[NWH]

Put it into a pension lol do you know what you need in a pension to make it worth having,I’m not taking about a poultry couple of hundred quid a week that by the time you come to draw it that won’t even cover your food and light bill you need silly money in a pension to be able join the big boys on a swivel chair and flat screen telly.
I should know this I’m very good friends with a bloke that used to sell them I don’t get chance to talk to him often most of the time he’s running from clients  he signed up years ago lol,pension wasn’t that just a fad a pension 🤣🤣.
Stick it under the bed you’ll do better show me someone that’s had a giant proportion of what they’ve scrimped and saved and deprived themselves of the finer things in life for decades for the privilege of knowing they are ok when they start to wet thereselves and are unaware whether they have £10 or £10.000.000 🤣🤣

[NWH]

When you can draw a so called pension life’s  over enjoy life while you can.

[AuRavelling79]

You seem to have no clue NWH. You can take pension at 55. You can take as much or as little of the pot as you want and when you want.

But of course a pension  becomes even more attractive when you are in the 40% tax bracket.

[Slacky]

[NWH]

You can take as much or as little if you want of you’re money 🤣,listen a bloke that sells you a pension is little more than a bookie.
If you live till you are 95 you are being compared to a horse that’s an outsider of 66-1 lol,for each 1 of them there’s 1000s that are dead and won’t see a fraction of what they’ve paid in.
Always makes me laugh when I hear someone say they are giving me my pension in a few years lol,ffs it’s you’re money we made more on a property  than we would have made in 15 years paying into a pension.

[NWH]

I’ve been with worse lol turn the camera lense round now can you 🐒

[Smudger]

So you can't give us an example then?

Darran

[NWH]

Nope I’m just a clueless window cleaner that knows nothing I’ve got 4 pensions all gonna give me 50 quid a week when I’m fit to do nothing,have no energy eat very little and have no big bills anyway lol.
You don’t think these pension company’s and investment brokers get up and go to work just to make you’re life easier do you week in week out 🤣,it’s called brainwashing it’s what you are told to believe if you listen long enough you will as they say believe you become a product of who and what surrounds you.

[KS Cleaning]

If they have then it should mirror their income therefore they won’t be getting a higher tax bill than usual will they.

No.

Right ok so you’ve sat on your arse for whatever reason for 3 months and claimed the grant if it’s less than you would have done when working you’ll pay less Tax,if you’ve been working and still taken the grant and been earning what you would normally it may tip you over.
Read above there’s one bloke that knows what I mean 🤣🤣 I think people are just thinking about claiming and not the repercussions of it if they are close to a different Tax bracket in 18 months 2 yers time.

[/color]Jeeez, you just don’t get it do you? What has being close to a different tax bracket in 18 months to 2 years time got to do with claiming the grant/grants during this financial year?

[NWH]

Thanks for that is that the Scotsman as well I’m glad I’ve got at least 2 people to point me in the right direction and 1 of em was quoting Scottish Tax law 🤣🪑

[Dave Willis]

Put it into a pension lol do you know what you need in a pension to make it worth having,I’m not taking about a poultry couple of hundred quid a week that by the time you come to draw it that won’t even cover your food and light bill you need silly money in a pension to be able join the big boys on a swivel chair and flat screen telly.
I should know this I’m very good friends with a bloke that used to sell them I don’t get chance to talk to him often most of the time he’s running from clients  he signed up years ago lol,pension wasn’t that just a fad a pension 🤣🤣.
Stick it under the bed you’ll do better show me someone that’s had a giant proportion of what they’ve scrimped and saved and deprived themselves of the finer things in life for decades for the privilege of knowing they are ok when they start to wet thereselves and are unaware whether they have £10 or £10.000.000 🤣🤣

How much does he sell them chairs for without the telly?

[KS Cleaning]

Thanks for that is that the Scotsman as well I’m glad I’ve got at least 2 people to point me in the right direction and 1 of em was quoting Scottish Tax law 🤣🪑

Wrong again! I didn’t  ‘quote’ anything. I mentioned there is a different tax system used in Scotland, which as a result increases the likelihood of being in the higher tax bracket as the threshold is over £6500 lower than it is in the rest of the UK. It also means that despite already being in the higher tax bracket, you can still be eligible for the grant/grants. Of course, most of this will just go ‘whoosh’ over your head as you don’t seem to have much of a clue on such matters😉

[G Griffin]

Put it into a pension lol do you know what you need in a pension to make it worth having,I’m not taking about a poultry couple of hundred quid a week that by the time you come to draw it that won’t even cover your food and light bill you need silly money in a pension to be able join the big boys on a swivel chair and flat screen telly.
I should know this I’m very good friends with a bloke that used to sell them I don’t get chance to talk to him often most of the time he’s running from clients  he signed up years ago lol,pension wasn’t that just a fad a pension 🤣🤣.
Stick it under the bed you’ll do better show me someone that’s had a giant proportion of what they’ve scrimped and saved and deprived themselves of the finer things in life for decades for the privilege of knowing they are ok when they start to wet thereselves and are unaware whether they have £10 or £10.000.000 🤣🤣

That's a very nice friend that you've got. Or has he gotten the shitty end of the stick?
I'll stick to my poultry pension and my nest egg being the pheasant that I am.

[pikeman]

I pay into a sipp. every £10000 i put in the government put £2500 in to top it up. You don't have to invest it you can hold as cash, i do investit though if i was on 40 per cent be even more of a no brainer.

[dazmond]

Who is calming the next grant in August?

I have just lost two more jobs today from Covid, but can still get by, will lose some more I am sure of it.

what would you do?

Gazza

2 jobs?how much have you lost?£20 a month?£40 a month?......its a drop in the ocean......all our rounds are built on shifting sand......

we lose and pick up jobs every month......even when your very well established like me and you....nothing stays the same.....

do you use round software?have a look at this time last year and see if your earnings are different.....mine only ever go one way and thats up and thats been the case for over 10 years now

[CleanClear]

I recieved a letter from HMRC about 2 days ago. They miscalculated my SEISS grant, it resulted in overpayment of a few hundred pounds. They are not going to activley seek to recoup the money, and it goes on to point out that it will all have to be declared on my next tax assesment (which i knew anyway) . I can't be the only one to get that letter, after all i done no calculating, they did ?

[GAZZA B]

That is why I have decided not to clam the second payment

[Ched]

Bottom line is if HMRC conducted a proper audit on you (business and personal bank accounts, cash bill payments etc) can you prove you lost money due to Covid?

If you can then claim if not don't claim, simple.

[Jonny 87]

Bottom line is if HMRC conducted a proper audit on you (business and personal bank accounts, cash bill payments etc) can you prove you lost money due to Covid?

If you can then claim if not don't claim, simple.

But loss of money doesn’t mean you qualify.

It’s “adversely effected”.

The wording is meant to be difficult I think. I’m just claiming it and sticking it away in a savings account.

I’ll spend it in 7 years if I’m still around.


 

Not actually sure if I’m gonna take it to be honest. Probably not.

[zesty]

Think I’ll take it, straight Into savings.
 
Was still genuinely adversely effected in June and July, and arguably still am now, albeit only about £70 a month down.