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Proper Financial Advice means:
➡️ Goal-based planning
➡️ Evidence-based investing
➡️ Behaviour-based coaching
Always seek PFA™️.
Hard working, mortgage paying, heavily taxed fathers in solidarity ✊🏼
It appears the “fair” thing to do would be reducing taxes paid by high earners 👇🏼
If I asked you which country has the most progressive tax system in the developed world — where high earners hand over an especially large share of their income relative to the average worker — what would your answer be?
The answer is in fact Britain. on.ft.com/3KfzmDq
Higher wages means higher tax receipts. Who knew?!
Yet, instead of encouraging and rewarding higher earnings, the government will most likely raise taxes on those earning more.
Colour me perplexed 😕
We’re also hearing that the OBR’s fiscal forecasts are better than expected, as result of stronger wage growth and therefore higher tax receipts.
It means Rachel Reeves doesn’t need to put up basic rate of income tax to fill lower than expected fiscal gap: the politics of that were proving just too hard with disagreement w/in cabinet and anxiety among Labour MPs over manifesto breach.
But - not least because she wants bigger than before headroom to protect against future risks - we’re still expecting chancellor to fill the gap through taxes.
We were already expecting threshold freezes but now reducing thresholds for 40p and 45p rates also an option. Would drag more people into paying higher rates, esp given wage growth. Salary sacrifice schemes also likely to be hit.
Ministers will hope that this will be seen as a fudge of manifesto promise - rather than blatant breach which would have made them first government in 50 years to hike basic rate of income tax.
I have an idea - let’s raise tax on employers and hand more rights to employees.
If, for whatever reason, we see a rise in unemployment benefits, we’ll just increase employment taxes again to cover the losses.
Plus, we can always ask those who keep their jobs to pay more too!
🚨 NEW: Rachel Reeves will use the Budget to impose a £2k-a-year limit on how much salary can go into a pension before paying National Insurance
The move will raise £2bn and hit salary sacrifice schemes
[@thetimes]
Or simply means-test the benefit.
Not only is it hugely expensive - we have vast amounts of wealth going unspent thanks to State pension income.
Looking ahead to the budget - I would be in favour of a tax system that uniquely benefits my personal circumstances 👍🏼
These are deeply sad and troubling times. Stay close to those dear to you. Tell them you love them.
RIP Charlie Kirk 🙏🏼
‘Right-wing influencer’
“Hit’ after shots fired’
What are we even doing at this point 😔
This is devastating. They are everything they accuse others of.
BREAKING: Right-wing influencer Charlie Kirk 'hit' after shots fired at an event in Utah.
"We must all pray for Charlie Kirk," says Donald Trump.
Sky's @skydavidblevins shares the latest.
trib.al/3BQfjY6
📺 Sky 501 and YouTube
The value of financial advice is hidden in the outcomes clients would have if they’d never met their adviser.
Record tax rises
Record illegal migration
Wealthy taxpayers leaving in droves
Business growth stunted
Job vacancies disappearing
Communities evaporating
Territories given away
£billions wasted on climate schemes
U-turn after u-turn with no real plan
People have had enough.
We’re being played for fools.
Gilt rates are higher than they were in October 2022.
Yet there is no media outcry or negative commentary from the @bankofengland.
Britain's institutions are complicit in this huge economic failure.
The cost of government borrowing (i.e. how much people distrust the government with their money) remains higher today than when @trussliz “crashed the economy”.
But don’t worry, they’ll raise your taxes (again) to pay for it.





















