Elderly employees. Heroes paying tax. The Croydon-Roy effect.

[PalazioVecchio]

So, you get to age 66. Do you immediately down-tools and get your pension ? or do you decide to keep on working ? cos it gives you a more meaningful existence ?

Surely the government should recognise your heroism with generous tax breaks or double the pension stamps ? or preferential NHS service ? or the ability to bequeath a larger tax free sum to your kids ?

We have the likes of Roy, putting on a suit & tie and putting in a shift at an elderly age. And then we have many able-bodied longterm unemployed types. Aged in their twenties. Never did a day's work in their life. What would the neighbours say ?

discuss

 

[DANGERCLOSE]

https://twitter.com/x/status/2039964869244403734

 

[DanH]

So, you get to age 66. Do you immediately down-tools and get your pension ? or do you decide to keep on working ? cos it gives you a more meaningful existence ?

Surely the government should recognise your heroism with generous tax breaks or double the pension stamps ? or preferential NHS service ? or the ability to bequeath a larger tax free sum to your kids ?

We have the likes of Roy, putting on a suit & tie and putting in a shift at an elderly age. And then we have many able-bodied longterm unemployed types. Aged in their twenties. Never did a day's work in their life. What would the neighbours say ?

discuss

I agree with all of the above. Working pensioners should not pay tax until they hit they higher tax bracket.

 

[cryrst]

I agree with all of the above. Working pensioners should not pay tax until they hit the higher tax bracket.

so is it all taxed or just the bit above the cut off for higher tax payer.
NI stops when you start drawing your pension.