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Topic: Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Explanation required
Posted by: Andy Pease
Date/Time: 29/09/14 21:31:00

Actually Vanessa, they do take company pensions into account.I have to pay income tax on my pension and whats left of my pension is offset against my job seekers allowance so I end up with virtually nothing of my pension and because of my savings (which was taxed when I earned the money, and the interest is again taxed ) I am not able to claim any other benefits, apart from DLA which anybody can claim if they fit the criteria.To try to get some extra income, I trade in stocks and shares using my money that has already been taxed twice.Any profits I make are taxed at 28%.So the final returns I get from my transactions have been taxed 3 times.Whatever I then buy with this cash also attracts 20% VAT So about 80% of my money goes on tax, a far greater amount than somebody earnjng 250k a year pays.

Entire Thread
TopicDate PostedPosted By
Explanation required29/09/14 13:15:00 Vanessa Smith
   Re:Explanation required29/09/14 13:53:00 Dan Murphy
   Re:Explanation required29/09/14 14:36:00 Andy Pease
      Re:Re:Explanation required29/09/14 15:01:00 Vanessa Smith
         Re:Re:Re:Explanation required29/09/14 15:36:00 Jonathan Bingham
            Re:Re:Re:Re:Explanation required29/09/14 15:52:00 Andy Pease
               Re:Re:Re:Re:Re:Explanation required29/09/14 16:02:00 Jonathan Bingham
                  Re:Re:Re:Re:Re:Re:Explanation required29/09/14 16:10:00 Russell Pearson
               Re:Re:Re:Re:Re:Explanation required29/09/14 16:16:00 Birna Helgadottir
                  Re:Re:Re:Re:Re:Re:Explanation required29/09/14 16:21:00 Russell Pearson
                     Re:Re:Re:Re:Re:Re:Re:Explanation required29/09/14 18:18:00 Vanessa Smith
                        Re:Re:Re:Re:Re:Re:Re:Re:Explanation required29/09/14 18:29:00 Pete Mayes
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Explanation required29/09/14 18:56:00 Vanessa Smith
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Explanation required29/09/14 19:05:00 Pete Mayes
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Explanation required29/09/14 19:41:00 Claire Moran
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Explanation required29/09/14 21:31:00 Andy Pease
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Explanation required29/09/14 21:42:00 Jonathan Bingham
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Explanation required29/09/14 22:24:00 Andy Pease
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Explanation required30/09/14 09:59:00 Vanessa Smith
               Re:Re:Re:Re:Re:Explanation required29/09/14 22:28:00 Lucy Chambers
                  Re:Re:Re:Re:Re:Re:Explanation required29/09/14 22:34:00 Andy Pease

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