Pensioners.

[Major Thom]

Did Pensioners get the 10.1% increase this year? We got it in Cyprus, but if your not a Cyprus Tax Payer it all went straight back to the government because they failed to increase the tax relief amount. In Cyprus our personal tax is no payment under €19.000 then it's 5%. So although it's sounds a lot, it was given in one hand and taken with the other. When we lived in Luxor, we got no yearly increases, but wondered if that has now changed.

[Who2]

Timeline: Cafe Kick 'norf laandan..
"We've never had it so good us 'babyboomers.............ungrateful sods.
Ps: It's about time to send 'Chinese Gordon back up the Nile to Khartoum in gunboats to rescue the british..
was that 1984 or 1884 ?

Anyhow it's all going tits-up over here can't wait to get on a plane...
Here's a picture of Nick in front of Seti 1st's sarkofagus or even sarcophagus.tara....

[Dusak]

Did Pensioners get the 10.1% increase this year? We got it in Cyprus, but if your not a Cyprus Tax Payer it all went straight back to the government because they failed to increase the tax relief amount. In Cyprus our personal tax is no payment under €19.000 then it's 5%. So although it's sounds a lot, it was given in one hand and taken with the other. When we lived in Luxor, we got no yearly increases, but wondered if that has now changed.

No we get just as much f*** all as we have always recieved, f*** all.

[A-Four]

From what I understand of the state pension for people who live in the U.K., the past year saw an increase of 10%, and next year will see a further increase of 8%, however those with a private pension as well, will notice that will be cancelled out with the usual tricks that apply.

Further to this, many on state pension living in the U.K. have received additional one off payments of £500 recently, plus payments over the past year of almost £1000 to help with their fuel bills. Those who are on what is known as pension-credit have benefited even more.

Many will remember Norman Lamont's announcement about Tessa's and later Isa's, which were tax free (automatically some would realise a catch with these 'investment's'). For people today who are of still working age who lose their jobs, will discover that they cannot receive certain unemployment benefits, simply because they have savings in such accounts, even though most will believe such money would be invested purely for their retirement ONLY. Each Tessa and Isa account opened must supply the persons National Insurance No, therefore easy to trace by government departments.

These days it is almost impossible to truly invest for a future private pension, I only know of one, that is truly tax free.

[HEPZIBAH]

These days it is almost impossible to truly invest for a future private pension, I only know of one, that is truly tax free.

With interest rates, or rather lack of them, in the more recent years the best Tax Free saving has been to stuff your mattress with your hard earned pennies. It may give a lumpy nights sleep, but at least you some zzz's in instead of tossing and turning worrying about the bogey man errm I mean tax man turning up.

[A-Four]

I read your post with interest here Hepzibah, however, even with interest rates At its lowest level, it would be less than three years before you would lose your 'pillow', if one was to stash your cash in such a manner. Even in the U.K. the only way to safe guard is in cold bullion, especially whe the world is so much at war with each other.

For young people they should invest in property that they can most afford to buy, but never invest in shared-onership, this is a disaster.

[HEPZIBAH]

I read your post with interest here Hepzibah, however, even with interest rates At its lowest level, it would be less than three years before you would lose your 'pillow', if one was to stash your cash in such a manner.

I should have put an eye rolling or laughing emoji and written 'tongue in cheek' (to coin a phrase) at the end of my comment.

[Who2]

Quote: "I mean tax man turning up.

Question: "What's a taxman when he's about ?
Reminds me of the TV licencing van turning up..

Get an accountant that's what they are there for.
The TV scam was and still is a load of old baloney.

Personally, I still think us pensioners We have never had it so good!!

Oh! and the only time I paid tax was working for the government, but..............
'If you say you are leaving the country for 12 months, they give you back your tax for that year, and never check if you leave..

'Just a nod to the wise.....

Afterthought ! "who ever needs an honest accountant or an honest lawyer".... 'Honestly ?

[Teddyboy]

"who ever needs an honest accountant or an honest lawyer".... 'Honestly ?

Possibly an honest person?