Income tax

[philmac41]

Has anyone ever thought about the injustice of paying tax on there pension?I am fortunate to have 2 pensions,I have of course worked for them all my life ,and will have paid tax over and over again.Why can,t there be a pension rate of tax? maybe 10% overall? it would be fairer and might help to pay my Council tax and gas bills this coming year!.

[Jan H]

I totally agree with you - it is totally unfair.  You work all your life and pay tax all your life.

Therefore, the state pension you receive should not be added to your private pension for tax purposes.
 
The tax free allowance should be applied to your private pension only.

And the tax free allowance for all pensioners should be raised.

[ljukes]

Here, here or is it hear, hear.

[jwhend@hotmail.co.uk]

Oh well it is over three years since I first posted this and I am still angry about paying tax on my pension and how they diddled us with the 10p fiasco.
 
You work all your life, you pay all your dues -  you retire and you are still paying your dues while some people do nothing and get everything.  A life of nothing but benefits.  Obviously there are genuine cases which I would be happy to help. 

I think that the tax allowance, for women who were allowed to retire at 60,  should have had the increased tax allowance at 60 not 65.

Pension Credit - if you can get this the doors open to most things.

[Ivanhoe]

///////Pension Credit - if you can get this the doors open to most things.////////

Pensions Credit is a means test, to try and get the "other things".

As a non pensioner I dont believe in means testing pensioners, I dont believe pensioners should have to pay any taxes at all, particularly the unjust council tax.

I believe the State pension should be a universial payment of at least £250 a week for all British pensioners following an working life of already paying into the system.
 
 

[avalonmpk]

///////Pension Credit - if you can get this the doors open to most things.////////

Pensions Credit is a means test, to try and get the "other things".

As a non pensioner I don't believe in means testing pensioners, I dint believe pensioners should have to pay any taxes at all, particularly the unjust council tax.

I believe the State pension should be a universal payment of at least £250 a week for all British pensioners following an working life of already paying into the system.
 
 

It could easily be this amount if we did not have to pay for the lazy and all the 'B' scroungers the amount of state benefits fiddled over the last 14 years equates to 2042 pounds for every pensioner ie over £40 pounds per week for a year and that is only what has come to light so far - we spend more on prison inmates than we do on vulnerable children or disabled  ex servicemen/women. As for tax on pensions it was notm so bad when we got tax relief on our contributions but then we had Gordon Brown a name which is now used for the description of anything dodgey in accounts  by auditors

[Ivanhoe]

/////////It could easily be this amount if we did not have to pay for the lazy and all the 'B' scroungers the amount of state benefits fiddled over the last 14 years////

If you actually believe that by catching these so-called welfare scroungers ect, that your state pension would be increased to "any" amount, then you are indeed living in cloud cuckoo land.

[neatabulb]

Has anyone ever thought about the injustice of paying tax on there pension?I am fortunate to have 2 pensions,I have of course worked for them all my life ,and will have paid tax over and over again.Why can,t there be a pension rate of tax? maybe 10% overall? it would be fairer and might help to pay my Council tax and gas bills this coming year!.

I totally agree with you.
I planned for my retirement from the age of 25 and now have a good income but I pay more tax now than when I was working. OK, I  have more income than when I was working but I worked very hard for it.

[avalonmpk]

/////////It could easily be this amount if we did not have to pay for the lazy and all the 'B' scroungers the amount of state benefits fiddled over the last 14 years equates to 2042 pounds for every pensioner ie over £40 pounds per week for a year and that is only what has come to light so far - we spend more on prison inmates than we do on vulnerable children or disabled  ex servicemen/women. As for tax on pensions it was notm so bad when we got tax relief on our contributions but then we had Gordon Brown a name which is now used for the description of anything dodgey in accounts  by auditors ///////

Your posting is politically illiterate junk.
Ivanhoe you should think before you make comments like that See to-days  political news or should I say I told you so; perhaps a short course in basic economics might help you?