To be annoyed pensioners effectively now get a bigger personal allowance

[FlightBeforeXmas]

So because of the fiscal drag from not increasing personal allowances the chancellor has announced basic state pension will not be taxable.
So if you earn this amount you pay tax on it despite having the extra costs of working.
Pensioners are also much more like to own their homes.
How on earth does this make any sense?

No at the moment the tax is taken from your other income so if you only have SRP you aren't on a PAYE system.so the way they would presumably do it is to say all pensioners have to start doing self assessment which would introduce more work.

Oh do me a favour. You’re the most protected generation in history. My generation are facing the biggest tax burden in history to pay for you.

Here we have "should have saved more" and yet also umpteen threads lately with "these greedy old people are sitting on their savings/ hoarding money instead of providing handouts to younger people, adult children, grandchildren, etc."

Nothing the senior generations do will please the whining generations.

The work is done by the PAYE system where your income comes from.

You can at least get another job or expect to earn more in the future.

Oh how silly you sound.

I’m a pensioner. I agree - there are too many concessions for us at the expense of families and those trying to build a secure future for themselves. Non-means-tested winter fuel allowance, the ISA exemption, the increase in our pensions. It’s not fair.

(I get the tax exemption if you’re only getting state pension - I’m guessing collecting the tax for those would be far more expensive than the £ raised).

I think you’ll find the entitlement makes you sound incredibly silly. Or just selfish.

I am more annoyed about the people with a British passport getting double pensions in Spain or Pakistan, or here, than the British here getting one state pension.

I’m not a pensioner, I’m just laughing at you and your frothing.

Then save more when you’re younger. Stop with the lattes and the avocado on toast. Live without any joy or luxury.

It depends on their income and assets. Pensioners are some of the richest people in the country. Despite being one myself, (only just though and not poor or rich) ) it makes me very angry they are so protected whilst younger people on low incomes struggle to pay mortgages, the costs of working, utilities etc and pay tax to support us older people.

Nobody expects not to pay tax. You seem to be incapable of understanding that the same tax rules apply regardless of age.

God forbid a young person who’s having her future robbed from her to protect pensioners is angry?

well if you want to get rid of state pensions you just carry on complaining - you may live to regret it.

They quite literally do not anymore.

I thought it was just those pensioners that only had state pension so people like me will still have tax taken via private pension as they can take tax from the state pension through that. I don't think HMRC have any mechanism to easily take tax from only state pension as they can't use PAYE. I may have misunderstood though as it was only briefly mentioned.

No!

So to be totally fair and balanced, the personal allowance for everyone should be raised to account for that extra £291 that pensioners will get at that stage.

I can get on board with that, but I can't really get on board with the spirit of your complaint, if that makes any sense

Of all the things to be annoyed by in the budget, that doesn't seem like a big deal.

Such a funny but dim comment

I do not understand your hostility. And I will report you for being so rude and swearing directly at me.

I think you misunderstand what I tried to say. No-one (through income or through pension) pays tax on money less than £12,500.

I have a small private pension, and I pay tax on that. I am 100% fine with that. I would rather have that additional pension AND PAY TAX ON ALL OF IT than try to survive on only the state pension.

Is that OK with you? I am not, and never had, tried to or wanted to 'get away without paying tax'.

They quite literally do.

So less than £4 a month. Fuck off with that. How many kids have you got that everybody is paying for? Breakfast clubs, free dinners and child benefit.

What a lovely attitude from the generation bleeding the country dry.

And not forgetting retaining their cash ISA allowance.