Work Hard And Provide For Your Retirement........

[ToraToraTora]

https://www.telegraph.co.uk/money/tax/inheritance/stolen-my-happy-retirement-letter-shames-rachel-reeves/

....and Labour will give it to someone who didn't.

Has this theiving government no shame?

[ToraToraTora]

he tells you everything ellipsis, what do you think is missing?

[Ellipsis]

What assets does he have, that are to be taxed?

[Peter Pedant]

He needs IHT and pension planning advice - for which you pay.

 

[Peter Pedant]

he tells you everything ellipsis, what do you think is missing?

er just about the whole of his financial affairs - the terms of his will and how many children he has

[ToraToraTora]

PP the grown ups are talking go and play with the traffic.

[ToraToraTora]

he worked hard and got a good job from humble beginnings. That's all you need to know. He's now getting punished by having his pot double taxed. That's the salient point.

[Peter Pedant]

PP the grown ups are talking go and play with the traffic.

TTT why are you so angry ?

[ToraToraTora]

why are you such a plonker? Are you a natural or have you had training?

[Atheist]

PP, He had a difficult childhood; or so he has said. Have a bit of compassion.

[Peter Pedant]

 He's now getting punished by having his pot double taxed. That's the salient point.

no, that is what he SAYS is the salient point

He is saying that he built up his pension ( in a time conts were tax exampt) and it  is so very unfair that he or his heirs have to pay tax on it - and what is more ! when they  buy a chocco bar they will have to pay tax on THAT! what is the world coming to: it was never like that. Hulloo -  it was. Who remembers capital transfer tax ? I thought no

Abraham Lincoln  - death and taxes -  barrrrrrrp! oops just  dodged a lorry there !

[Peter Pedant]

Note to mods -  please do not delete TTT's juvenile insults - I think it means more about AB if they remain

[ToraToraTora]

PP you add nothing with your inane drivel. The Site may tolerate you out of some kind of loyalty to your condition but If I had any say your feer wouldn't touch.

[Peter Pedant]

er right

[bednobs]

bit like yours havent a couple of times

[Peter Pedant]

feet -  feet ( touch the ground, dammit)

Thnk black box from Phys A level

Govt needs more money  - out put - taxes go up

and  Tax the rich - seems OK to me. The rich whine - what I have I hold, and the Very Rich (not  many on AB) got elsewhere to St Lucia or BVI

[Ellipsis]

> That's all you need to know

What I didn't need to know was his father's life and death from 1939 to 1965.  What I did need to know, if I wanted to check his numbers, was his financial situation. 

[Peter Pedant]

What I didn't need to know was his father's life and death from 1939 to 1965.  What I did need to know,....

do you know that the A level science examiners agreed not to do this in  1965 ( hard fight etc) Give the candidates info they didnt need so if they used it they got the wrong answer. Naughty examiners  - not saying anything about AB posters

[ToraToraTora]

19:09 the numbers are irrelevant, it's the principle that his pot will be double taxed that's important.

[Ellipsis]

Without knowing his financial situation, it's just a sob story. The details on his mum and dad makes it a more rounded sob story, but that's still all that it is. If people want to understand the situation, then they need to know the situation.

[ToraToraTora]

He gave you rough figures the rest is just an exercise in simple arithmetic. The main point is that he's making is the double bubble tax hit, that's what is relevant.