Welcome to OOF
CPI is 3.6%, cash ISAs paying over 4% are easy to find.
Better off spending any cash in ISAs now, can't see any point in being the richest guy in the cemetery.
Not to mention that if its in a cash ISA its likely not anywhere near keeping up with inflation, so its buying power will probably be shrinking quite dramatically with each year that goes by.
Not enough for defence. 2.6 % GDP so a soft budget. You got off lightly.We can't spend money on defence and take 500,000 children out of poverty. The wánker Starmer was getting all emotional about these children on the news at lunchtime. Playing to his back benchers again.
Weren”t NATO members supposed to up spending to a target of 5%, as per Trumpy?
( buy shares in drone building companies)
Everyone's circumstances are different. My wife still, officially, has 12 years to go until retirement. She won't wait that long, of course.State pensioners, like me, have already had a £200 winter fuel allowance and will get about £550 next April. There's nothing to moan about there. Also, over 65's get to keep their full £20,000 tax free isa allowance..
Anyone who complains about the reduction to £12,000 from April 2027....well....you can hardly claim poverty if you can afford to save that much.
Better off spending any cash in ISAs now, can't see any point in being the richest guy in the cemetery.
They'd notice it, but they won't get it, because their house isn't worth £2million8 nights at home every month and away for Christmas and New Year. Still easier than being at home without the pooch.That would involve being at homeRight, never thought of that. It's a hard life, jetting off all over the world.
The thing with the houses, bro and sil bought a house for about £500k with her parents in 2009. Now worth near emo £1.5m. They both pay higher tax rates, but they don't earn 6 figures. Just a normal couple that got lucky with the market and circumstance. They'd notice a £4,500 bill. As would alot of other people in similar circumstances
That would involve being at homeRight, never thought of that. It's a hard life, jetting off all over the world.
Why watch sky news on YouTube? Just watch sky newsIt's from Sky News yesterday, hardly a YouTube explanationOnly £4,500I'm not interested in YouTube explanations. £4500 I'd not that much if you own a £2 million house, and it's less than you spent upgrading your merc.
Part of our pay deal was a profit share, potentially this will push some people over the the lower bracket limits or if it goes into pension pots, as is an option, then it will trigger the NI on pension contributions. Personally, that's £1,200 a year, but anything over £800 from the profit share will cause this to happen.
Ok, I am fortunate in that a reasonable chunk of my pay currently doesn't attract tax, but that amount varies each month.
It might seem like a bit here or there, but it's on top of everything that's already taken.
This helps to explain just how incompetent Rachael from Accounts actually is...
https://youtu.be/DENkFzTmyiY?si=xSrCU2YdvNNkxzSF
If I had a £illion.pound house, not that that buys much nowadays down South, I wouldn't have the spare to.piss around with the car.
Im in a salary sacrifice pension scheme.You're minted, Albs, it's common knowledge
Im a state pensioner who is still working. The fiscal drag of tax allowances remaining unchanged mean I effectively pay 20% tax on my state pension, and inflation will eat into my standard of living.
One of the reasons Im still working is that Gordon Brown hammered those of us who were responsible enough to pay into private pensions out of our wages at the time.
There should be a law against Labour being in charge of the countries finances, even if they are in Government.
Bloody hell!Not at all, Tigger, but I'm not jumping on the 'we're all skint' bandwagon, when we patently aren't. I hate seeing money spent on asylum seekers and work shy bastards as much as the next man, but I wouldn't swap places with them.Uncle STEMO's become a socialist!
Only £4,500I'm not interested in YouTube explanations. £4500 I'd not that much if you own a £2 million house, and it's less than you spent upgrading your merc.
Part of our pay deal was a profit share, potentially this will push some people over the the lower bracket limits or if it goes into pension pots, as is an option, then it will trigger the NI on pension contributions. Personally, that's £1,200 a year, but anything over £800 from the profit share will cause this to happen.
Ok, I am fortunate in that a reasonable chunk of my pay currently doesn't attract tax, but that amount varies each month.
It might seem like a bit here or there, but it's on top of everything that's already taken.
This helps to explain just how incompetent Rachael from Accounts actually is...
https://youtu.be/DENkFzTmyiY?si=xSrCU2YdvNNkxzSF
Ah, I think your right.I'm always right, and you know it
Makes a change.
