Sion Griffiths

@JeevunSandher House prices are too high. Circa half that wealth is in residential property.

Workers spend more of their income than the wealthy. But our nation has been taxing workers *more* and the wealthy less. Wealth as a share of UK GDP has doubled since the Thatcher era. But tax revenue from wealth only rose by 35% over the same period. That's anti-growth.

@billybobbkk @OldEnglishBKK What’s the difference between the classic pint and the imperial pint?

Starting today @OldEnglishBKK you can finally get a proper pint in Bangkok. An actual Pint served in the a real pint glass

@CasinoCapital @higgyboson I thought it was only for the school holidays, which doesn’t start until later in July.

@higgyboson Bad luck Josh, Legoland are still charging 20% VAT on tickets when it should be 5% 🤔

"Well Josh, did your Mum happen to mention that she'll be able to save £1.64 on the family entry to Legoland during the summer"? "Yes Mr Starmer, and she asked me pass on her thanks. She told me to tell you she plans to take us twice in the holidays. That way she'll save over £3 which will be enough to buy a can of coke for us all to share". "That's marvellous Josh. I'm happy to help".

@phantom_khalid How much is it in the Marquis nowadays?

@LeeJarvis10 It’s fantastic. It only really loses its way in the final two seasons when the producers had had enough of it al.

Series 1 Done ✔️ Outstanding 👏

@redrumlisa Yep

Deindustrialisation and the continued wilful ignorance by every group of politician for 40 years to pretend that a service industry & financialization of our economy could replace our big heavy industries & industrial heartlands has come to an end. We are a broken divided & diminished country. Unless we have an economic plan of reindustrialising the country I fear that our decline will be permanent & divisions dystopian

@apathymachine @Porkchop_EXP The cost of buying and installing the AC units.

@sionster @Porkchop_EXP What cost? They last years and years. You'll only be running them when it's hot

The weirdest thing about the “europoor no AC” discourse is that there is AC everywhere in Southern and Eastern Europe so this is obviously not a financial issue. It is an ideological issue in Northwestern Europe, which is admittedly even funnier.

@dC6ApKSDLQ76682 @abalol They do eat McD’s but the most popular item is fried chicken with rice.

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@CasinoCapital @RemindMe_OfThis I was thinking about this and the time zone of the matches isn’t that conductive to people going to the pub to watch the games. I think the Latin American brewers $ABEV and $CCU are likely to be the big winners from your thesis.

Bought some #ccr C&C today Thesis: - They own Tennents lager - Scotland made the World Cup - Scottish people are going to drink a lot of Tennents next year Investing doesn't have to be complicated. @RemindMe_OfThis in 1 year

@FalkTG You do on the fringe with Shoreditch.

Frankfurt ist auf dem Weg wichtigstes Finanzzentrum in Europa zu werden und die Beschäftigten dürfen auf dem Weg zur Arbeit sich durch Spritzen 💉 🩸 von Drogenkranken kämpfen. Die aktuelle Politik der Hessen CDU ist brachial gescheitert. Ein Rücktritt überfällig. London macht vor wie es stattdessen geht. In der City sieht man keine Spritze oder Crackpfeiffe. Nirgends.

@AaronBastani They should have paid the licence fee to continue using the WHSmith brand.

WH Smiths shops re-branded as TJ Jones (bizarre!) saw sales fall over 10%. Ones that kept their name saw…growth. Dumbest/weirdest re-brand…ever?

@ChrisGrainger5 @Woodywudpeck @TheSecretAcct The £12,570 personal allowance also applies for dividends. So you could earn £13,070 in dividends before having to pay any income tax (assuming you have no other income).

@Woodywudpeck @sionster @TheSecretAcct If u have non-ISA shares paid out cash dividend, u gets a tax-free Dividend Allowance of £500. Any dividends over £500 are taxed at 10.75% for basic-rate earners. If u sold shares outside an ISA this year at a loss, they can be deducted from £10k profit to reduce the tax bill

For individuals I think the ISA allowance and SIPP are sufficient tax free wrappers. If you can invest more than £68k a year (£20k ISA and £48k net SIPP contribution) you can afford income tax on gains after indexation allowance (taking inflation into account). For owner managers there should be a £1m lifetime allowance with income tax on the excess gain but with indexation allowance. Therefore husband and wife get £2m. Property and other assets - income tax after indexation allowance. Main residence no tax. Those are my thoughts. What do you think?

@PubsSaving You have to post the price of said pint. I don’t make the rules.

One of the best pubs in Holloway! Charming, local back street boozer with lots of charm. The Swimmer at The Grafton. Fresh home cooked food. Excellent chicken, new potatoes with seasonal veg. Timothy Taylor Golden Best on cask. Free jukebox. #holloway #bestpubs #cask #hiddengem

@johnmactravels Ouch!

Off away on a stag this weekend. Airport pints are obligatory, but £8.29!! 😱

@Woodywudpeck @TheSecretAcct 10k less 3k allowance is a 7k taxable gain at 18%. So £1,260.

@sionster @TheSecretAcct Okay..so if I have £10k capital gains..I don't pay income tax ..what tax will I pay on the gain? That's what I'm trying to figure out.

@alansritchie @TheSecretAcct It is wealth. I’m not suggesting wealth taxing them, simply they should be taxed at higher rates when taken.

@sionster @TheSecretAcct Pensions are deferred income. Very simple to tax them as income when people receive their pension, stupidly complex to value them as wealth. So why should we change from paying income tax on pensions to paying a wealth tax?

@BlurredStones @TheSecretAcct However, if your gross income plus your realised capital gain goes over £50k you’d pay some CGT at the higher rate.

@TheSecretAcct Basic rate tax payers already pay 18% on capital gains so to go to 20% isn’t much of a change. It’s at the higher rates the gap is, strangely, much bigger. Yes to indexation and a simple way of administering it. I’d also keep the £3k allowance.

@Woodywudpeck @TheSecretAcct Pretty sure the income tax allowance doesn’t apply. Clue in the name. Although it does for dividends.

@TheSecretAcct I'm still trying to find out what happens if you don't pay income tax? Does the cgt allowance rise to c£12k before you then start paying basic rate above that?