RE: Triple lock8 Aug 2025 04:49
Licker, I'm 70 & the wife is 68, I'm self-employed & still working we pay around £7k - £8k tax pa and that £24kpa + very small private pensions gets spent supporting the economy (holidays, hotel's, garden centres & town markets etc. etc. You get the picture. We support our kids & grandkids battling against this UK tax regime. When you get to SPA you need to apply for it to be paid or deferred, maybe you will decline yours altogether, you could of-course donate it to charity... I know some that donate their WFA at the very least.
When will folk ever understand that nothing is black & white. Hey ho, I wish you well in your future retirement career.