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Now a 55% tax on your funeral!!! Couldnt make it up!!!

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Old 06 November 2005, 11:09 PM
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Petem95
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Angry 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!!!!
Old 06 November 2005, 11:12 PM
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Im stuffing it under the mattress....
Old 06 November 2005, 11:13 PM
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You read this bit, right:

Although the new tax will apply initially only to those who have a pension fund worth more than £1.5m
Who do you know who spends 1.5 million on a funeral? And for that matter, how many people here will be affected?


M
Old 06 November 2005, 11:13 PM
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This may be a little too close for comfort for even Pete to say this is a good idea
Old 06 November 2005, 11:15 PM
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They are also going to tax the view from your house!
Old 06 November 2005, 11:17 PM
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Petem95
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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
A pension fund worth 1.5million doesnt release that amount when you die!!! Thats the value of the whole fund - you need a pension fund to be worth at least 0.5million to be worthwhile! 1.5million is a good one, but not as good as it sounds!
Old 07 November 2005, 08:43 AM
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OllyK
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Originally Posted by _Meridian_
You read this bit, right:

Although the new tax will apply initially only to those who have a pension fund worth more than £1.5m
Who do you know who spends 1.5 million on a funeral? And for that matter, how many people here will be affected?


M
Note the word in bold!
Old 07 November 2005, 08:48 AM
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pslewis
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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
Old 07 November 2005, 09:20 AM
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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!!
Well, that's certainly the way it's going with "Tone" and his Lying Labour cronies.

HOW many tax increases since 1997 at the last count, Pete?

Alcazar
Old 07 November 2005, 09:29 AM
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Originally Posted by alcazar
HOW many tax increases since 1997 at the last count
Only goes from 1997 to 2004
Old 07 November 2005, 09:34 AM
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PSL actually lives in a mental institution, therefore he cannot be responsible for the crap he spouts.

He's just a wind up merchant.......
Old 07 November 2005, 09:36 AM
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Well over a hundred then, and only up to '04

Alcazar
Old 07 November 2005, 09:48 AM
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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!!
Last time I looked we weren't a communist state.
Old 07 November 2005, 09:48 AM
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Originally Posted by pslewis
Anyway ..... you are dead ........ why worry??????????
So you die, pension fund releases 15k to cover funeral - but oh look Labour have got their grubby hands on it, so its now 6.75k after tax.....

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
Old 07 November 2005, 10:38 AM
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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
Old 07 November 2005, 11:34 AM
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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
why shoudl it matter....even if someone had a £100,000,000 pension fund, why should they pay more for their funeral than some scumbag who's been paid in cash most of his life and has a pension fund of £1000
Old 07 November 2005, 11:48 AM
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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!
Old 07 November 2005, 11:58 AM
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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!
I was having similar thoughts about having my body dumped inside the lobby at Millbank
Old 07 November 2005, 12:22 PM
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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!
I was wondering if they could just stick me in the wheelie bin when I am finished, but the council don't seem too keen
Old 07 November 2005, 12:32 PM
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I thought policemen did that while you were still alive?
Old 07 November 2005, 01:34 PM
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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
Old 07 November 2005, 02:02 PM
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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
LOL - that had brightened up my afternoon!
Old 07 November 2005, 02:18 PM
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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
No, they need to get up off their backs, close their legs, put the sprogs up for adoption, go and get steralised then get back to fecking school.
Old 07 November 2005, 04:22 PM
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Originally Posted by OllyK
No, they need to get up off their backs, close their legs, put the sprogs up for adoption, go and get steralised then get back to fecking school.
I don't think you quite appreciated the humour in Pete's post, did you Olly?

Alcazar
Old 07 November 2005, 04:26 PM
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I'm needy, I would greatly appreciate any surplus income you can spare
Old 07 November 2005, 04:30 PM
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Originally Posted by SJ_Skyline
I'm needy, I would greatly appreciate any surplus income you can spare
Fek off, SJ...........I haven't enough for myself
Oh, I see, you didn't mean me personally...............

Alcazar
Old 07 November 2005, 06:04 PM
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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
It would be cheaper if they could just keep their clothes on!
Old 07 November 2005, 06:25 PM
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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 ****
Old 07 November 2005, 06:27 PM
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So you're a tax dodger then
Old 07 November 2005, 06:31 PM
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to a degree yes, a great percentage is on the books legit no hassles no concerns on paper im superb
but i do have my own stash


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