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Topic: Re:Re:Re:Re:Re:Re:Deferring your state pension
Posted by: Sam Hearn
Date/Time: 12/05/15 20:40:00

"Would it not be fairer to make the pensioners take some of the pain?" -

Will, this is a perceptive comment but you will already have seen much earlier in this thread that Maggie (and she is not alone) wishes to avoid paying any income tax at all simply because she has reached a certain age. My apologies Maggie if I have oversimplified or misrepresented your views.

We now have 11 million people aged over 65 (twice the population of Scotland) in fifteen years time this is predicted to rise to 20 million. The impact on the public
finances is likely to be be crippling.

The state pension is only the tip of the iceberg. For those with no other visible means of support Pension Credit raises the basic weekly allowance to 151.20 a week for a single person. You do not pay income tax on the pension credit. Then there is the impact of the elderly on the NHS and social services. Each and every day two thirds of the people accessing NHS services are over the age of 65. If that number doubles over the next 15 years the NHS as we know it could simply grind to a halt.

One partial solution is to merge income tax and national insurance. Chancellors of both the main political parties have been laying the administrative/regulatory foundations for this radical change for the last sixteen years. 

In the next few years national insurance will be phased out, higher rates of basic rate tax will be introduced and a new payroll tax on businesses will be introduced replacing the employers' part of national insurance.

 



Entire Thread
TopicDate PostedPosted By
Taking my State Pension - help please !08/05/15 15:48:00 Maggie Dodge
   Re:Taking my State Pension - help please !08/05/15 16:12:00 Richard Greenhough
      Re:Re:Taking my State Pension - help please !08/05/15 16:29:00 Vanessa Smith
   Re:Taking my State Pension - help please !08/05/15 16:25:00 Jonathan Bingham
      Re:Re:Taking my State Pension - help please !08/05/15 17:01:00 James Roy
         Re:Re:Re:Taking my State Pension - help please !08/05/15 17:07:00 Maggie Dodge
            Re:Taking my State Pension - help please !08/05/15 18:00:00 Phil Kay
            Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 18:15:00 Robert Fish
               Re:Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 19:46:00 Andy Pease
                  Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 20:48:00 Maggie Dodge
               Re:Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 20:56:00 Maggie Dodge
                  Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 23:58:00 Mark Perry
                     Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 08:17:00 Maggie Dodge
                        Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 08:36:00 Micki Hawkes
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 11:33:00 Maggie Dodge
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 11:56:00 Gerry Tan
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 11:35:00 Stephen Gould
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 12:58:00 Sam Hearn
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 19:36:00 Maggie Dodge
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 21:52:00 Jill Merrett
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !10/05/15 07:36:00 Micki Hawkes
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !10/05/15 07:42:00 Micki Hawkes
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !10/05/15 09:35:00 Maggie Dodge
                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !10/05/15 17:01:00 James Roy
                                                   IDS to re-brand the state pension12/05/15 08:14:00 Janine Jarvis
                                                      Re:Stop the Tory Bashing lies - NOW12/05/15 09:14:00 Sam Hearn
                                                         Re:Re:Stop the Tory Bashing lies - NOW12/05/15 09:20:00 Maggie Dodge
                                                            Re:Re:Re:Stop the Tory Bashing lies - NOW12/05/15 11:45:00 Lou Valdini
                                                         Re:Re:Stop the Tory Bashing lies - NOW12/05/15 11:55:00 James Roy
                                                         Re:Re:Stop the Tory Bashing lies - NOW12/05/15 11:55:00 James Roy
                                                            Re:Re:Re:Stop the Tory Bashing lies - NOW12/05/15 13:22:00 Sam Hearn
                                                               Re:Re:Re:Re:Stop the Tory Bashing lies - NOW12/05/15 16:06:00 James Roy
                                                                  Deferring your state pension12/05/15 16:13:00 Bernard Allen
                                                                     Re:Deferring your state pension12/05/15 16:50:00 Sam Hearn
                                                                        Re:Re:Deferring your state pension12/05/15 17:09:00 Will Watson
                                                                           Re:Re:Re:Deferring your state pension12/05/15 17:41:00 Bernard Allen
                                                                              Re:Re:Re:Re:Deferring your state pension12/05/15 18:27:00 Chris Lucy
                                                                                 Re:Re:Re:Re:Re:Deferring your state pension12/05/15 19:38:00 Micki Hawkes
                                                                                    Re:Re:Re:Re:Re:Re:Deferring your state pension12/05/15 20:40:00 Sam Hearn
                                                                                       Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 12:12:00 Will Watson
                                                                              Re:Re:Re:Re:Deferring your state pension12/05/15 22:01:00 Susan Kelly
                                                                                 Re:Re:Re:Re:Re:Deferring your state pension12/05/15 22:34:00 Bernard Allen
                                                                                    Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 09:49:00 Susan Kelly
                                                                                       Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 11:49:00 Bernard Allen
                                                                                          Re:Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 19:18:00 Susan Kelly
                                                                              Re:Re:Re:Re:Deferring your state pension12/05/15 22:10:00 Will Watson
                                                                                 Re:Re:Re:Re:Re:Deferring your state pension12/05/15 22:27:00 Bernard Allen
                                                                                    Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 09:27:00 Sam Hearn
                                                                                       Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 11:43:00 Bernard Allen
                                                                                          Re:Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 12:45:00 Sam Hearn
                                                                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 20:45:00 James Roy
                                                                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Deferring your state pension23/05/15 17:43:00 Joe Conneely
                                                                                                   Re:Deferring27/05/15 12:37:00 Maggie Dodge
                                                                                                      Re:Re:Deferring27/05/15 16:06:00 Joe Conneely
                                                                                                      Re:Re:Deferring27/05/15 16:26:00 Vanessa Smith
                                                                                                         Re:Re:Re:Deferring27/05/15 16:49:00 Micki Hawkes
                                                                                                            Re:Re:Re:Re:Deferring27/05/15 17:09:00 Maggie Dodge

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