|
kirky
|
 |
« on: June 03, 2008, 06:10:34 PM » |
|
i don't,my dad always said a pension was a saving up to die scam,i see the business as my pension scheme as i intend to have my son take over and keeping it earning me a few bob ..any thoughts?
|
|
|
|
|
Logged
|
|
|
|
|
frankybadboy
|
|
« Reply #1 on: June 03, 2008, 08:41:18 PM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
agpm06
Guest
|
|
« Reply #2 on: June 04, 2008, 12:08:13 AM » |
|
not got 1 either ,accountant told me to invest 15% off my profit ,not done it yet tho  |
|
|
|
|
Logged
|
|
|
|
|
kirky
|
|
« Reply #3 on: June 04, 2008, 05:26:02 AM » |
|
not got 1 either ,accountant told me to invest 15% off my profit ,not done it yet tho thats what i do,i pay it into an ISA rather than a pension though,that way there's no risk and i can get to it anytime i want too |
|
|
|
|
Logged
|
|
|
|
|
kirky
|
|
« Reply #4 on: June 04, 2008, 05:28:17 AM » |
|
even at the age of 12 he's already shwon an interest and can already use a squegee but if things change i do have 2 lads that are a good 20 years younger than me so hopefully they will still be around |
|
|
|
|
Logged
|
|
|
|
|
simon.s
|
|
« Reply #5 on: June 04, 2008, 01:31:43 PM » |
|
I started a pension about 4 and half years ago. The government started these stakeholder pension schemes for self employed people like us. They were trying to encourage us to save for our retirement. It's not a bad scheme.
You can pay as much as you want per month. I pay by direct debit. You can raise, lower or pause payments whenever you want. You can make extra payments anytime you like. And, the taxman has to add 28% to every payment. Lots of companies do them. It's worth a look.
|
|
|
|
|
Logged
|
|
|
|
|
agpm06
Guest
|
|
« Reply #6 on: June 04, 2008, 10:30:23 PM » |
|
:oyou ncan get money back off the taxman  count me in ..seriously that sounds ok give it a look cheers simon |
|
|
|
|
Logged
|
|
|
|
|
stuart mci
|
|
« Reply #7 on: June 04, 2008, 11:17:10 PM » |
|
kirky i answered the last time you asked last year  but here goes again i will have a partial army pension when i retire and whatever i invest from the business which so far nil  but again i will mention my old man who still draws a wage from his/ now my brothers w/c business at the age of 74 and he has parkinsons but still he gets a wage he does the vat etc. |
|
|
|
|
Logged
|
what rain mrs
|
|
|
|
Seye
|
|
« Reply #8 on: June 05, 2008, 12:59:35 AM » |
|
I think as has been said the highest interest acount you can find. |
|
|
|
|
Logged
|
|
|
|
|
kirky
|
|
« Reply #9 on: June 05, 2008, 08:22:20 AM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
Seye
|
|
« Reply #10 on: June 05, 2008, 10:13:27 AM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
simon.s
|
|
« Reply #11 on: June 05, 2008, 12:07:08 PM » |
|
He's raised the subject again because he can't sleep for worrying about it. That's why he's posting on here at 5.10am.
|
|
|
|
|
Logged
|
|
|
|
|
kirky
|
|
« Reply #12 on: June 05, 2008, 01:30:10 PM » |
|
have ive said before i walk wifey to work at 4.40 |
|
|
|
|
Logged
|
|
|
|
|
agpm06
Guest
|
|
« Reply #13 on: June 05, 2008, 10:46:00 PM » |
|
4.40 i dont get up till 8.15 |
|
|
|
|
Logged
|
|
|
|
|
stuart mci
|
|
« Reply #14 on: June 06, 2008, 11:18:58 PM » |
|
|
|
|
|
|
Logged
|
what rain mrs
|
|
|
|
kirky
|
|
« Reply #15 on: June 07, 2008, 10:20:13 AM » |
|
i'm just off to asda for my supplies 4 cases of carling £28.80 our girt gives me her staff card and i get 10% off  |
|
|
|
|
Logged
|
|
|
|
|
stuart mci
|
|
« Reply #16 on: June 08, 2008, 08:31:19 PM » |
|
i'm just off to asda for my supplies 4 cases of carling £28.80 our girt gives me her staff card and i get 10% off [/quote] nice one kirky good lad ive had a sore head all day own fault |
|
|
|
|
Logged
|
what rain mrs
|
|
|
|
hwcs
|
|
« Reply #17 on: June 09, 2008, 08:31:31 PM » |
|
i think the isa route sounds best £3k a year tax free for 40 years (i'm 23) = £120k before interest combine this with a business built large, therfore u can get somone to manage it (prefably a son or daughter) and still get a big % in.
the tax free threshold always goes up any way, discusting that banks tax u. u get taxed in your pay any way. bonkers
|
|
|
|
|
Logged
|
 master guild of window cleaners  |
|
|
|
kirky
|
|
« Reply #18 on: June 11, 2008, 07:56:47 AM » |
|
i think the isa route sounds best £3k a year tax free for 40 years (i'm 23) = £120k before interest combine this with a business built large, therfore u can get somone to manage it (prefably a son or daughter) and still get a big % in.
the tax free threshold always goes up any way, discusting that banks tax u. u get taxed in your pay any way. bonkers
sounds like you got it sussed our kid |
|
|
|
|
Logged
|
|
|
|
|
hwcs
|
|
« Reply #19 on: June 11, 2008, 07:32:39 PM » |
|
all my savings till next year will al go on a hous first though. having a secound home would also be a good idea too, rent it out. you may get good at it and become a property developer. i'll probly stick to exterior cleanig  |
|
|
|
|
Logged
|
master guild of window cleaners |
|
|
|
aquatech
|
|
« Reply #20 on: June 12, 2008, 11:15:51 AM » |
|
before going self employed 2 years ago I worked for Sony uk for 18 years and had a pension there which is now frozen
I know there is a few quid there but I'm leaving that for my daughter as I can aways rob a bank some day so if anyione is free and fancies being my driver we can sort it well out
|
|
|
|
|
Logged
|
|
|
|
|
|
|
agpm06
Guest
|
|
« Reply #22 on: June 13, 2008, 12:17:42 AM » |
|
i started saving..lasted a week then it rained for 11 days spent the lot my house is my pension will worry about it later,,live life 1st. |
|
|
|
|
Logged
|
|
|
|
|
Window Cleaning Equipment Forum
|
|
|
|
|
|
Logged
|
|
|
|
|
