New adventure

Nov 26, 2025

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Musings

An advent calendar of tax changes

We are now due a smorgasbord of tax changes a week today by Rachel Reeves since politically No10 & 11 seem to have backtracked on the 2p income tax increase. I think this is a mistake but we will now get a full list of smaller tax changes leaked including… Read More ⇢
Budget 2025

It’s time to call the budget in a few weeks and the impact we expect on the UK economy. No budget decision doesn’t change the environment we operate in and how we feel. I do actually feel sympathy for Rachel Reeves as she comes into a period of not being… Read More ⇢
Are you paying for yourself?

I have become slightly obsessed with the UK budget and how if you were running a business like the UK how you would not need to go back to the markets to ask for more money. We have done severe economic damage to ourselves with Brexit – a topic I… Read More ⇢
Is the UK going to introduce an exit tax?

Rumours are swirling that Rachel Reeves postponed the budget to work on the precursor of a wealth tax – an exit tax. It’s quite hard to look at a wealth tax before making it hard for the wealthy to leave. The £20-40m new black hole in public finances needs filled… Read More ⇢
The Wealth Tax Debate: A Bigger Picture

The debate around a wealth tax in the UK is everywhere. The rallying cry is familiar: the “working man” insists they already pay enough tax, pointing instead to wealth inequality as the real problem. The proposed solution? Tax the rich. But here’s the harder truth: the UK economy is sluggish,… Read More ⇢
Rory Sutherland on Land Tax

I have talked here about taxing property more and I think that there is some momentum in the Labour Party for looking at IHT and especially reducing IHT on your main home. It is mad that a property value has grown by 10-20x since the 80s. In addition tax on… Read More ⇢
Thoughts on the UK

I am pretty negative about the UK economy generally but do think that some of the Labour policies are more damaging in the long term. I have a few friends and colleagues that have left the UK before the beginning of this tax year or are planning to find another… Read More ⇢
Reform Property Tax

There is much talk about the challenges Rachel Reeves is having in balancing the books on a low growth economy like the UK. Having been elected on a manifesto pledge not to raise taxes on working people (I think this was broken last year!) she faces a large black hole… Read More ⇢
Cursor – AI Coding

I downloaded Cursor last weekend having been told that it was amazing to watch AI code in front of your eyes. I have done some coding in the past and spent a lot of my time wading through css and HTML over the last 30 years but I am no… Read More ⇢