I worked like a dog all my life, I made enough money to retire comfortably at 50 years old. I never buy a new car, I live in an ex-council house, with no mortgage, and have invested the max in premium bonds. I done virtually everything in life I ever wanted, travelled the world, and have a great family with grand kids. Now, I managed my money very carefully, and watch in horror, as one government after another, blow our money on their idiotic schemes and pour money into their own pockets, if the UK was a business, we would be bankrupt for sure. Unfortunately MP,s are never held accountable for their stupidity, and we as the tax payers, always pick up the pieces, but what really pxsses me off, is these parasites, know that we can’t do a dam thing to change it!!!!! What a mess the UK has become!! And by the way, I am only a Welder, not some high-flyer like our people in authority.

@DaysOfDarknessUK

16 күн бұрын

Agree with the bankrupt thing. Cashflow is the heart of a healthy company - if you have a negative cashflow, you have to cut costs - UNLESS you are government, you just harvest more cash by ripping off the population & keep spending on shyte.

@kevinmccormick432

16 күн бұрын

Well said Jon!

@richardwhite1120

15 күн бұрын

@@jonwelderbeast.438 2 things Jon, you are NOT only a welder and this country is already bankrupt both financially and morally.

@martinmurphy9679

14 күн бұрын

I worked all my life and retired at fifty. Oh, okay then.

@jonwelderbeast.438

13 күн бұрын

@@richardwhite1120 Well I ain’t no Nuclear Scientist, or an academic, but I am happy with that!! I trained for 4 years and studied Welding, so what does that make me, a Flower Arranger?? lol.

Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

@JohnsonAshley-sy3lx

Ай бұрын

Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving

@Franklin-gq4si

Ай бұрын

Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

@BernardFrederick-tk7un

Ай бұрын

After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.

@foreverlaura-fq4eu

Ай бұрын

Mind if I ask you to recommend this particular advisor you using their service?

@BernardFrederick-tk7un

Ай бұрын

The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

I was born with nothing and still have most of it left.

@ianashton1593

Ай бұрын

That’s hilarious 😂

@clovermark39

Ай бұрын

Me too! 😂

@auditt5450

Ай бұрын

Wrong mentality

@tancreddehauteville764

Ай бұрын

Join the club mate.

@bluenose007

Ай бұрын

Sea sick steve

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

@kevinmarten

21 күн бұрын

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.

@Jamessmith-12

21 күн бұрын

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.

@JacquelinePerrira

21 күн бұрын

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

@Jamessmith-12

21 күн бұрын

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

@JacquelinePerrira

21 күн бұрын

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

By 2030, Klaus Schwabb told us we'd own nothing and be happy! Labour will beat that by a year or two.

@RobertSimkin

17 күн бұрын

I think you will find that this government won't last a couple of years

@rebopdeluxe9463

14 күн бұрын

Labour and WEF = same

If they touch ISAs, pensions or capital gains they will be out the door in 5 years

@adamday2067

Ай бұрын

Oh no, they will be out within 2 years !

@gringadoor5385

Ай бұрын

@adamday2067 well that would be highly out of ordinary but who knows when they'll be taking all blame for the upcoming recession

@AnnetteCurtain-tc4mh

Ай бұрын

Labour will struggle to stay in power for a term,government keeps getting bigger and more costly.The country needs smaller government.

@davidmccormick3742

Ай бұрын

@@thetruth9210 You could vote populist? I.E. Geert Wilders of The Netherlands!👍👌 But The citizens of the United Kingdom are way too obtuse Thick & Dumb to do so;

@davidmccormick3742

Ай бұрын

@@thetruth9210 You could vote populist? I.E. Geert Wilders of The Netherlands!👍👌 But The citizens of the United Kingdom are way too Obtuse Thick & Dumb to do so;

Capital Gains Tax on property is essentially theft, as there's no actual gain, it's simply that the money required to buy the property has fallen in value, therefore more of it is required.

@LilOlFunnyBoy

27 күн бұрын

Doesn't matter.

Remember when they argued that 17m voting for Brexit was NOT a consensus, how about 9M voted for Labour BUT 58M didn't.... this does not represent a mandate from the people

@alistairrobinson3865

Ай бұрын

@@colinnicholas5482 Brexit was a historic mistake and will inevitably be gradually undone….

@neilbrown9797

Ай бұрын

Hi Carl what to total idiot lol. The tories left the country bankrupt.

@tomonetruth

Ай бұрын

True, but so what?

@matthewcook9404

Ай бұрын

😂😂😂

@davidmccormick3742

Ай бұрын

@@tomonetruth Proves The United Kingdom has a Corrupt Non Democratic Voting System in place;

Labour do not seem to like people who want to work hard and save, save for their children and family.

@michaelellis7326

Ай бұрын

Hence the country will go to the dogs very quickly !!!

@davidb6403

Ай бұрын

Michelle Mone wants a word

@davidb6403

Ай бұрын

@@michaelellis7326 lol where have you been for 14 years?

@troglodytestroglodytes220

Ай бұрын

@@michaelellis7326 keep reading the Daily Mail 😅

@patmartin9727

Ай бұрын

Labour are the party of envy and hate anyone who has worked and have savings and pensions. I have worked full time and saved for 50 years.Paid all my taxed over this time but according to Kier Starmer doesn’t think I am working class. Apparently you need to rely on the state for support and spend every penny that comes into their hands. Smoking their head off, sitting in the pub or in front of the TV with a few cans of beer to be classed as working class.

Have they any intention of taxing the people who are getting wefare benefit and free housing whose income is more than £15k a year, there are millions of them?

@susie5668

28 күн бұрын

Shut your mouth 🤐

@alisonsweeney7638

20 күн бұрын

My thoughts entirely with this too.

@karlpennington72

4 күн бұрын

I'm ok I live on 8k a year it can be done with no debts😊

This is very good advice. Anyone who thinks Labour isn’t going to tax us to high heaven is deluded.

@barking_mad6649

Ай бұрын

Levels of tax are less than under Thatcher. Look at capital gains tax. This was the same as income tax under Thatcher. Yet somehow it's now less. Problem isn't tax, it's lack of growth.

@ty194

Ай бұрын

​@@barking_mad6649I know you think you made a point, but you really didn't - you just made a strawman argument.

@jasonbuksh2958

Ай бұрын

@@barking_mad6649 no - it’s massive mismanagement and bad spending by the state

@ronaldsimpson8890

Ай бұрын

Explain how Labour can improve services without taxes , the Torys gave billions to their donors and cronies ,now well out of the UK economy, Sunaks wifeis a great example.

@ty194

Ай бұрын

@@ronaldsimpson8890 I didn't realise I was paying 0% tax. Where has all my money gone? 😲

A new border force, hell fire thats a joke

@kevlahead7278

Ай бұрын

Should be labelled for what it is. The British Migrant Free Ferry Service

@davidmccormick3742

Ай бұрын

@@kevlahead7278Or in other words The RNLI? The official Alien Transportation Service;

@cryptotharg7400

Ай бұрын

@@kevlahead7278 We laugh, but "They" absolutely intend to turn the UK into a Turd World Shithole.

@lkearney7299

Ай бұрын

A joke indeed. Unbelievably pathetic, they're an utter waste of taxpayers' money.

@SaxJockey

Ай бұрын

​@@lkearney7299New Border FARCE. Presumably the prime minister (human rights barrister) is all too familiar with the reason why the Tories have dismally failed to dramatically halt illegal migration. The establishment (all major parties) are scared of opposing European/International agreements. Until they get their act together, grow a backbone and actually put in place EFFECTIVE legislation/laws to STOP the illegal flow, nothing will change. It's all just a show, to make it look like they are doing something.

Annoying - after years of being told to save into your own personal pension because the state pension is pants - the state comes and incrementally taxes your personnel pension

@thomyoutube3478

Ай бұрын

@@jasonbuksh2958 Governments steal everything from the productive to give to the unproductive. Besides we wont need it as after our 437th WHO mandated MRNA shot / lifetime of Davos-sponsored bug protein smoothies we wont be reaching retirement age anyway...

@alistairrobinson3865

Ай бұрын

@@jasonbuksh2958 nothing has been announced remember, this is just pure speculation

@wyldwiisel9126

Ай бұрын

@@jasonbuksh2958 gold sovereigns can't be taxed keep them under your bed

@jasonbuksh2958

Ай бұрын

@@wyldwiisel9126 They can be stolen though. Also, the seller now has to submit a record to the goverment - so they know. Also, if you attempt to 'cash' them in - they also have to register this with the goverment .... as well as al the assoiacated risks that comes with that

@RomaCharly

Ай бұрын

Personal pension has always been taxed but instead of having to pay a lump sum every year it is deducted every month

well all those pensioners and working people that voted for Labour..... they are now coming for your money! That will teach you for voting for them!

@TheBlokeNextDoorMusic

Ай бұрын

Everybody wants services, nobody wants to pay for them.

@SuperJinxter

Ай бұрын

Yet you stayed quiet as a mouse while the Tories systematically destroyed all public services and pushed the UK’s debt to nearly 100% of GDP.

@tancreddehauteville764

Ай бұрын

Rubbish!

@ty194

Ай бұрын

​@@TheBlokeNextDoorMusicSo you're saying that the Tories didn't tax us enough?

@TheBlokeNextDoorMusic

Ай бұрын

@@ty194 no they stole pretty much everything for themselves. But fixing things will cost money in the meanwhile, whilst the extent of the damage, undoing dodgy contracts etc. Or are you saying everything should come to a halt meanwhile?

There are enough reasons for civil unrest as it is. If they raid pensions and savings there WILL be civil unrest. I am a common man yet I am scared I won’t pass my very modest house to my needy children. The reason public services are in the mire is their salaries and ensuing pensions. Head teachers on over 100k mant nhs managers and Drs on 100k+ council big wigs the same

@colinturner3607

2 күн бұрын

You have hit the nail on the head. Worthy as these jobs are, Doctors and Head teachers, they are not worth 100 k plus per year.

They'll come for your pensions, your savings and your property. I wouldn't put it past them to impose rent caps, licences for serviced accommodation and if you're an elderly couple in a big house, compulsory purchase to push you into a small flat and repurpose your house for migrants.

@nicks4934

Ай бұрын

😂 keep stressing ❤

@howardgresham1975

Ай бұрын

It sort of started in a small way with the Tories. It may well accelerate under Labour

@karlclark8625

28 күн бұрын

I think landlords need bringing to heal, they have put rents far above the property's value and auctioning rent amounts, which pushes up rent. Also, I think the very wealthy should be doing more to help struggling public services. Multi-millionaires have gotten away with paying less tax under the Tory government.

@LilOlFunnyBoy

27 күн бұрын

​@@karlclark8625multimillionaires have got richer as the country gets poorer. The sycophants and wannabes will say it's because they work harder. 😂

@curtismantle

7 күн бұрын

Ah… using landlords and the most productive in society as scapegoats and punishing them rather than addressing the real issue… the ever increasing size of the state.

So few governments actually consider reducing costs, like overstaffed non medical parts of the NHS, or the many bloated parts of the Civil Service.

My recommendation is to leave the country. All Britain has to look forward to is a violent, communist nightmare more like North Korea than the country we grew up in.

@iannoble404

Ай бұрын

😂😂😂

@johnj4860

Ай бұрын

The problem is finding somewhere stable and where your capital/income would be safe

@offgrid7837

Ай бұрын

@@johnj4860 If you can do it multiple jurisdictions and multiple passports are the way to go. Permanent traveller status is the best of all.

@stephenford2758

26 күн бұрын

Leave and don't let the door knob hit you in the ass!!!!!!!!!!!!!!!

@Goodman849

21 күн бұрын

I'm traveling all the time and feel like a feather in the wind

Adult social care bill is massive. Look into this... A massive part of this budget is spent on Hotels for folks who have decided to pay Human Traffickers to get to the UK.

@narinderchander

Ай бұрын

The Tories tax cutting for the rich bill is massive too! Not to mention waste on faulty PPE, which has been written off by a Tory PM.

@user-zw3bg9vr5g

Ай бұрын

@pickashole I agree with you 100% I am appalled at the plans to punish people born in the UK who are sick and disabled, they are getting blamed for the huge increase in claiments. Yet they fail to mention that the DWP have been told to fast track Migrants presenting with Post Traumatic stress disorder for housing and benefits. One of their interpreters revealed that the migrants are now couching each other on how to present with PTSD. Yet British people with mental health issues are being insulted and called lazy many are living on the streets. All of our systems have been cut back to the bone. Our jobs are being lost to over seas companies. We have nothing left in the UK for us to grow from. Now Labour has made this all worse by shutting down oil and Gas. We don’t have the infrastructure set up for all the demands that are going to be put on the system that is woefully inadequate. Looks like we are all going to freeze this winter. We are going to have lots of power cuts and freezers full of food going bad. Thanks for nothing Labour your plans for energy are crazy! Especially now when we could end up being dragged into a global war. You lot need to seriously wake up to protecting the people who live in this country. Life is hard enough right now.Stop making things worse.

"Wealth Tax" is the scary one. They might just be insane enough to try it.

@michaelellis7326

Ай бұрын

That's GUARANTEED !!!!!!

@Goodman849

21 күн бұрын

Hence why I left Netherlands

Would not surprise me if Labour made any new tax rules retrospective.

@wyldwiisel9126

Ай бұрын

They backdated tax rules three years on offshore workers so there is already a president for back dating tax changes

I think the Laffer curve will kick in meaning the more you try and raise tax the less you get in.

@andrewhill9369

Ай бұрын

Bueller? Bueller?

Labour will always be Labour. Tax anyone who works, to give to those who can't be bothered. Bring everyone down to the same level rather than trying to encourage people to better themselves. Why work hard when you'll just be taxed to death for doing so.

@julianlacey6837

Ай бұрын

Well I can't be bothered with the UK anymore, when do I get my free money, I know when labour has all of my hard earned money first

@davidb6403

Ай бұрын

ha ha ha cry harder Tory boy, your grift is at an end!

@julianlacey6837

Ай бұрын

@@davidb6403 those that cry first, cry the longest, the poor and the not so poor and now many of the middle class workers will pay the biggest personal costs, the more fortunate take their money away to a better place and laugh the longest at the folly of over taxation

A global pandemic was exactly what was predicted. In October 2019 to be precise at Event 21.

@Dripmillionz

Ай бұрын

Finally, someone who gets it 😁🤝

That a new border force to bring more boats in

I guarantee they won't do anything that affects their own wealth - in fact they will try to increase their own wealth. There is more people working in this country so more people paying taxes so where is all that money going. Perhaps they need to look at that before they make any plans to rip the public off.

@janebruce6625

Ай бұрын

Yes I agree , like disabled people that are being penalised , those who have long term illness have to pay carers to look after them , the enhanced rate of care component goes on caregivers showering the disabled, people have to cook for them , cleaners , people have to wash their clothes , and now they want to pay them in vouchers , I’m disgusted that long term disabled people who have carers are being affected like this , but it’s not a problem to give money to illegal immigrants , who live in 5* accommodation , are given EVERYTHING FREE , food , clothes , iPhones , pocket money , these immigrants haven’t paid anything into our system but are taking everything out . Disabled people haven’t always been ill , they’ve contributed. I’m livid …

@michaelellis7326

Ай бұрын

Not only Labour do that !!!

Billions to foreign aid 😢

@sid35gb

Ай бұрын

@@grahampayne8376 what doesn’t your boss not like the generous donations of free javelins,Nlaws and storm shadows 😂

@paultrim8059

Ай бұрын

So labour following what the torys did for past 14 years😮

@davidpalmer2285

Ай бұрын

And to Ukraine and to housing the Illegal immigrants

Done that. All my savings are in gold bullion stashed in a place outside the UK. Known only by me. The next person to find out will be the reader of my will. At that point I won't care.

@carlrobertsifa

Ай бұрын

Always good to have some gold and I think a good choice to go for actual physical code over ETCs.

@fastpistonx

Ай бұрын

Very good move indeed . You're ahead.

@mikediskin3090

Ай бұрын

You moved very quickly to do that since July 4. Im guessing that has little to do with a labour government. And its in a bonded warehouse in Switzerland!

@fastpistonx

Ай бұрын

@@mikediskin3090 Strongly advise against Switzerland. Remember they're confiscating Russian funds. That shows the Swiss give way against EU pressure. If they do that with Russia, it can be done against small people. Store gold in Asia.

@PSYCHIC_PSYCHO

Ай бұрын

@@carlrobertsifaHow are public services to be funded?, with your shite?

Suggest you read David Roger Webb’s book ‘The Great Taking’ and see the plan to take all your wealth including physical assets.

@annetteoliver2061

Ай бұрын

It was free to,download as a pdf and Parallel Systems on KZread did a good interview with the author

Yes labour only been in for a week Already. Water bills increase Council tax increase soon Labour happy with the BBC licence .... Letting out prisoners No point investing in UK No future

@G-Man..277

18 күн бұрын

Don't forget child murders

@richardjjones2581

11 күн бұрын

And pensioners being robbed of Winter fuel Allowance (that there Mr Blair brought in!!), all this within a week!!

Fossil fuel tax ,pay per mile driving,carbon tax,

I wonder how many Labour voters came to watch this video.

Turkeys. Voting. Christmas. Need all that money for cronies and laundering in Ukraine etc.

@markmiller4538

Ай бұрын

Then again - where's the audit of where it all goes...?

The poor are finished. Anyone working for minimum wage will be on the streets by the end of Labours term in office.

@janetmalcolm6191

Ай бұрын

The poor are finished now after the Tories! Where have some people been.

@ty194

Ай бұрын

​@@janetmalcolm6191Okay, and?

@janetmalcolm6191

Ай бұрын

@@ty194 See what Labour ends up doing. Nobody knows. A Govt needs time.

@ty194

Ай бұрын

@@janetmalcolm6191 I've already seen that they've started letting deplorables out of prison and they plan to tax everyone to high heaven one way or another. You make this about Tories and for the life of me I can't see why at this point people are so partisan.

@alistairrobinson3865

Ай бұрын

@@BillyBanter100 we have 30% children living in poverty after 14 years of conservatives……. labour will reduce inequality

Build council houses for workers not the unemployed the rental income from that will generate revenue for councils to spend on services

Thanks to the last Government, I don't have any 'wealth' any more! Problem solved.

JUST SUBSCRIBED: Thanks doc. I was searching for info on statins as I was just placed on it due to high cholesterol at almost 7. So glad I found you because I took it just for 2weeks and began to feel loads of nasty health side effects. I was never told any side effects except when I asked the pharmacist who said I should just read the instructions!😢 Doctor, would you also talk on how statins might affect a lady on menopausal hrt? Thank you

Fuel duty will skyrocket

I don't think that you need to worry we have a Tory PM again.

What wealth did anyone accumulate in the last 14 years?

Crap. Debt and welfare.

Very well explained and presented Carl, clear and straightforward.Look forward to your next blog.

@philwhitelaw3111

Ай бұрын

Soon to be repeated with bird flu just in time to increase the number of postal votes in the American election.

I took my pension early to compensate / firefight the brutal increase in interest rates as have a chunk of borrowing secured against a hard earned Rental Business. This was after the Government's greedy Section 24 Landlord Tax. I now work for the banks giving them all my cash every month. Can't sell as interest rates depict a buyers market. Trying to remortgage is tricky. I will be happy when it's all over and I have nothing.

As a UK Pensioner and with LABOUR clearly targeting us on all fronts . HELP HELP HELP . Having worked and saved all my life who could have predicted this .

We dont have a tax income problem we have a tax waste problem, the country is in a slow death spiral and its only if Labour make this a fast spiral or not

As an early retiree with my pot already in a flexible draw down fund, what should I do to protect my pension pot? Emigrate?

@michaelellis7326

Ай бұрын

Exactly !!!

@kennethbowry1521

16 күн бұрын

PUT IT IN AN OFFSHORE ACCOUNT, TRUST NOBODY.

Too late - the Tories took everything from us.

Health is important as well.

At the end of the day ,all labour will want to do is spend more " other people's money"

@janetmalcolm6191

Ай бұрын

Like Tories have over 14 years? They squirrelled tax money away but no services for people.

@stephenford2758

26 күн бұрын

Only 850 Billion in debt with a AAA credit rating in 2010. In 2024 we have a 2.75 TRILLION debt and an Aa3 credit rating. Now that's what I call wasting other peoples money.

They will all feather their on nests as usual

I take on board what he is saying but some of the recommendations may turn out to be costly. For instance, he recommendeds that you use your full ISA allowance, but that might turn around and bite you on the arse if the government takes into account your savings if they decide to means test your state pension

Thanks Carl excellent content

A bit late dude. We are worse off NOW due to the conservative government

Another really interesting and insightful video, thanks Carl 👍. Definitely worried about potential CGT changes in the next couple of years, so will be keeping an ear to the ground on this subject.

@carlrobertsifa

Ай бұрын

Thanks Colin. Yes CGT keeps coming up so something looks likely.

@MENSA.lady2

Ай бұрын

Buy UK Gold sovereigns or Britannias. As they are legal tender they will always be free of all taxes.

@fastpistonx

Ай бұрын

Get your gold outside the UK in a nondisclosure safe jurisdiction. Go for gold bars as a preference.

Very valuable information 👌

Wealth tax is one way or another very likely. Land tax is likely. Land use tax is quite probable. The country is in a dire mess for one obvious readon, over spending and unwise decisions. The country has sold off it's assets so the working person must pay

I would expect a big reduction in the annual ISA allowance and quite likely a lifetime allowance on them too; I doubt Starmer & Reeves have much sympathy for the increasing cohort of ISA millionaires! For my non ISA & pension assets I have instructed my wealth manager to switch mostly into worldwide index tracking funds which won't need much if any annual rebalancing, thus triggering gain realisations, and I'll also be moving more into offshore bonds so I can withdraw up to 5% pa tax free for at least 20 years (which I hope will see this government out!) while still, I hope, benefitting from gross roll-up. On IHT, I wouldn't be surprised to see lifetime transfers brought into immediate charge (effectively Capital Transfer Tax resurrected), with the 7 year rule abolished. I'll be interested to see what they do with VCT, SEIS and EIS which I have found vey useful.

Get out of their system.. buy gold n silver in your own possession.

@michaelellis7326

Ай бұрын

If You Have funds in the meantime !!

I’m completely happy with CGT going up, I pay CGT and it’s fine. There needs to be wealth taxes, you simply can’t tax income of the poorest any more. I’d increase the 45% income tax rate to 50% and use this money to increase the basic rate threshold. I pay 45% tax and I’m ok with it. The country is broken and it needs fixing. For example im using my private health insurance to get an operation that has a two year waiting list on the NHS. It’s simply not fair. If you earn huge amounts of have huge wealth then pay more tax. As for my kids, they will inherit no more than a house, I’d simply ruin their lives if I left the £2m. I guess looking at the comments this won’t go down well, but seriously how much money does anyone need when there are millions of people in work claiming benefits and using food banks.

@foilrider2000

Ай бұрын

The trouble is no matter how much tax we pay it is constantly squandered, ie Ukraine and illegal immigrants expenses.

@fastpistonx

Ай бұрын

Thing about your kids in regard of where the UK will be in the future as the old world fades away.

@sid35gb

Ай бұрын

@@foilrider2000don’t talk nonsense sending old equipment to Ukraine saves the UK money because it’s cheaper, as for migrants the Tories defunded the processing that caused the problem so that rich Tory donors got £4000 a day to have the asylum barge mooring on there land or putting up migrants in their substandard accommodation at taxpayer expense. Ignorance and corruption is what you get from the Tory’s labour has a proven track record on dealing with migrants that the incompetent Tories couldn’t even get close to.

@kobalos73

Ай бұрын

And that's the healthiest approach to taxation and an indication of a mature and responsible citizen.

I wonder how many train drivers will have to decide between HEAT OR EAT this winter.

Thank you for sharing your knowledge. ❤

Which is code for don’t pay your required taxes which provide services for all. Says it all. Greed is good said Maggie. And those who don’t pay into the system can’t expect roads, lighting, refuse collection, trains, schools, libraries, courts, etc.

@rabhaw2327

Ай бұрын

those who don't pay into the sytem are the richest in the UK

Anyone who voted Labour needs help!

5:05 I'm no fan of Labour but I do think Starmer genuinely mispoke a week or so ago when alluding to 25% tax free cash on pensions. His words didn't make sense at the time (e.g. pension TFC is not going to "lapse" in a few years) and the subsequent clarifications were pretty clear.

@stefanoprivetto6744

Ай бұрын

Freudian slip, I think 🤔

@JohnBeeblebrox

Ай бұрын

@@stefanoprivetto6744 Maybe, we'll see - Labour will have a potential revolution on their hands if they try it though...

@ty194

Ай бұрын

Starmer seems to be "misspeaking" a lot.

I am more than happy to pay a little more on my taxes if it helps those less fortunate than myself and also goes towards paying for a decent NHS, Public Transport, Clean Rivers and waterways, Education. The problem we have is that everyone wants tax cuts at the expense of the aforementioned,. The Tories have screwed up the economy and the country big time and should never be given the opportunity to get anywhere near the levers of power.

@simonwalters912

20 күн бұрын

But you already are paying “a little more” into health and social security measures but they still do not help the less fortunate because they are poorly run.

@JC-un4bg

8 сағат бұрын

It won’t tho . We could give them everything we have they would still fuck it all up

whatever they do do, it should be in the form of simplification, not further complexity

Great info keep it up, subscribed.

The state should be no bigger than a quarter of our economy.

You do know that the highest tax burden in 70 years was under the last government. And that the frozen personal allowance means that there is a year on year tax increase.

@painfulorwhat8872

16 күн бұрын

Labour - “Hold my beer!”

Remind us who increased the debt?

@ty194

Ай бұрын

Do you want a list?

Do you think they will make state pension means tested? ( I hear lots of rumours on this)

Which country do we have to bank in.? Don’t save for retirement.. spend spend and enjoy my advice as a pensioner been recently robbed by local governments

Would like to see higher rate pension tax contributions reduced to a flat 25%. This also for those who earn below the higher rate £50k threshold. In effect a flat 25% contribution. It’s those on lower incomes who aren’t saving enough for retirement 😢

Have nothing to protect, but they can have my last can of beans if they like. 🤷‍♂

Shameful upload. Why not help people who needed to resort to food banks to survive? The Tories have driven most people into poverty by austerity and Brexit, both problems that were caused by the rich and the bankers. And now the taxpayer has to bail them both out! Shameful!

Will they really stop me receiving my state pension just because i’ve paid off my house?

@Annie-ez4ol

Ай бұрын

Yes.Where else will they get our money.

@lynnfincham6839

10 күн бұрын

Same . I’m still working. Was looking forward to receiving my pension. If I sell and downsize I will be taxed if the house fetched more money. If I have more money I can’t get help with any benefits. Or if I do get a pension it will be means tested. I’ve got 3 half years before I retire the future is grim . 😕

Taxes are 70 year high under the Tories .I got no money left under the Tories.

I think a wealth tax should be put in place, for to long the very wealthy have gotten away with paying less tax. Those with the broadest shoulders should be doing more to support public services. Also, housing reforms are well over due, special attention should be placed on landlords, rent amounts, and free and lease holds. For too long the tories have aloud the rich and super rich tax loop holes to hide away their insane wealth.

This low tax / small state ideology is great at saving the rich lots of money, but the majority of people will save very little and then have to hand over life savings if an elderly relative needs care, a false economy. Will be interesting what labour do in the autumn statement, as you point out there are loads of options to increase tax, none of which confirmed in anyway, but to have functioning public services and control debt, increases are likely.

@ty194

Ай бұрын

Well, have you ever seen it to know that? When was the last time we were low tax / small state? Were you even born? I know I wasn't.

@alistairrobinson3865

Ай бұрын

It’s a statical fact that UK is one of the lowest tax countries in Europe as a % GDP eg 2022 OECD statistics UK 36%, NL 38%, Nordics 41-44%, France 46%. I lived in NL 13 years where taxes were much higher but public services were amazing and day to day life was much easier than UK. Other countries target wealth much more than UK, I have a low 6 figure income but after pension credits pay approx 15% income tax a year, no wonder nothing works here.

@ty194

Ай бұрын

@@alistairrobinson3865 No let's not play the GDP game, when that doesn't translate to GDP per capita i.e. a real measure of wealth per person and how well people are doing.

@alistairrobinson3865

Ай бұрын

@@ty194 agree gdp per capita much better measure of wealth, but we are not talking wealth, we are talking taxation and the main benchmark used is tax revenue % gdp. I’m not suggesting average earners should pay much more tax, more that the loopholes exploited by the wealthy should be closed to bring in more.

@ty194

Ай бұрын

@@alistairrobinson3865 But the problem is you're using the GDP argument to make the case for us to be taxed more asserting that we are a low tax country when that's not true. Playing the overall GDP game doesn't give you a true picture as to how highly we're taxed as individuals especially when you factor in indirect taxes. If you did, you will find that we're one of the highest taxed countries in the world outside of complete basket case countries. We are absolutely not a low tax small state country. I don't know how anyone can come to that conclusion.

Greed is a terrible quality to possess. Let’s just redistribute the wealth so that everyone has enough to live.

@Jaques2go

Күн бұрын

Thing with that, commun ism, you give 2 people £1000. One person works hard investing it in a. Business & then in 10 years is a multi millionaire. The 2nd person spends the £1000, has nothing left & lives on benefits....which us paid for by the 1st person....do you really think it's fair to then take half the money the 1st person worked hard for and give it to the one who became a drain on society & never worked?

Hold some CGT free gold at least 5-10% of your wealth

Pull down equality. They say we need to be fairer and more equal but they don't raise those worse off up to a higher level, they just pull down the successful

All we need to know is that governments dosen't care about the average middle class joe; we are nothing more than a cash cow.

Capital gains on the main home would make sense.

Investor here, we need to pay more tax. Im happy to pay wealth tax if it means the 14000 or so UHNW in uk are doing the same.

How.... cash everything and move to Switzerland

Very good talk. So i subscribed. It better not be the case that I've saved hard all my life when i should've spent it all on having fun at the time. Does the govt want us to be irresponsible spenders rather than people who don't have to rely on the state in old age?

Sunak is guilty for the massive increase in debt.

@kaymilstead4374

16 күн бұрын

I think that was the pandemic . Has everyone forgotten all those furlough payments ? They have to be funded by - taxpayers !

excellent as always！

It seems to me the markets have already been spooked by this government, my pension has lost £10k in the past week.

As my dad always said come into the world with noting go out owing

Happy I left England 21 years ago never going back

Buy BC cold storage

Capital gains tax Up, Dividend tax Up, Corporation tax Up, Inheritance tax Up, thresholds frozen as more and more middle income household's dragged into higher income tax bracket, all happening, l think it's time to leave the UK !

Can you be more specific (on the date) in regards to [5 mins & 15 secs] "that the current agreement is due to expire in a couple of years" ... would this be for April 2026 ??? ... and do they not have to give any notice whatsoever ? ... or that they can announce it at midnight of the day before implementation ? ???

Another option is to leave & live a much more free & abundnt lifestyle than you'll be able to do in the U(SS)K

How safe is my interest on savings in banks etc, against worsening of tax by the new government

@ 2.38 Who would have predicted a global pandemic? Quite a few of us actually, if we were paying attention and were aware of the numerous predictions and forward panning, such as Event 201.

Has this guy got a time machine? It's not what Labour might do. It's what can they do.

If we have to pay a bit more tax, It will be worth it to get working public services, especially the NHS and police.

@martyndawson7484

Ай бұрын

Like that will happen!