Відео

Reckless government spending and lack of investment is the problems taxation is only feeding the welfare state tax relief for people earning less than £35k for be considered, on top of that cut the deadwood within government departments that already have huge amounts of money given to them, Healthcare and MOD are big money spenders and both of them don't really on the numbers, MOD alone was supposed to have a 3 tiered approach under Cameron, to purchase high end and off the shelf items and invest in future projects the first 2 haven't been done that's why there is a lack of kit in the MOD healthcare alone has too much deadwood, with half of the workforce just being lazy and passing the buck I know this because my gf works in the NHS as a consultant and she tells me day in day out how people don't do things right or just lazy and do not help, nowi don't know if this is due to low morale or just compliancy at the top but government could better spend money on making the people more productive, help them to be productive , pay better salaries and have in place a better salary scheme then based on inflation because that's just a con to them the NHS is the fourth largest employer in the world so the numbers of people isn't the problem its the way the culture is in the NHS that is cost us so much and its just a waste, on the other hand people need to grip with there health and YOLO approach is another reason the NHS is the way it is people do not care for there now health.

Without credit card you can't build credit score. There are cards for paying off stuff like Argos card that can help build credit score though!

So what does the government actually do with £1 trillion

At the end of the day stuff has got to be paid for! Nothing is free! Never was, and defiantly never will be! No matter who gets in power! It’s got to be taxes, no matter how much the nation wails and weeps about it!

Thank god I don’t have money 😂

I remember Labour from before. Vote Labour, vote for high taxes. We need a change, vote reform.

Excellent. It's high time asset rich people starred contributing to this country in the same way that the vast majority do with PAYE work. Bring it on.

Very good advice, but I have a few things to mention from my own experience: reliability, availability and cost of spare parts, public transport, family and business. Reliability is a big factor IMO, which is why I'm generally only interested in Subaru, and then Toyota as a consolation prize. Subaru are the best automobile in the world, the only downside is you will have some extra fuel costs as they're all-wheel-drive. Toyota do have some rust issues, but overall they're also good, a little cheaper on fuel. Forget anything European, they're all junk and expensive to fix and service. On my journey through life, I grew up in an area with no or very poor public transport. Thus, cars kept me poor, but I still needed to get around. Then, I married and started a business. Two things kicked in, I was going to have children AND needed to make an impact in the market as a successful young man (people don't want to deal with guys who drive old things). I did actually start the business while owning a 1967 S-type Jaguar (3.8 manual), it had a towbar and came in handy. I once heard a bloke talking about me, and to answer the question what's Horlor like, he answered; oh he's all right, bit of a yuppy, drives Jag. I knew then I needed a better car, so I went to see the local Toyota dealer and got an operating lease on a Toyota SUV with all the bells and whistles. This came with all servicing and a complete change of tyres when needed. This gave me instant recognition as a young chap coming up in the world, and I had a new car which wouldn't break down (and if it did, Toyota fixed it), and my family would now be safe as well. Following that, I went through a series of Toyotas until I paid cash for a Subaru new, and that was 19 years ago. This car is so reliable that if it could talk, and you asked it to find a workshop it wouldn't be able to show you as it doesn't know what that is. There is something to be said for regular oil changes, especially in those early years. Any piece of equipment that is an orphan and unloved child in its early years always ends up causing trouble (just my 2 cents..ahem). Anyway, I am now considering a Suzuki Jimny as my retirement car. This jeep is rugged, simple, reliable and it will likely be new so it can take me to my grave. If not, I'll consider a second hand Subaru, better non-turbo, anything with turbo in its name is to be avoided as well.

She is not an accountant she is a Tory

Vote reform

This really grind my gears! If everyone just pays what they owe and not find loopholes in tax avoidance we would be in a far better place. We’re quick to judge people claiming benefits but this is the ultimate downfall. It’s called greed.

lol the labour ad before this makes it seem like labour are sponsoring this, Freudian!

Has any politician actually got a decent plan except Reform. Why oh why is ANYONE voting for the big ot two. Vote Reform Save the UK. We are in danger of losing everything. Kids if you vote labour, you will be fighting in Ukraine within 2 years. This is not a game. Your life is in peril.

I'm voting reform UK

One area of Tax that most commentators seemed to have missed that Labour have said in the past they will abolish is Marriage Tax Allowance. Currently as a married man I can, with my wife's consent transfer up 10% of her unused personel allowance. This can increase your tax allowance by £1,250 per year or reduce your tax bill by £250 per year. This change will affect a lot people like myself who are pensioners.

Hi Kiran. I am 72 and retired. My company and state pensions + income from share dividends (ISA maxed out) + interest from savings is going to take me over £100k soon. What are my options to stay below £100k? Eis, vct, etc?

Check this out... Sir Kier's pension is protected by statutory instrument www.legislation.gov.uk/uksi/2013/2588/contents/made

So for the rest of the country us poor people will actually benefit from it, FANTASTIC. If these tax loop holes hadn't existed or been abused so much perhaps this country wouldn't be so shit.

As a self employed tiny business owner now struggling seeing cheap African, Indian and Pakistani imported labour (to cut costs, to boost companies profits), my work as a qualified, time served telecom/datacom engineer I have seen my income fall by 90% since October last year. I’m soon to be struggling financially as the little savings I’ve paid myself since the end of 2021 and tail end of covid (that decimated my savings & bill/cost of living increases) will see my small one man band business go under in the next few months. I’ll vote reform as labour nor tories have a clue of how it is too struggle. I’ll fold and sign on, claim as many benefits I’m entitled to as our govts seem all to happy to look after immigrants before their own and I can see there being social unrest within two years of the loony left in power and the create yet another mess like war monger blair, who created the slide to where we are now. A country dying on its knees.

Well if you are a car driver . As i am we are going to get well and truly screwed . From fuel to insurance. All part of the great net zero bollix

Great video. Thank you.

In the good ol' days, we simply called the 'asset rich' by their proper designation: privateering, rentier parasites.

"A rise in cap gains, might see a flight of wealth from the the UK...". Might...I'll tell you what happens if we change nothing, we will not be able to pay for even our current level of public services such that they are, nor our pensions going forwards. We all have to wake up and smell the coffee. We are in crisis and we need a solution. If not a fairer tax system for the poorest in society, then what?

This is mostly politically motivated speculation. Accountants primary function is to help the rich avoid paying tax whenever possible......

So on the one hand, the "hard-working families" that currently send their kids to private schools can't possibly afford to pay tax on top, on the other hand, some private schools are allowing them to pay multiple years in advance so as to "avoid" the tax. That's a broken narrative right there. Look, the vast majority of people who send their kids to private school can afford to pay tax on top. They might not like it, but in all likelihood, they can afford it. We face a social funding crisis. It's not right that the very poorest in society pay a disproportionate amount of tax. That needs fixing.

Starmer and co will turn uk into a left socialist state they have a big hidden agenda . Don’t vote Labour and live to regret it

God help us. This is one reason I’ll be voting for Reform. Great video btw.

I think its fair, if you got a lot money why not give it a bit to help the economy.

everyone will become a labour in labour rule! ffs

Time to leave the UK. It’s fucked.

I’ve seen a few explanatory videos on the 60% zone and this is the clearest one. Thank you.

No surprise there are not enough rich people in the uk to generate tax growth!

VOTE REFORM SAVE YOUR COUNTRY!

Is it better to invest in an ISA or pension for a basic rate taxpayer Ms Kaur?

Hi Kiran, as an employed solicitor who has now opened a limited company for consultancy work and someone who is due to receive a substantial bonus (performance related) this year, that was a really helpful video. I’ll definitely be purchasing a new electric car give that write off. Thanks for the video. Gurjit.

if the money doesn't come from the wealthy it will come from your broke ass pockets, stop whining you're not that rich

Simple rule: do not trust a word that falls out of kier starmers mouth. The man is biologically dishonest.

Dear, just explain one thing that the vat tax would be on total sales value or fba and refferel fees, or total profit made by sales on amazon? How can i calculate my vat tax as a across border seller. Thanks

Will not be told what any politic is doing by foreign people who are trying to take over our country, away back where you came from and see if you can be successful there.the real problem with this country is we let to many foreigners in!

Excellent... Labour will target "Virtual Signallers" .... awsum ... im sold \o/

Spoken like a true accountant. The rich will not jump ship. As for entrepreneurs, the US versions pay little tax over here and the large corporations are profit gouging like never before. We want a fair country, not a plutocracy governed by the likes of Sunak and Murdoch.

more scare mongering from a person who ensures the rich get richer and don't pay their fare share of tax. Wealth has increased for the UK's billionaires and has skyrocketed by over 1000% between 1990 and 2022. why shouldn't the rich pay more!!!!!! As for the Vat on private schools why not its an expense the same as buying a car.

Thank you so much! 🙏🏼 .. most of us are poor here in uk, they stripped us all apart those evil clowns 🤡

If I invest £100, then the next day I invest another £100, have I really doubled my investment?

They spend all this time slandering the Tories for the highest tax burden in history then want to raise taxes ... You couldn't make this shit up if you tried.

So for 101k you pay, 40600 (40.2%) (40400+ 1×200)/101000, and for 125k you pay 55k (44%) (40400 +125×200)/125000. For each 1000 you earn, 0.2% is added. So it is from 40% to 44% in 25 steps. No one under 125k y paying more than 45% tax. She did not say it, but it seemed that she wanted people to assume that, and judging by the comments of several people, they do believe that.

Hi please can you show us how to invest in an etf

Hey Kiran , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?

No....Labour would not be able to raise the taxes they need to complete Blair's destruction of the nation....They will go after the self employed like they did when they were last in power....They will also increase inheritance tax take by varying the amount people are able to pass on to their family....They want your house when you die to cover the cost of housing migrants and the workshy....

If you have the privilege of private schools then you should also have the privilege to pay tax on this luxury.