Originally Posted by jo-ann (Post 5854631)

We are around 100 euros a month less on our state pensions which is a big drop when prices here are rising all of the time. I dare'nt look at the shares, all investments are in a downward spiral at the moment and it doesn't look set to improve.:thumbdown:

Originally Posted by hrothgar (Post 5857253)

Now I've taken tax into consideration it looks slightly better, as less income means less tax. So it means I'll be 200 euros worse off - not 300.

Originally Posted by hrothgar (Post 5857170)

How is your tax taken off - monthly or annually?

Originally Posted by jo-ann (Post 5857712)

We are taxed here in spain annually, and pay very little as we are not earning that much.