's going to be in the budget, why would you want me telling you what to do? 

Any predictions by authoritative sources would be appreciated. However they are PREDICTIONS and may not happen.

Rachel Reeves is the only authorities source that counts.

If you have the TV or radio on at lunchtime on 26 November you will no doubt get the answer you are after.

Marcon

Dazed_and_C0nfused said:

mikewill34 said:

flaneurs_lobster said:

mikewill34 said:

Hi All,

What are the latest predictions on what the chancellor will do in the autumn budget?

Predictions by whom? The Daily Mail or normal people?

Suggest you pull all of your money out of all of your pensions - just in case.

But then again I don't know Jack about what's going to be in the budget, why would you want me telling you what to do? 

Any predictions by authoritative sources would be appreciated. However they are PREDICTIONS and may not happen.

Rachel Reeves is the only authorities source that counts.

If you have the TV or radio on at lunchtime on 26 November you will no doubt get the answer you are after.

Exactly so. Perhaps until then we could avoid any more of these totally pointless threads?

Vitor

I've taken two preserved pensions early with lump sums to protect from thieves Reeves 

flaneurs_lobster

mikewill34 said:

flaneurs_lobster said:

mikewill34 said:

Hi All,

What are the latest predictions on what the chancellor will do in the autumn budget?

Predictions by whom? The Daily Mail or normal people?

Suggest you pull all of your money out of all of your pensions - just in case.

But then again I don't know Jack about what's going to be in the budget, why would you want me telling you what to do? 

Any predictions by authoritative sources would be appreciated. However they are PREDICTIONS and may not happen.

My predictions are perfectly authoritative, and I've got the chicken entrails to prove it. 

ali_bear

Stop looking at the news. 

Seriously, stop watching TV news, stop looking at the news feed on your devices. It is doing you no good at all. 

Whatever is decided in the forthcoming budget, it will happen regardless. Very unlikely anyone will gain by taking a speculative gamble with their retirement savings based on hearsay. If there are adverse changes we may have to pay a little more in tax. Boo hoo. 

ggmf

Vitor said:

I've taken two preserved pensions early with lump sums to protect from thieves Reeves 

Did you take the fuel payments from Sunak/Johnson? - have you paid them back at all?
Did you "Eat out to help out" ?
Where you furloughed for any period of time during the pandemic?
Did you take the vacines when offered? (did you personally pay for them?)
Are you self employed or take any of the grants/loans that were on offer? - have you paid them back?
Which part of the country is broke do you not understand?
Stop with the school playground insults.