Fazer Owners Club - Unofficial
General => General => Topic started by: Dunky on 25 July 2013, 07:17:33 am
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Happy birthday Davie (mr Grimsdale) and everybody else who has a birthday today on the site.
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I suppose that includes me then, only two more years to go and I start getting one of my pensions. But, as it pays out at 60, I'll still be working so the robbing bastards at the tax office will help themselves to nearly half of it. How does that work then? I pay contributions into a pension scheme for nigh on 30 years and then when the time comes that they are given back to me I get taxed on it? If I'd have put some money into a savings account every month for 30 years, I wouldn't get taxed on it if I drew it out a little at a time so why is a pension any different?