Now a 55% tax on your funeral!!! Couldnt make it up!!!
#1
Scooby Regular
Thread Starter
Join Date: Sep 2003
Location: Scoobynet
Posts: 5,387
Likes: 0
Received 0 Likes
on
0 Posts
Now a 55% tax on your funeral!!! Couldnt make it up!!!
http://www.thisismoney.co.uk/retirem...page_id=6&ct=5
This is getting silly!! When you die your pension fund releases a lump sum to pay for your funeral - from next April thats going to be hit with a new 55% TAX!!!
So may leave surviving relatives having to pay for some of the funeral costs as the tax has taken so much out!!
So you earn the money, pay tax on it, pay into a pension, pay tax on THAT, the pension pays out and you pay tax on THAT too!!!!
This is getting silly!! When you die your pension fund releases a lump sum to pay for your funeral - from next April thats going to be hit with a new 55% TAX!!!
So may leave surviving relatives having to pay for some of the funeral costs as the tax has taken so much out!!
So you earn the money, pay tax on it, pay into a pension, pay tax on THAT, the pension pays out and you pay tax on THAT too!!!!
#6
Scooby Regular
Thread Starter
Join Date: Sep 2003
Location: Scoobynet
Posts: 5,387
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by _Meridian_
You read this bit, right:
Who do you know who spends 1.5 million on a funeral? And for that matter, how many people here will be affected?
M
Who do you know who spends 1.5 million on a funeral? And for that matter, how many people here will be affected?
M
#7
Scooby Regular
Join Date: Feb 2005
Location: Derbyshire
Posts: 12,304
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by _Meridian_
You read this bit, right:
Who do you know who spends 1.5 million on a funeral? And for that matter, how many people here will be affected?
M
Although the new tax will apply initially only to those who have a pension fund worth more than £1.5m
M
Trending Topics
#8
Scooby Regular
Here we go ............. idiots with half the story
Anyway ..... you are dead ........ why worry??????????
I would support any scheme that took every penny off you when you die - that way everyone has the same start in life - with NOWT!!
At the end of the day, it's the governments money .......... when you are paid it, when you spend it, when you live, when you die - just give it all back!!
Dear me .............. whats the problem with you lot??
Pete
Anyway ..... you are dead ........ why worry??????????
I would support any scheme that took every penny off you when you die - that way everyone has the same start in life - with NOWT!!
At the end of the day, it's the governments money .......... when you are paid it, when you spend it, when you live, when you die - just give it all back!!
Dear me .............. whats the problem with you lot??
Pete
#9
Scooby Regular
iTrader: (2)
At the end of the day, it's the governments money .......... when you are paid it, when you spend it, when you live, when you die - just give it all back!!
HOW many tax increases since 1997 at the last count, Pete?
Alcazar
#10
Originally Posted by alcazar
HOW many tax increases since 1997 at the last count
#11
Scooby Regular
Join Date: Oct 2001
Location: North Yorks, MY03 PPP, now run a Mondeo ST TDCI 06
Posts: 1,032
Likes: 0
Received 0 Likes
on
0 Posts
PSL actually lives in a mental institution, therefore he cannot be responsible for the crap he spouts.
He's just a wind up merchant.......
He's just a wind up merchant.......
#13
Scooby Regular
Join Date: Sep 2001
Location: A powerslide near you
Posts: 10,261
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by pslewis
At the end of the day, it's the governments money .......... when you are paid it, when you spend it, when you live, when you die - just give it all back!!
#14
Scooby Regular
Thread Starter
Join Date: Sep 2003
Location: Scoobynet
Posts: 5,387
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by pslewis
Anyway ..... you are dead ........ why worry??????????
That doesnt cover your funeral costs, but so your surviving relatives are left to foot the bill for any remainder.... but hey, **** it, your dead so who cares about the sodding relatives....
Attitude of a true NL follower
#15
Money is a measure of the real work that is done in a society. It is absolute balderdash to say that it all belongs to the Government. You have earned it personally less all the stealth taxes we now pay and therefore what is left belongs to you completely.
It is becoming more and more apparent that the economy has been wrecked by this inept bunch over the time they have been in government. They have been living on borrowed time and money and it will shortly become evident even to a ***** who is so blinkered that he cannot see what is really happening, or even if he could is too dishonest to admit it!
Yes we all have to pay tax so that society can be administered by the Goverment, but what is happening now is incredible. Doublespeak is King and Orwell was right all along!
Les
It is becoming more and more apparent that the economy has been wrecked by this inept bunch over the time they have been in government. They have been living on borrowed time and money and it will shortly become evident even to a ***** who is so blinkered that he cannot see what is really happening, or even if he could is too dishonest to admit it!
Yes we all have to pay tax so that society can be administered by the Goverment, but what is happening now is incredible. Doublespeak is King and Orwell was right all along!
Les
#16
Originally Posted by _Meridian_
You read this bit, right:
Who do you know who spends 1.5 million on a funeral? And for that matter, how many people here will be affected?
M
Who do you know who spends 1.5 million on a funeral? And for that matter, how many people here will be affected?
M
#17
Scooby Regular
Join Date: Sep 2002
Location: The biosphere
Posts: 7,824
Likes: 0
Received 0 Likes
on
0 Posts
I'll be putting a sum aside to go behind a bar somewhere for the wailing relatives... my rotting corpse will either be buried at sea in international waters or mailed to number 10 depending on who is in power at the time!
#18
Originally Posted by ajm
I'll be putting a sum aside to go behind a bar somewhere for the wailing relatives... my rotting corpse will either be buried at sea in international waters or mailed to number 10 depending on who is in power at the time!
#19
Originally Posted by ajm
I'll be putting a sum aside to go behind a bar somewhere for the wailing relatives... my rotting corpse will either be buried at sea in international waters or mailed to number 10 depending on who is in power at the time!
#21
Scooby Regular
Just have a cheap funeral and give the surplus to the needy ........
Thats all the government wants to do - there are 14year olds out there with 3 kids - they NEED your dosh!!
Pete
Thats all the government wants to do - there are 14year olds out there with 3 kids - they NEED your dosh!!
Pete
#22
Scooby Regular
Join Date: Jan 2000
Location: Disco, Disco!
Posts: 21,825
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by pslewis
Just have a cheap funeral and give the surplus to the needy ........
Thats all the government wants to do - there are 14year olds out there with 3 kids - they NEED your dosh!!
Pete
Thats all the government wants to do - there are 14year olds out there with 3 kids - they NEED your dosh!!
Pete
#23
Scooby Regular
Join Date: Feb 2005
Location: Derbyshire
Posts: 12,304
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by pslewis
Just have a cheap funeral and give the surplus to the needy ........
Thats all the government wants to do - there are 14year olds out there with 3 kids - they NEED your dosh!!
Pete
Thats all the government wants to do - there are 14year olds out there with 3 kids - they NEED your dosh!!
Pete
#27
Scooby Regular
Join Date: Feb 2002
Location: Nobody knows how to tie the simple knots that I know
Posts: 8,010
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by pslewis
Just have a cheap funeral and give the surplus to the needy ........
Thats all the government wants to do - there are 14year olds out there with 3 kids - they NEED your dosh!!
Pete
Thats all the government wants to do - there are 14year olds out there with 3 kids - they NEED your dosh!!
Pete
#28
Scooby Regular
iTrader: (1)
Join Date: Jan 2002
Location: southampton
Posts: 4,067
Likes: 0
Received 0 Likes
on
0 Posts
this is why i live in a rented house, operate my bank accounts to a minimum, they only know enough for me to live on the rest of money is stashed, i buy i sell i make money that no one knows aboutand build myself my own nest egg
it is a great country but they take the serious ****
it is a great country but they take the serious ****