The Retirement Thread

[BoldonLad]

Seems to include all taxable earnings
so include State Pension and interest payments etc

but seems to be per household
so 2 people at one address and both get half

cutoff seems to be absolute - so 34999 and your OK - 35001 and your not - dunno about exactly 35000

There should be a fuller explanation out tomorrow I suppose - plu sthe people who study this sort fo thing will have had time to look at it by then
e.g. Martin Lewis, Age UK etc etc

There is a tax free interest allowance, not sure what it is (£1000pa I think).

In the stuff I have read (BBC Website), the allowance is given as £200 or £300 per household, no explanation as to what qualifies you for £300 vs £200. However, before the WFA was means tested, by Rachel Reeves, we were getting £200 EACH, ie £400 per household (at that time, we were a household of two 76 year old State Pensioners, not entitled to Pension Credit)

 

[Dirk]

This government has really shot itself in the foot over this whole WFA fiasco.
Surprised Reeves is still in a job.

 

[Drago]

Night Johnboy.

 

[classic33]

Night Johnboy.

Night Mary Elle

 

[PeteXXX]

I'm working on the idea that the Chancellor hasn't got a clue what she's doing over WFA so we might get or we might not; possibly.

 

[rustybolts]

Morning , been shopping and my bum is better now

 

[numbnuts]

Morning , can't sleep

 

[Mo1959]

Morning , can't sleep

I tossed and turned all night too. It’s a pain in the a**e.

I’ll get out for a walk soon.

 

[Tenkaykev]

I'm awake too, I had a dream about having to race across the desert in Australia with only an apple and baguette for sustenance 🤔

 

[Mo1959]

I'm awake too, I had a dream about having to race across the desert in Australia with only an apple and baguette for sustenance 🤔

I could be doing with attempting that after what I ate yesterday!