Originally posted by mudskipper
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "You can't trust them as far as you could throw them"
Collapse
-
-
Originally posted by socialworker View PostHow do you work that one out?
Believe me lots of the monied classes are very good at beating the system , get Mama to sign over the house worth half a mil, the council picks up the tab when she goes into care.
Leave a comment:
-
Originally posted by zeitghostFTFY.
Believe me lots of the monied classes are very good at beating the system , get Mama to sign over the house worth half a mil, the council picks up the tab when she goes into care.Last edited by socialworker; 16 October 2013, 09:56.
Leave a comment:
-
Originally posted by socialworker View PostBelieve me, you are still far better off having money than not having any. Councils pay so liitle for care they commission it is at the bottom of the quality pile.
Somewhere like this costs about a grand a week.
So if you have a property worth 200K and 100K in savings, that'll see you through for about six years - you pay the lot till you hit the threshold.
Then the council will only pay what they think care should cost, so your family foots the rest, or you move into a cheaper home.
Problem is you don't know how long you're going to live for - at 80, you could assume that six years is going to be enough, then live to 95.
Dunno what the answer is.
Leave a comment:
-
Believe me, you are still far better off having money than not having any. Councils pay so liitle for care they commission it is at the bottom of the quality pile.
Lots of the self funders I see have inherited money, not everyone is self made. Im not against people inheriting money, in fact I rather hope to inherit some myself.
I would rather everyone paid their taxes then everyone got a decent existence in old age. But then the very newspapers screaming about people selling their homes would be screaming about how overtaxed we are.
Leave a comment:
-
Exackly.
Why bother saving for old age when, if you do, you'll have no more money than if you hadn't?
Leave a comment:
-
Originally posted by socialworker View PostI heard acouple of politicians yesterday saying how appalling folk with over 23k have to pay for care as "it isnt enough to pay for a copy of the Racing Post /presents for the grandchildren." Obviously oblivious that this is the current situaion for anyone getting care at home. Folk getting home care also have to pay a contribution consisting of up to any income over income support plus 25%, which means lots decide they cannot afford care and refuse to have it.
Spending down to 23k and then getting a loan against the house until death for people going into ahome is actually just what happens now. It was always going to be incredibly expensive to do anything else. I have to ask why people should be able to inherit limitless assets while the state pays for their parents care. All this emotive talk about selling their home , well it isnt their home any more if the are going into permannt care, frankly. Before you start, I am one who would lose my inheritance quite easily if my parents had to go into care.
This, if anything, encourages fecklessness.
Leave a comment:
-
I heard acouple of politicians yesterday saying how appalling folk with over 23k have to pay for care as "it isnt enough to pay for a copy of the Racing Post /presents for the grandchildren." Obviously oblivious that this is the current situaion for anyone getting care at home. Folk getting home care also have to pay a contribution consisting of up to any income over income support plus 25%, which means lots decide they cannot afford care and refuse to have it.
Spending down to 23k and then getting a loan against the house until death for people going into ahome is actually just what happens now. It was always going to be incredibly expensive to do anything else. I have to ask why people should be able to inherit limitless assets while the state pays for their parents care. All this emotive talk about selling their home , well it isnt their home any more if the are going into permannt care, frankly. Before you start, I am one who would lose my inheritance quite easily if my parents had to go into care.
Leave a comment:
-
Originally posted by Freaki Li Cuatre View PostYes indeed. I notice we're getting all the usual "a vote for <insert fringe party here> = a vote for labour" nonsense.
In the past, I've paid heed to this.
Not this time.
Yes, the economy is starting to boom but this isn't any 1980s style boom giving aspiration to the average person. No, for mr & mrs average everything is getting more expensive and they see declining living standards and only the top echelon of society getting richer. Filthy rich in fact.
It's time we stick the boot into these shysters and charlatans who have been peddling lies and half truths while getting their snouts further into the trough and vote for a party that will represent the people instead of big business, the EU, or any global agenda.
I hate to say it but I did vote Tory last time around. Never again - total con merchants the lot of them. Just the sight of Cameron on TV has me spitting nails
Look at any industry and it is being regulated and taken over by larger entities. We are in the grip of control from above that is getting ever more powerful.
Leave a comment:
-
Originally posted by gricerboy View Post
In the past, I've paid heed to this.
Not this time.
Yes, the economy is starting to boom but this isn't any 1980s style boom giving aspiration to the average person. No, for mr & mrs average everything is getting more expensive and they see declining living standards and only the top echelon of society getting richer. Filthy rich in fact.
It's time we stick the boot into these shysters and charlatans who have been peddling lies and half truths while getting their snouts further into the trough and vote for a party that will represent the people instead of big business, the EU, or any global agenda.
I hate to say it but I did vote Tory last time around. Never again - total con merchants the lot of them. Just the sight of Cameron on TV has me spitting nails
Leave a comment:
-
You can't trust them as far as you could throw them
U-Turn on care for elderly
...It seemed to be a policy, and a promise, set in stone. Now, it appears to be nothing of the sort.
There has been no great Government announcement — in fact, the U-turn has been slipped out in virtual secrecy....
...The Government had promised to ring-fence people’s homes by offering a deferred payment scheme that would allow the state to recover the cost of care (up to a capped level of £72,000) from estates after death....
...However, this may not now be so. The promise of a universal scheme of deferred payments for care, whether residential or in the elderly person’s own home, may be diluted so that homeowners with assets (excluding their house) over £23,500 would be forced to run them down to that level before qualifying for help.
Mr Lamb this week even had the gall to describe such a sum as a ‘vast amount of money’, and that anyone with such assets in the bank must be ‘quite wealthy'
Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: