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Pension income is the only type of income they haven't taxed. That's extraordinarily cheeky.
I know its not strictly related, but it strikes me that they don't seem fussed about sorting out the multi trillion pound pension shortfall either.
At this rate, we might not have a state pension as we know it in the future.
Stonehedge
frankenbike
https://www.theguardian.com/politics/2021/sep/07/boris-johnson-unveils-12bn-a-year-tax-rise-to-pay-for-nhs-and-social-care
1.25% more on dividends, 1.25% more on "NI" which is also applied to working people over the pension age (almost no one?).
It seems like the 1.25% does not apply on top of the 2% band too?Edit: it applies to both bands - good.Pension income is the only type of income they haven't taxed. That's extraordinarily cheeky. The only way that can be justified is if they're going to sack off the triple lock surely.
And a regressive cap system on the care fees so those in the middle hand most of their assets over to the government whilst the wealthiest families get to keep most of it