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News:

Please play nicely.  No one wants to listen/read a keyboard warriors rants....

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 21 
 on: 29 August 2025, 23:49:34 
Started by STEMO - Last post by Raeturbo
Nice job for you Steve? :o🤣🤣

 22 
 on: 29 August 2025, 23:48:03 
Started by STEMO - Last post by Raeturbo
Strange how the chosen few are dictating what the hell they want and getting away with it despite the views, wants, needs, and  demands even of the massive majority. There’s got to be more to it…. Aliens maybe????😱👀

 23 
 on: 29 August 2025, 23:41:49 
Started by Terbs - Last post by tunnie
From my research it's actually be advisable not to take the 25% - I'm in a simple world with just a single pension pot.

Huh? Why? It makes no difference when you take the 25% tax free. It's always tax free (well unless/until the chancellor changes the rules). I'm yet to hear a convincing reason NOT to take the full 25% TFLS from defined contribution pots.

The argument is different for defined benefit (aka DB/Final Salary) pots, because you usually have to commute some of the annual income in exchange for a lump sum. In those instances you have to work out the commutation rate. Would you prefer £10K p/a for life or £8K p/a for life and a £25K lump sum?

What I've read is that 25% is for the life of your pension, you don't need to take it in one go.

40% threshold is ~£50k

So pay yourself ~£49k from your pension pots (paying ~20% tax)

Then top up your income from your 25% tax free lump sump, say £15k over the course of the year.

So you get a £65k pension and only pay 20% tax.

You only ever pay 20% tax and over the course of your entire pension that would save far more.

 24 
 on: 29 August 2025, 23:37:33 
Started by STEMO - Last post by ronnyd
Sky News and a few of the National dailies managed to.

 25 
 on: 29 August 2025, 23:36:40 
Started by STEMO - Last post by Raeturbo
Thankfully, GB news had the bollo(ks to bring it to attention 👍

 26 
 on: 29 August 2025, 23:34:09 
Started by tunnie - Last post by tunnie
Won't be getting one this year now, as Little MissT has a seat on the school coach. Which I can walk her to, if I'm working from home and drop her a stop further down on office days on my usual work route. Only down side is I'll be £145/m lighter now.  :(

Although I maybe back soon looking at these depending what the government do around tax and pensions.

 27 
 on: 29 August 2025, 23:15:24 
Started by Field Marshal Dr. Opti - Last post by Sir Tigger KC
Have you got your VPN on?

 28 
 on: 29 August 2025, 21:51:48 
Started by STEMO - Last post by Migv6 le Frog Fan
Highly unlikely that any of the mainsream media will mention it.  :(

 29 
 on: 29 August 2025, 21:43:48 
Started by STEMO - Last post by ronnyd
Surprise surprise ! The court of appeal has found in favour of the Home Office.
The Judge was the Treasurer of the Society of Labour Lawyers.
So much for our independent Judiciary.  >:(
https://order-order.com/2025/08/29/judge-who-ruled-in-favour-of-home-office-was-treasurer-at-society-of-labour-lawyers/
No surprise that the BBC report failed to mention his Labour connection.  ::)

 30 
 on: 29 August 2025, 21:21:59 
Started by Field Marshal Dr. Opti - Last post by ronnyd
Perhaps they're trying to tell you something?  ;)

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