Better?
I you sure no Government money is being spent in private schools?
https://amp.theguardian.com/education/2019/feb/05/critics-take-aim-at-subsidies-given-to-private-schools
The budget allocated £Billions of additional funds to the state school sector, where the vast majority of UK children are educated.
So not a slap in the face for majority of the folk in the UK.
Just a bit more to pay for those wishing to buy privilege.
Yet more invective.
Your pension pot will not be taxed at 40 while you are alive.
Closing the loophole of using pension pots to avoid inheritance tax makes very good sense.
Pension pots are tax deductible savings that grow free of capital gains tax and offer a significant tax free lump sum when pensions are first drawn.
Allowing these tax free assets to be passed on as a tax free is ludicrous.
I have absolutely no objection to my pension pot being taxed after I die, I will no longer have any need of it.
Ans as I mentioned earlier, a portion of my monthly UK pension payments will be subject to 40% tax.
‘You gotta pay your taxes son’.
Nobody has claimed £140 million in NI increases is ‘irrelevant’ as my father told me and I told my own kids, ‘you’ve gotta pay your taxes son’.
Triple whammy?
Retirement is something to look forward to.
I’ve never met anyone who said they retired to early, though I have met many who didn’t plan and prepare for retirement.
I’ve always expected part of my pensions to be subjected to 40% tax, on the flip side they are a very effective means of making tax free savings through your working lives.
The tax free lump sum alone is a shockingly good deal.
Protected allowances yet another stunningly good deal.
…..
Please take note of the avoidance of invective.
Personal attacks are never deserved.
Yes I do realize, it’s also less than Saunsbury have allocated for a share buy back, which adds nothing to the company profitability but does pad out share price with a faux ‘improvement’.
And…. It’s tax deductible, so on that ‘financial literacy thing…?.
One more time, myths, like increased taxes on working people in the Autumn budget don’t exist.
A bit like unicorns, they don’t exist either.
Let me know what bits of the budget have made more harder for you, I’m always willing to listen.