Yep, my work pension is taxed, and the money was taxed when i originally earned it so its a double whammy. i am with you mothertrucker and don't want to just survive, so it would be helpful for me if my pension wasnt taxed.
I think they should be tax free simply because you are taxed while earning and contributing towards them. In saying that, due to our population being an ageing one and less and less people contributing to the economy with the increased rates of unemployment it is becoming unviable for them to be tax free. I have real concerns in 40 years time as to how they are going to be able to provide a pension if unemployments continue to increase as for them to provide the money they are going to have to tax the workers at an exhorbitant rate to be able to provide both pensions and unemployment.
yes pensions should be tax free. its really hard making ends meet when you are a pensioner. i have paid tax all my life and asked for nothing. would like to think that i could enjoy my retirement with a few pound in my purse. i dont just want to survive, i want to enjoy myself
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