State Pension Tax.

[Raven]

Don't you just love this new Labour Government?.......NOT.
Taxing the State Pension is a big NO NO.......IMO.
Some are to lose it altogether if they have a big private pension as well.. 

https://www.express.co.uk/news/politics/1925146/state-pension-labour-tax

https://pensionsandsavings.com/cost-cutting-can-be-achieved-without-state-pension-cuts-or-raising-state-pension-age/

[JBR]

Don't you just love this new Labour Government?.......NOT.
Taxing the State Pension is a big NO NO.......IMO.
Some are to lose it altogether if they have a big private pension as well.. 

https://www.express.co.uk/news/politics/1925146/state-pension-labour-tax

https://pensionsandsavings.com/cost-cutting-can-be-achieved-without-state-pension-cuts-or-raising-state-pension-age/

The one good outcome of this, and other such bright ideas, is that next time hopefully people will have learnt not to vote for Labour.  Like a leopard, it never changes its spots.

Granted, they haven't been in power for long, but I can't see anything yet that has improved life for us honest, hard-working people.

[klondike]

They probably figure that most pensioners know them of old and won't vote for them anyway.

Nobody cares too much about tax rises they don't have to pay. Of course not raising the tax threshold hits anybody with an income exceeding the bare minimum and I suspect that any pensioners with anything over an extremely small private pension will already be paying tax anyway.

The thing I heard mooted which would really hack me off is making the state pension means tested. I doubt that they will though as it would surely hack off far too many people.

[Raven]

It makes my blood boil when they try to pass the pension off as a benefit. It's nothing of the kind, we paid into it and are intitled to it.
This IMO is to try and convince the younger generations that we are scrounging and they are paying to give it to us. They love turning the generations against each other.

[JBR]

They probably figure that most pensioners know them of old and won't vote for them anyway.

Nobody cares too much about tax rises they don't have to pay. Of course not raising the tax threshold hits anybody with an income exceeding the bare minimum and I suspect that any pensioners with anything over an extremely small private pension will already be paying tax anyway.

The thing I heard mooted which would really hack me off is making the state pension means tested. I doubt that they will though as it would surely hack off far too many people.

I'm thinking of the young intentionally unemployed who feel it unnecessary to work when they can get benefits at the drop of a hat.  Such people are the same ones who would prefer to go out protesting and waving 'Palestine' flags.  Of course, they are unable to realise that their benefits can't last for ever when the government realises that it can't afford to pay them any more!

Yes of course, the inept government feels that it is easier to reduce pensions, but these thick youngsters probably haven't considered that they too will become old in a few years and will be looking forward to their own pensions which, of course, they have never paid for.

[GrannyMac]

I'm tired of seeing state pensions quoted as £12k plus.  That is based on the New State pension which came into being for people reaching state retirement age in 2016 and later.  Previously, the basic pension was considerably lower, and many older women who spent time at home, or in very low paid, part time work, won't even qualify for that.

And I agree with JBR, there should be no way anyone who can work should be able to avoid it long term.

[Alex]

The two tier pension angers me too.  I don't get a full state pension anyway as I didn't have enough contributions with 10 years missing.  I don't know much about how the pension system works, but it seems unfair to give a higher amount to some pensioners and not others, the older pensioners have been paying in for longer surely ?

[JBR]

The two tier pension angers me too.  I don't get a full state pension anyway as I didn't have enough contributions with 10 years missing.  I don't know much about how the pension system works, but it seems unfair to give a higher amount to some pensioners and not others, the older pensioners have been paying in for longer surely ?

I retired from full-time work at age 60, and receive a 'works pension' and the state pension.  I am 71.
Marge, however, retired at age 57 and receives a similar 'works pension' but no state pension as she is still only 62.
I have advised her to claim that she has sailed across the Channel, lost her passport, and has forgotten from which country she came originally.  I'm sure she'll be much better off if she does.