Re: Here comes the tax rises
 

When does the Barnett Formula get applied. Starmer & co giving out large pay rises in England, which should feed through to extra money for
Scotland, Wales, and NI. Do they have to wait until next April?
Not a fan of the Barnett Formula, but it would be unfair to have to wait that long.

Re: Here comes the tax rises
 

Posts removed. This is not another blame everything on Brexit topic.
If you want to winge about that (again) there are dedicated topics for it.

Re: Here comes the tax rises
 

Makes sense.

Combat the policies of the pensioner hating nasty party

Re: Here comes the tax rises
 

The air fares to France and fees to the gangs would cost more than the Winter fuel allowance that will not be awarded to better-off pensioners this year!

Re: Here comes the tax rises
 

https://www.independent.co.uk/news/u...-b2609340.html

If you're going to do something, that you know, by your own fact finding report, is going to kill people...............would you be, potentially criminally, liable for those deaths?

Re: Here comes the tax rises
 

The small chink of light at the end of the tunnel is ,IFyou survive the winter and don't sucumb to hypothermia there's a pension rise due in april of next year.

Re: Here comes the tax rises
 

I was being cheeky, just highlighting the absolute rank hypocrisy of our Dear Leader.

Re: Here comes the tax rises
 

The 1 in 4 pensioners that are millionaires, will struggle without this £200 payment. I feel for them.....

Basing it on council tax band wouldn't be a bad idea with only the lowest bands qualifying. It needs to be targeted instead of throwing it at those that will just buy a new patio heater.

Re: Here comes the tax rises
 

Postpone it a year. See if there is a way to target it better in that time and if not then you'll have another year of triple-lock anyway. It also gives people more notice and hope that energy prices have come down, which they are predicted to do anyway as this coming increase is lower than it was this time last year.

Re: Here comes the tax rises
 

Millionaires as in assets, or disposable income?

If you are retired, with a house worth £500k, and a pension pot of £500k (which gives an annuity of £23k per year), that makes the household worth a million, but pretty sure they are not living a "millionaire's" lifestyle...

Btw, I do agree with you that it needs to be more targeted.

Re: Here comes the tax rises
 

They always have the option to downsize to release a lot of capital. Rattling around in a big house with empty bedrooms, with high heating bills makes no sense. There's enough young families out there needing such property.

Re: Here comes the tax rises
 

Not as easy as you think - where we live, 3 bed bungalows cost as much as 4 bed detached houses (because developers can build a 4/5 bed house on the bungalow’s footprint).

We need 3 beds because we have family who live all over the country, and they visit most months.

Like most things, it’s not that simple…

Re: Here comes the tax rises
 

Hes just trolling again, ignore him.

Re: Here comes the tax rises
 

So you reckon there are 3.25Million people of pensionable age in the U.K. that are millionaires?

Which is 400,000 more millionaires that exist in the country of any age.

If you’re going to spout bollocks to make a point, try harder.

---------- Post added at 17:26 ---------- Previous post was at 17:24 ----------

No, the nasty party will tax house sales……..it’s coming.

Re: Here comes the tax rises
 

I assume hes basing it off a similar claim made in 2021.

https://fullfact.org/economy/millionaire-pensioners/

Most are not really 'millionaires' in the sense its normally referred to.