Non-motoring > Budget Miscellaneous
Thread Author: sooty123 Replies: 46
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New Wed 15 Mar 23 14:08 
 Budget - Manatee
>>There it's an annual limit, now being abolished. Lifetime limit remains.

T'other way round. LTA abolished, annual allowance up from £40k to £60k. That should fix it for the NHS consultants, and incidentally the very well off generally. Can't see a wheeze there for the super-rich at the moment but there will probably be 'unintended' consequences of totally removing the LTA.

What I always thought would be fairer would be to impute higher rate tax relief to contributions by lower rate taxpayers.

HR payers can shove money into pensions with 40% relief, and if they limit their drawdown they can get it back out later 25% tax free and with only lower rate tax on the rest. I am certainly doing the second part of that, having shoved the maximum into a SIPP in my last few years of working. Tough on the lower paid who only benefit much from the tax free lump sum.
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 Budget new sooty123 15 Mar 23 07:18
 Budget new Boxsterboy 15 Mar 23 08:17
 Budget new Manatee 15 Mar 23 09:21
 Budget new Boxsterboy 15 Mar 23 08:17
 Budget new Bromptonaut 15 Mar 23 08:40
 Budget new smokie 15 Mar 23 09:23
 Budget new CGNorwich 15 Mar 23 10:17
 Budget new smokie 15 Mar 23 10:58
 Budget new CGNorwich 15 Mar 23 13:33
 Budget new Manatee 15 Mar 23 14:08
 Budget - How Words Shift new Bromptonaut 15 Mar 23 11:07
 Budget - How Words Shift new Manatee 15 Mar 23 13:25
 Budget - How Words Shift new smokie 15 Mar 23 14:44
 Budget - How Words Shift new Zero 15 Mar 23 16:46
 Budget - How Words Shift new Manatee 15 Mar 23 17:03
 Budget - How Words Shift new Duncan 15 Mar 23 17:44
 Budget - How Words Shift new Bobby 15 Mar 23 17:18
 Budget - How Words Shift new CGNorwich 15 Mar 23 17:32
 Budget - How Words Shift new Zero 15 Mar 23 18:01
 Budget - How Words Shift new Manatee 15 Mar 23 17:08
 Budget new sooty123 15 Mar 23 17:24
 Budget new CGNorwich 15 Mar 23 17:48
 Budget new smokie 15 Mar 23 18:23
 Budget new sooty123 15 Mar 23 18:41
 Budget new Manatee 15 Mar 23 18:51
 Budget new sooty123 16 Mar 23 06:31
 Budget new smokie 15 Mar 23 19:14
 Budget new smokie 16 Mar 23 10:11
 Budget new Terry 15 Mar 23 18:56
 Budget new Bobby 15 Mar 23 20:20
 Budget new Manatee 15 Mar 23 21:04
 Budget new smokie 15 Mar 23 21:07
 Budget new Manatee 15 Mar 23 22:08
 Budget new smokie 15 Mar 23 23:46
 Budget new Bromptonaut 15 Mar 23 20:50
 Budget new Terry 16 Mar 23 01:21
 Budget new Rudedog 16 Mar 23 07:47
 Budget new smokie 16 Mar 23 09:22
 Budget new sooty123 16 Mar 23 10:07
 Budget new Manatee 16 Mar 23 14:40
 Budget new sooty123 16 Mar 23 10:08
 Budget new Rudedog 16 Mar 23 11:53
 Budget new sooty123 16 Mar 23 12:31
 Budget new smokie 16 Mar 23 14:31
 Budget new sooty123 16 Mar 23 16:26
 Budget new smokie 16 Mar 23 14:33
 Budget new Bromptonaut 16 Mar 23 16:39
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