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Apparently loads of over 55s have been tapping up their pension funds during lockdown, but fail to realise that when they do and take over 25% (hence pay tax) that they then kill off the right to make large future payments into the fund. Essentially the tax free annual allowance is reduced to £4K from £40k.........this impacts those who apparently intended to make large payments in their final years (despite not previously getting round to saving).


https://www.telegraph.co.uk/money/consumer-affairs/majority-over-55s-unawareof-triggering-covid-tax-trap-cuts-pension/

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Apparently loads of over 55s have been tapping up their pension funds during lockdown, but fail to realise that when they do and take over 25% (hence pay tax) that they then kill off the right to make large future payments into the fund. Essentially the tax free annual allowance is reduced to £4K from £40k.........this impacts those who apparently intended to make large payments in their final years (despite not previously getting round to saving).


https://www.telegraph.co.uk/money/consumer-affairs/majority-over-55s-unawareof-triggering-covid-tax-trap-cuts-pension/

I did not realise you were a DT reader

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I did not realise you were a DT reader

4368.jpg?width=1200&height=1200&quality=

 

I read everything.

I have subscriptions to the FT, New York Times, The Spectator, The Economist, Private Eye, Money Week and pick up a few tech magazines as well.  I've always been a quick reader, and these days I can go faster by auto skimming the clichés.

The Mail, Guardian and Telegraph (turning off Javascript) are largely free.

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I read everything.

I have subscriptions to the FT, New York Times, The Spectator, The Economist, Private Eye, Money Week and pick up a few tech magazines as well.  I've always been a quick reader, and these days I can go faster by auto skimming the clichés.

The Mail, Guardian and Telegraph (turning off Javascript) are largely free.

how do turn off javascript from a non IT person

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It is or used to be in the settings, but these days depends on which browser you use? Chrome has hidden that feature away in dev tools, probably to stop Joe Public avoiding adverts.

I use Brave ( see www.brave.com) and actually it is well setup for that as you can just tap the lion icon at the top right and a dropdown appears which includes a switch to turn scripts on and off.

Edited by Mikhail Liebenstein
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how do turn off javascript from a non IT person

Easy to find in Firefox settings, you will also get the FT and NY Times free.

Even better use the paywall bypass extension. Search  "Firefox paywall bypass" and this will take you to a Reddit link for downloading/installing the extension. This adds dozens more sites including The Times. 

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Easy to find in Firefox settings, you will also get the FT and NY Times free.

Even better use the paywall bypass extension. Search  "Firefox paywall bypass" and this will take you to a Reddit link for downloading/installing the extension. This adds dozens more sites including The Times. 

It worked, thanks

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It is or used to be in the settings, but these days depends on which browser you use? Chrome has hidden that feature away in dev tools, probably to stop Joe Public avoiding adverts.

I use Brave ( see www.brave.com) and actually it is well setup for that as you can just tap the lion icon at the top right and a dropdown appears which includes a switch to turn scripts on and off.

Thanks, 

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  • 439 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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