Boris Johnson pledges cut to National Insurance

[Javert]

Both main parties have a history of being economical with the truth when it comes to changes in National Insurance arrangements.



Labour got away with it when the effectively increased income tax by 1% under the cover of NI but extending that increase to the entire salary band instead of the prior upper limits that had been in force.



I have little doubt that there will be a similar sleight of hand as and when the Tories are elected here and that this will not be what it seems in the headlines.

[cromwell]

Mod Notice

Thread re opened,remember to comment only about here and lets try and stick to the topic and remember it's just a lot of opinions and at least try to keep it friendly  :hattip

[Bright Young Thing]

Topic locked for moderation.

[papasmurf]

 All you have ever done is brag how hard you have worked to keep the disabled on the dole.

That is a blatant lie, apologise.

[Borchester]

I am also member of two charities dedicated to, where at all possible getting disabled people into work.

Not according to your posts I am afraid. All you have ever done is brag how hard you have worked to keep the disabled on the dole.

[papasmurf]

Anyone who has read Pappy's posts on the previous site will know that he has spent his life trying to keep folk out of work.

That is a blatant lie, I have never done any such thing. So apologise

I have campaigned against the fatally flawed, all too often literally, assessment system that finds very sick and very disabled people wrongly found "fit for work." That system has led to deaths and suicides  all to often before a tribunal date.

I am also member of two charities dedicated to, where at all possible getting disabled people into work.

[GregB]

It looks like if you've not paid enough though wages or benefit credits just don't get a state pension, unless you are married and your partner has then you can get a reduced amount.



My main concerns are the lost revenue, that it benefits the poorest the least, and that Mr Johnson lied when he claimed people would save £500 a year when his own party confirmed the actual saving was £100.



The right wing media have dutifully reported the incorrect figure. It's just lies built on lies.

And quite right too, why would someone be entitled to a state pension if they haven't contributed to such.

[Borchester]

It is aimed at those in work on low wages is that not a good thing to do, ?

Where on earth did you get that idea from?

[Ciaphas]

Something is better than nothing, not certain but as far as I am aware even those who have paid little NI in their lives or none at all due to other circumstances get a State Pension at the end of the day, some more than those who have paid NI for 50 years

It looks like if you've not paid enough though wages or benefit credits just don't get a state pension, unless you are married and your partner has then you can get a reduced amount.



My main concerns are the lost revenue, that it benefits the poorest the least, and that Mr Johnson lied when he claimed people would save £500 a year when his own party confirmed the actual saving was £100.



The right wing media have dutifully reported the incorrect figure. It's just lies built on lies.

[Churchill]

The net gain is less for those earning under the threshold since they only partially benefit from the increase.



On a side note this does mean the government has increased the number of people not contributing towards their state pension so in return for a bit of extra money they may not qualify for a state pension.



Sneaky plan to reduce future state pension liabilities?

Something is better than nothing, not certain but as far as I am aware even those who have paid little NI in their lives or none at all due to other circumstances get a State Pension at the end of the day, some more than those who have paid NI for 50 years

[Ciaphas]

This is how I understand it, correct me if I am wrong



It helps all those in work the first threshold is £8,500 anyone earning less than that will not be subject to NI anything over it will, when the threshold which will eventually reache £12,500, anyone who earns less that will not pay NI at all

The net gain is less for those earning under the threshold since they only partially benefit from the increase.



On a side note this does mean the government has increased the number of people not contributing towards their state pension so in return for a bit of extra money they may not qualify for a state pension.



Sneaky plan to reduce future state pension liabilities?

[papasmurf]

That joke is nearly as old as I am  :shock:  

I am trying to remember the beginning of the one which end sit on your "asses," smoke your Camels, we are in the promised land.

This is the American version:-



Over five thousand years ago, Moses said to the children of Israel, "Pick up your shovels, mount your asses and camels, and I will lead you to the Promised Land." Nearly 75 years ago, (when Welfare was introduced) Roosevelt said, "Lay down your shovels, sit on your asses, and light up a Camel, this is the Promised Land." Today, Congress has stolen your shovel, taxed your asses, raised the price of Camels and mortgaged the Promised land!

[Churchill]

That joke is nearly as old as I am  :shock:  

[Barry]

Union Leader addressing a workforce in the factory yard, Comrades the strike is over our demands have been met, you will have a £200 a week wage rise back dated 5 years, you will now only have to work 8 hours a week  on a Wednesday, you would be at the back shouting " What every bloody Wednesday, not having that "

Made me laugh!  ::

[Churchill]

It benefits the poorest least so marketing it as a policy to help those on low income is misleading.



Only those currently earning over £12,500 a year will get the full benefit. In practice you need to do about 28 hrs a week to earn 12000 a year if you are 25+, 30hrs a week if you are 21-24, and 37.5hrs a week if you are 18-20.



Given the number of people, particually the young, in insecure minimum wage paying work it's likely many will fall beneath the 12000 cut off point.

This is how I understand it, correct me if I am wrong



It helps all those in work the first threshold is £8,500 anyone earning less than that will not be subject to NI anything over it will, when the threshold which will eventually reache £12,500, anyone who earns less that will not pay NI at all