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They shouldn't be allowed to get away with arranging their affairs to minimise their income. Ridiculous. That's the sort of thing that needs stopping. I wouldn't be surprised if it is a mistake though - I remember when Tax Credits first came in when a husband and wife could earn £49,999pa each...

No, you only start paying income tax over £12700 or whatever it is and you only pay tax at 20% on money earnt over that. That's what I mean. So the means testing would only kick in at a certain threshold, and you would only pay the additional x% on income over that threshold(s). Or in the case...

Yes I know, but it needs sorting. The amount of info required out of HMRC would be minimal - Name, address, NI Number and indicators as to what level of rich bugger you are, or not. :)

Tapered is probably the wrong word. Thresholds is probably what I mean. You only pay x% on the amount over each threshold as per income tax.

It shouldn't do really if their IT was half decent with data shared from HMRC to the relevant departments using NI numbers. Which it almost certainly doesn't do now and is part of what I mean by doing means testing properly. Other countries manage it, I am sure we can (unless they outsource it...

A thought that occurred to me this morning, probably a load of crap but will state it anyway: One thing the pandemic showed is that this country is rubbish at means testing. The government were giving away money to people who didn't need it and still are with the energy price cap. If they sorted...

I have just looked up the value of the house we owned in Burgess Hill before we went to South Africa. It is now worth 4 times what we paid for it 24 years ago. But hey ho, money isn't everything :)

Having been out of the country for so long it certainly came as a surprise to me when I stayed with friends in Haywards Heath in 2016 when they informed me that the house up the road from them had been bought for £1m and was still empty 8 months later. The owners had just bought it as an...

Well that's very nice of them. (y)

Why would they pay off their student loan? No point unless you are a high earner already, is there?

Yes, our eldest pays and the youngest will start paying in September. Mother in law pays too.