Alan Smith

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From next year, if your kids inherit your pension fund, they could pay 74% tax on the amount received through double tax (inheritance tax and income tax on the same fund). In, fact it could be as high as 84%. Madness!

This is the most destructive government in living memory - and that’s saying something!

Yep …

@hendersond101 🤣

@AlanJLSmith More spin......?

Honestly, you’d think it was a parody.

@mustufa4socials Bad take

Some indices still consider South Korea to be an 'emerging market' - this is where we are now.

Another one gone. He paid hundreds of £ millions in UK tax and donated £45m to UK charities. But he’s had enough and left now. Moved to Italy/Abu Dhabi. Guess who’ll have to pay even more tax now to make up the shortfall?

The managed decline continues unabated.

Charlie Munger warned us: “Show me the incentives and I’ll show you the outcome.” The UK government listened… and froze the tax allowance Then built a 62% marginal income tax rate for anyone earning between £100k–£125k. What does that incentive say? “Work harder - and we’ll take most of it.” “Push for promotion - and you’ll earn less.” “Build a business here - but don’t you dare succeed.” And then we wonder why: • People refuse overtime • Senior staff decline promotions • Entrepreneurs move overseas • Productivity flatlines This isn’t economics - it’s intentional self-sabotage.

With the Bank of England’s past record of forecasting, I think we can safely ignore this one. Strange announcement though.

Not only will many bereaved families have to pay inheritance tax on the deceased’s pension - if they don’t do it quickly, they’ll be fined and charged interest. Just seems vindictive at a difficult time.

@GumpyInvestor 🤣

@AlanJLSmith Not true, Alan, I read that the government are investing £500k to turn Barnsley into an AI powerhouse 😆

Two things are happening in the UK at the same time: - AI companies are launching and scaling fast. - The government maintains an anti growth agenda. Imagine what could be achieved if we had a pro business administration in place.

“One wealthy Non Dom pays for the benefits of 50,000 people - who’s going to pick up that bill when they leave?” One of the UK’s most successful entrepreneurs, @SirTomHunter contacted the government and offered his ideas, advice and support - for free. He didn’t even get a reply… Full conversation on the Bulletproof Entrepreneur podcast.

GDP growth - down Number of jobs - down Electricity costs - highest in the world. Government progress report by @frencheconomics not looking good.

It gets worse… Key Facts from NEST’s Official Reports (as of late 2025) Equities allocation (default Retirement Date Funds, which cover ~99% of members): - ~40%+ in “Climate aware global developed equities” - ~3.5-5% in “Climate aware global emerging market equities.” - 1.3% private equity, ~0.9% thematic equities, ~0.5% Sharia-compliant equities.

@clairebubblepop wtfhappenedin1971.com

Said this before but I’ll say it again. Just one lifetime ago in the UK, our fathers could buy a home, buy a car, have 3 to 4 children, wives could stay home, take annual vacations, and then retire… all on one middle-class salary. What happened?