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Old 23-10-2023, 15:03   #1149
Ms NTL
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Join Date: Sep 2022
Posts: 678
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Re: The Chronicles of Rishi

The incompetence of this government :

* if you make £125,000 or more you lose your tax free allowance (the first £12,570)

Hunt announced that ( for every two quid you make above 100K you lose £1 of your tax allowance ). A complicated way to say: we are getting your allowance.

* But when you get your state pension, this is also taken from your tax free allowance.

What???? The allowance is already gone!

The tax people do not know what to do. "to be reviewed next April" and you get an X (not twitter) in your tax code!
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