asitis Posted February 17, 2022 Share Posted February 17, 2022 3 hours ago, Numbnuts said: this amount of money for what seems a open ended undefined 'project' We are good at these, look at Liverpool ! 2 Quote Link to comment Share on other sites More sharing options...
The Voice of Reason Posted February 17, 2022 Share Posted February 17, 2022 4 hours ago, Mistercee said: I gained the impression that the young lady thought that she was receiving £6,400 pa in benefits - the £6,400 is in fact a Single Patent tax allowance which, combined with the Single Person Allowance means that she will earn £20,900 before paying any tax. If the fact that the allowance has not been increased has an impact on her ability to live she must therefore be earning in excess of £21k pa which most people would not regard as the breadline. I do wish Manx Radio would do a simple fact check before giving these people airtime. I’m not sure she is earning anything . I don’t think there was any mention of her being employed in the piece. But I may be wrong. Quote Link to comment Share on other sites More sharing options...
0bserver Posted February 17, 2022 Author Share Posted February 17, 2022 3 hours ago, Boris Johnson said: 10,000 tourists per week, every week of the year. Pure fiction How many bed spaces do we have? We're going to increase the year to 104 weeks so it's actually just 5,000 per week. 1 Quote Link to comment Share on other sites More sharing options...
2112 Posted February 17, 2022 Share Posted February 17, 2022 8 hours ago, hissingsid said: Daphne was on MR this morning saying how delighted she was to get the dosh she says things must be done to show things are being done, my words not hers and we must have eco houses and electric cars. Now 42 million is a lot of money but how many eco houses could you build for that ? About 130 ish so that would be nice for 130 families but what about the rest of us ? She was breathless with enthusiasm and I fear the worst. Money accrued by the Government from the Tax payer should be used to benefit all the population because all the population have paid into the pot. 130 homes for sale? They will be well beyond the reach of normal people. Or eco social housing in Garff? Votes for Daffy me thinks. Quote Link to comment Share on other sites More sharing options...
A fool and his money..... Posted February 17, 2022 Share Posted February 17, 2022 6 hours ago, Mistercee said: Allowance means that she will earn £20,900 before paying any tax. If the fact that the allowance has not been increased has an impact on her ability to live she must therefore be earning in excess of £21k pa which most people would not regard as the breadline. Although it is below the government's own figure of what it costs to live here, based in a 40 hour week. Quote Link to comment Share on other sites More sharing options...
doc.fixit Posted February 17, 2022 Share Posted February 17, 2022 My pension is nowhere near that amount yet we are expected to live on it. Even with my wife's pension we collectively only just get around that figure. Goodness knows what will happen when one of us dies. 3 Quote Link to comment Share on other sites More sharing options...
Banker Posted February 17, 2022 Share Posted February 17, 2022 24 minutes ago, doc.fixit said: My pension is nowhere near that amount yet we are expected to live on it. Even with my wife's pension we collectively only just get around that figure. Goodness knows what will happen when one of us dies. Without appearing too flippant one person will have less costs than 2😀 1 1 Quote Link to comment Share on other sites More sharing options...
Passing Time Posted February 17, 2022 Share Posted February 17, 2022 30 minutes ago, doc.fixit said: My pension is nowhere near that amount yet we are expected to live on it. Even with my wife's pension we collectively only just get around that figure. Goodness knows what will happen when one of us dies. Insulting that the government are upping minimum wage which means anybody on a 37 hour week will be on over £18k a year yet those who have worked all their lives are expected to survive on £12k a year 5 Quote Link to comment Share on other sites More sharing options...
ManxTaxPayer Posted February 17, 2022 Share Posted February 17, 2022 (edited) Bit unkind. Edited February 17, 2022 by ManxTaxPayer Quote Link to comment Share on other sites More sharing options...
HeliX Posted February 17, 2022 Share Posted February 17, 2022 1 hour ago, Passing Time said: Insulting that the government are upping minimum wage which means anybody on a 37 hour week will be on over £18k a year yet those who have worked all their lives are expected to survive on £12k a year Those still working are much less likely to have a mortgage that has been paid off, of course. Quote Link to comment Share on other sites More sharing options...
Numbnuts Posted February 17, 2022 Share Posted February 17, 2022 (edited) 1 hour ago, Banker said: Without appearing too flippant one person will have less costs than 2😀 This is true to a point but speaking as someone who lives alone and receiving my state pension its a big issue around rates time. Living in Douglas at that time is not good for finances . Edited February 17, 2022 by Numbnuts 2 Quote Link to comment Share on other sites More sharing options...
0bserver Posted February 17, 2022 Author Share Posted February 17, 2022 3 minutes ago, HeliX said: Those still working are much less likely to have a mortgage that has been paid off, of course. Or actually reach retirement age as Government keep upping it and life expectancy is falling. They could always do what working people are being told to do and get a private pension. Quote Link to comment Share on other sites More sharing options...
0bserver Posted February 17, 2022 Author Share Posted February 17, 2022 1 minute ago, Numbnuts said: This is true to a point but speaking as someone who lives alone and receiving my state pension its a big issue around rates time. Living in Douglas its not a good time for finances . Living on the Isle of Man is not a good place to be for finances full stop. Unless you're massively wealthy or a tax dodging tax capper. 3 Quote Link to comment Share on other sites More sharing options...
Lost Login Posted February 17, 2022 Share Posted February 17, 2022 59 minutes ago, Passing Time said: Insulting that the government are upping minimum wage which means anybody on a 37 hour week will be on over £18k a year yet those who have worked all their lives are expected to survive on £12k a year That seems a slightly unfair comparison in my view as one party is working and the other is not. If the non pensioner was not working then I think the pensioner would receive a lot more than the non pensioner. The employee would also be paying about £1,500 in tax & NI if I have my calculations correct. Depending where they live they could easy be paying £500 a year for public transport to work. If you live in Ballasalla and work in Douglas you are looking I think at about £5 a day. Still a gap but not as stark as you suggest. 1 Quote Link to comment Share on other sites More sharing options...
Numbnuts Posted February 17, 2022 Share Posted February 17, 2022 Just now, 0bserver said: Living on the Isle of Man is not a good place to be for finances full stop. Unless you're massively wealthy or a tax dodging tax capper. I assure you I'm neither and I agree with you. Not a good time to be single and a pensioner. Fortunately / unfortunately I struggled on incapacity for 7 years which was a nightmare but survived and meant I learnt to make a little last along way. Incapacity was £70 plus a week less than basic IOM pension Quote Link to comment Share on other sites More sharing options...
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