OMG

[ummmm]

I was just talking to my Aunt. My Grandad (87) still has to fill out a tax return every year. Is there never a time when your money is your own?

I find that quite annoying. He pays for my Nans care home...he pays for his own carers...and they are still taxing him... scandalous.

[Bbbananas]

I agree.

[Bbbananas]

(That's probably the shortest answer I've ever given btw).

But I do. I agree.

[Hopkirk]

If he was a multi millionaire, making a fortune from his investments, should it all be tax free because of his age?

[stokemaveric]

unfortunatley they tax you till the day you die in some capacity... i agree with salla...scandalous

[Sqad]

ummmm...he is too rich.........old ladies and old men often have "packet " stowed away.

It would p1ss me off if I was paying through my taxes your Gran´s care home and your Grandad had more "dosh" than me.


Seems fair to me!

[squarebear]

I have to agree with Hopkirk. Although it may seem unfair, I don't see what age has to do with it, especially as more and more people are living into a very ripe old age.

[stokemaveric]

i normally agree with you sqad but hasnt this lady paid into the welfare state all her life [if she worked]...and therefore entitled to some sort of paid care??...there are enough people coming into this country who havent paid a penny in tax or national insurance who are on benefits...

[daffy654]

I agree with ummmm, salla and stoke.

[hc4361]

I agree entirely with sqad. He gets a higher tax allowance because of his age, doesn't pay for prescriptions because of his age, gets a free tv licence.
He probably gets some sort of attendance allowance which is tax free and not means tested. If he doesn't he should claim for it.
He obviously has a fairly high income or plenty of capital. He doesn't need my tax money to support him or his wife.

[ummmm]

I'm not moaning about him paying for their care. He has the money so he pays...

But to still have to pay tax on his investments which also means employing an accountant...that's a step too far.

[ummmm]

He doesn't get attendance allowance.

The only benefit he gets from being 87 is free TV license and free prescriptions. That's it

[murraymints]

many folk would gladly pay tax on investments if only they had such means ...age is not a get out of taxable liabilities !

[Sqad]

stoke....the majority of us have paid, all our lives, a greater amount or a lesser amount based on your wealth and not your age.......that is a Political concept.

It is the fault of UK´s Governments in the past that has let the "soft touch" culture enter the UK.

In Spain...if you retire and are over 65years of age...the Spanish Health Service will not pay a penny towards your health care......taking the reasonable attitude that you have paid taxes into another country all your life and now you want free health care in our country.......NO WAY

Also.. unemployment benefit depends upon how long you have paid into the system........short time?...little benefit......long time?...better benefits.

No....if the elderly are over the tax levels....they pay...like everyone else.

[hc4361]

Tell him to claim carer's allowance. It won't affect his investments at all.

[daffy654]

He can't claim carer's allowance if his wife is in residential care. That particular benefit is only given to people who are caring for 38 hours a week or more for a disabled person who is in receipt of the medium rate care component (or higher) of DLA.

[hc4361]

He is paying for his own carers. He can claim carers allowance for himself.
Apologies, I mean attendance allowance.

[beattie819]

hc you cant get carers allowance if you are receiving state pension. Apparently it all comes out of the same "pot" so you cant get carers allowance as well.

[starone]

I pay £69 a month income tax in spite of my age. I also still pay council tax. I do begrudge it (is that a word?) I must admit and my one fear is that I might have to go into a care home (£400 a week or more) which would soon get rid of my savings and my house. It seems that whatever you do you have to pay. Whoever said "There are two things certain in life,- death and taxes" was certainly right. Retirement pension is taxable.

[beattie819]

oops you whipped that one in quick hc..........apologies from me :)

[Sqad]

OK....I am a retired surgeon...........aged say 80

Income from nhs pension 65,000 Uk pounds a year
Private Pensions...............60,000 UK pounds a year
Holiday home worth.........850,000 UK pounds.
Investment worth..........500,000 UK pounds.

And I didn´t pay a penny in tax.

Is that right and ethical?