To think we shouldn’t have to contribute to soch if we don’t intend to use it?

[slozenger]

For example, I don’t want a state pension - so I should surely be able to opt out of soch based contributions percentage. And just pay a lesser amount to cover anything I do take advantage of.

Hmmmm

Lolllll

Try and read it again.

Genuinely, having been momentarily grumpy paying quite a massive tax bill today (I just call it tax, call me modern I know) this has properly cheered me up. Noone so clueless as she who thinks she's got all the answers eh.

Treat yourself with your child benefit money .

With 0 kids. Nice one!!!

No, because "soc" would be pronounced "sock".

Well you wouldn't self treat someone else...

Keep digging OP.

Not if you know the word you’re reading.

Yes and your pension scheme goes bust and you starve? Or you have an emergency and need A and E are you going to bleed to death on the pavement or whatever? The state provides a safety net which we all hope we don't actually need.

'Soch' is in the Scottish dialect, its used as an exclamation for when you find out how much of your tax went on keeping pensioners alive

Well wouldn’t we all.

You've misread me. It's not earning over 17k. It's paying over 17k worth of taxes per year, per person in your household.

With the greatest of kindness, it might be time to try some alternative input

Atleast you have common sense. My mind is
blown by those who are parentifying themselves into unknowing babies on the thread so they can gasp at new words and pretend they’re surprised.

You really don't understand how it works.
What if your private pension fails? As has happened to many people over the years. Should we let you starve?
Stating you won't use the NHS highlights that you don't understand how healthcare works in this country
Try rocking up a a BUPA a&e after a car crash needing entry into their ICU

😂🤣

Well that would be most people then

Didn't you read the previous comment?

Op treats themselves rather than go to A&E (visions of them sitting there with a sewing kit and bottle of tcp)

But no-one knows that the word "soc" is supposed to be pronounced "soesh".

Asking the big questions 😂

My grandparents were from the north & referred to the "social" but it meant benefits, eg "on the social" meant receiving unemployed benefits. I've never heard it referred to in relation to national insurance or pensions (that was stamps or "your stamp"). Social security is a more American phrase.

You are being rather individualistic. Your obligation to contribute national insurance is separate to your entitlement to receive pensions. You are paying in because its a form of taxation, its redistributive, its moving money from those who have it to those who don't. If everyone opted out the elderly and vulnerable & low paid would starve, and then who would serve you in shops & restaurants and wipe your arse in a care home?

£17k in tax. So that’s about £75k per year.

Net contributor not just a tax payer. i.e. someone who pays in more than they take out. Most people are net recipients. And then there are some of us who contribute disproportionately large amounts. Some of us even consider this a position of privilege because being a net contributor means you are earning enough to not need to take any benefits out.

Well I am already earning more than that. So I am a net contributor. TOUcHE

So why couldn’t you have said that originally when asked instead of being a knob!

Pay over 17k in taxes, not earn over 17k