pikestaff
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Post by pikestaff on Jan 27, 2023 17:00:10 GMT
could be interesting round here, Welsh Valleys, many of the older folk don't have a driving licence, never been abroad, wondering if the Welsh Bus pass which has a photo on counts, although it was very easy to get one, because that is the nearest to photo id many would have. Yes, even the welsh one  , and even if it's out of date, "as long as it looks like you". www.electoralcommission.org.uk/i-am-a/voter/voter-id/accepted-forms-photo-id
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rscal
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Post by rscal on Jan 27, 2023 18:51:39 GMT
Lib Dems to promise a penny on income tax to pay for [insert current thing] I suppose.
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Mike
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Post by Mike on Jan 28, 2023 11:16:47 GMT
could be interesting round here, Welsh Valleys, many of the older folk don't have a driving licence, never been abroad, wondering if the Welsh Bus pass which has a photo on counts, although it was very easy to get one, because that is the nearest to photo id many would have. Older folk, the ones that are more likely to be conservative voters? Funnily enough they've been thought of I wonder why
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on Jan 28, 2023 15:33:56 GMT
could be interesting round here, Welsh Valleys, many of the older folk don't have a driving licence, never been abroad, wondering if the Welsh Bus pass which has a photo on counts, although it was very easy to get one, because that is the nearest to photo id many would have. Older folk, the ones that are more likely to be conservative voters? Funnily enough they've been thought of I wonder why Jeez not here "up the Valleys" Labour till they die. 2019 was a bad result for Labour they only got 49% of the vote ! ( still more than twice as many as anyone else )
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keitha
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Post by keitha on Jan 28, 2023 19:21:48 GMT
To be honest I’m not sure anyone wants to win the next election.
Given the state of finances I believe we are in for a generation ( 15-20 years ) of austerity.
We all know the costs of furlough etc have to be paid back.
Despite what I hear locally that Labour would increase benefits by 60-80% I know that that sort of increase is unaffordable.
One thing I believe that needs to be addressed is pensions, anyone with a personal pension of just over £40 a week will fall into tax.
So I would suggest that the starting point for tax be raised to £15,000 this would take many pensioners and low earners out of tax.
In order to pay for this I believe in raising the basic rate of income tax to 21p, I believe the break even point would be about £33,000. This is around average income .
I would also lengthen the taper at which the tax free allowance is reduced by a factor of 3 or 4. I would also change the taper on benefits to 33%
Now for the controversial bit NI I believe NI should be paid at full (12%) rate on all earnings, and I believe it should also start to be paid on Pensions once the pension hits £25,000
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jonno
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nil satis nisi optimum
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Post by jonno on Jan 29, 2023 9:52:36 GMT
To be honest I’m not sure anyone wants to win the next election. Given the state of finances I believe we are in for a generation ( 15-20 years ) of austerity. We all know the costs of furlough etc have to be paid back. Despite what I hear locally that Labour would increase benefits by 60-80% I know that that sort of increase is unaffordable. One thing I believe that needs to be addressed is pensions, anyone with a personal pension of just over £40 a week will fall into tax. So I would suggest that the starting point for tax be raised to £15,000 this would take many pensioners and low earners out of tax. In order to pay for this I believe in raising the basic rate of income tax to 21p, I believe the break even point would be about £33,000. This is around average income . I would also lengthen the taper at which the tax free allowance is reduced by a factor of 3 or 4. I would also change the taper on benefits to 33% Now for the controversial bit NI I believe NI should be paid at full (12%) rate on all earnings, and I believe it should also start to be paid on Pensions once the pension hits £25,000 Right!! That's it!!...........'cos of that last bit I'm NOT voting for you 
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adrianc
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Post by adrianc on Jan 29, 2023 10:12:08 GMT
So I would suggest that the starting point for tax be raised to £15,000 this would take many pensioners and low earners out of tax. Not a huge increase - it's £12,570 now. Moving it to £15k will save just £486/person for everybody in that 20% <£50k basic rate band. State pension (£9,627) aside, full time national living minimum wage for a 37.5hr week is £20,319 from April. Of that, assuming no changes to allowance, £1,550 goes in tax. Your £15k threshold reduces that to £1,063. Why not be a bit more ambitious, and bring the allowance nearer - or even slightly over - FT N LMW? That can be balanced by increasing the rate slightly, so that the total take balances out and the average earner pays the same - the extra will fall on those who earn more than average.
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keitha
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Post by keitha on Jan 29, 2023 10:43:40 GMT
So I would suggest that the starting point for tax be raised to £15,000 this would take many pensioners and low earners out of tax. Not a huge increase - it's £12,570 now. Moving it to £15k will save just £486/person for everybody in that 20% <£50k basic rate band. State pension (£9,627) aside, full time national living minimum wage for a 37.5hr week is £20,319 from April. Of that, assuming no changes to allowance, £1,550 goes in tax. Your £15k threshold reduces that to £1,063. Why not be a bit more ambitious, and bring the allowance nearer - or even slightly over - FT N LMW? That can be balanced by increasing the rate slightly, so that the total take balances out and the average earner pays the same - the extra will fall on those who earn more than average. that seems sensible and I would agree with you, so a coalition is formed.
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adrianc
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Post by adrianc on Jan 29, 2023 10:53:58 GMT
I think jonno is going to hate me, too, because I agree about removing the NI upper cap - and I don't see why pension income should be taxed any differently to any other income. |
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jo
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dead
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Post by jo on Jan 29, 2023 10:59:13 GMT
Can the Tories recover? ... or are we heading for another 2010 type coalition... maybe with the the reform party... or OUT AND OUT LABOUR?  If Starmer has half a brain (jury's out on that), he'll pull a Biden and take to a basement somewhere - keeping his pie-hole well and truly shut for the next 2 years. If he does that, he can't lose.
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jonno
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nil satis nisi optimum
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Post by jonno on Jan 29, 2023 11:00:00 GMT
I think jonno is going to hate me, too, because I agree about removing the NI upper cap - and I don't see why pension income should be taxed any differently to any other income. I could never hate you Adrian, but put it this way, I don't think I'll be joining your coalition any time soon.
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adrianc
Member of DD Central
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Post by adrianc on Jan 29, 2023 11:08:12 GMT
I think jonno is going to hate me, too, because I agree about removing the NI upper cap - and I don't see why pension income should be taxed any differently to any other income. I could never hate you Adrian, but put it this way, I don't think I'll be joining your coalition any time soon. So sell the cap to me, and sell pension income being somehow different to any other income me...?
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Post by bernythedolt on Jan 29, 2023 13:12:31 GMT
I think jonno is going to hate me, too, because I agree about removing the NI upper cap - and I don't see why pension income should be taxed any differently to any other income. Given state pension is just one of several state welfare benefits, wouldn't it logically follow that NI (and, for that matter, tax too) should be levied on all state welfare benefits? Why should pensioners be singled out?
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adrianc
Member of DD Central
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Post by adrianc on Jan 29, 2023 13:28:12 GMT
I think jonno is going to hate me, too, because I agree about removing the NI upper cap - and I don't see why pension income should be taxed any differently to any other income. Given state pension is just one of several state welfare benefits, wouldn't it logically follow that NI (and, for that matter, tax too) should be levied on all state welfare benefits? Why should pensioners be singled out? Most (if not all) working-age benefits are means-tested, so don't get paid to people with significant other incomes.
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Post by bernythedolt on Jan 29, 2023 13:41:44 GMT
Given state pension is just one of several state welfare benefits, wouldn't it logically follow that NI (and, for that matter, tax too) should be levied on all state welfare benefits? Why should pensioners be singled out? Most (if not all) working-age benefits are means-tested, so don't get paid to people with significant other incomes. But if the benefit exceeds the personal tax allowance, as many do, logically shouldn't they be taxed... and subject to NI if pensioners are being considered for that? What's good for pensioners is surely good for all?
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, and even if it's out of date, "as long as it looks like you".
