higher tax Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/higher-tax/ North Devon's Leading Wealth Managers Mon, 04 Aug 2025 14:30:11 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.1 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png higher tax Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/higher-tax/ 32 32 Raising tax without result https://www.miltonpj.net/2025/08/01/tax-collecting-without-result/ Fri, 01 Aug 2025 09:00:00 +0000 https://www.miltonpj.net/?p=11925 It seems this Government is being the most successful at raising the rates of tax yet collecting less cash as a result – and doing untold harm to the economy as well as consumer and business confidence the same time. No, this isn’t political comment; it’s simply financially factual.   Whatever one’s politics and no, it’s […]

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]]> ‘Unexpected’ inflation really wasn’t https://www.miltonpj.net/2025/07/26/inflation-rise-is-not-unexpected/ Sat, 26 Jul 2025 15:35:20 +0000 https://www.miltonpj.net/?p=11913 So we have been greeted with an ‘unexpected’ 3.6% inflation and unemployment rising at the same time that vacancies are diminishing (the lowest since Covid). Anyone reading these eshots and realising the increases in costs on employers would not have seen these two things as ‘unexpected’ at all.  Indeed, perhaps the Government should subscribe to […]

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]]> Chancellor tears but not for us https://www.miltonpj.net/2025/07/11/chancellor-tears-but-not-for-us/ Fri, 11 Jul 2025 12:53:37 +0000 https://www.miltonpj.net/?p=11899 So, very unconvincingly the Prime Minister supporting the Chancellor’s dire financial announcements brought the wrong sort of tears to her eyes, promptly seeing the cost of long-term UK Government debt rise by a whopping 5% and Sterling losing a cent instantly. Fortunately that was short-lived but we’re still paying far more than at the worst […]

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]]> Inflation remains stubborn https://www.miltonpj.net/2025/07/01/inflation-stays-stubbornly-high/ Tue, 01 Jul 2025 14:41:02 +0000 https://www.miltonpj.net/?p=11884 So, inflation remain stubbornly high at 3.4% despite people not feeling especially confident about spending. So much of our outgoings now go towards ‘tax’ of course and we don’t have any control over that (but government does)… So businesses and organisations are obliged to increase their prices to cover increased costs (especially employment but including […]

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]]> Growth, debt and the Titanic… https://www.miltonpj.net/2025/04/30/are-trump-tariffs-akin-to-titanic-moment/ Wed, 30 Apr 2025 12:08:05 +0000 https://www.miltonpj.net/?p=11803 I was reminded recently that on 14 April it was the anniversary of the Titanic hitting the iceberg, in 1912. Had it hit it head-on, it would not have sunk. Are there analogies here for President Donald Trump’s tariff announcements…? This is either the fact that 90% of the problem isn’t obvious or maybe that […]

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]]> Inflation slows but is it the calm before the storm? https://www.miltonpj.net/2025/04/23/inflation-slow-calm-before-the-storm/ Wed, 23 Apr 2025 09:00:00 +0000 https://www.miltonpj.net/?p=11811 While the news inflation slowed in March to 2.6% is welcome and an interest rate cut is widely expected next month, it may simply be a brief glow of light to ward off the spectre of ‘stagflation’ a little longer. The recent quakes from Trump’s tariffs have subsided for now and some analysts are upbeat […]

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]]> Tariffs leave shaken shares and markets https://www.miltonpj.net/2025/04/12/markets-volatile-in-wake-of-tariffs/ Sat, 12 Apr 2025 11:37:18 +0000 https://www.miltonpj.net/?p=11774 Well, the world is still coming to terms with what has been unleashed upon it and the volatility in the financial markets as a result. Not only have shares been shaken-up but other things are not necessarily reacting as they ‘should’ and perhaps for ‘other’ reasons. I am also taking this opportunity to wish you […]

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]]> Sterling effort, investment and taxes https://www.miltonpj.net/2024/08/30/sterling-strong-against-dollar-investment/ Fri, 30 Aug 2024 15:45:37 +0000 https://www.miltonpj.net/?p=11340 The US Dollar’s the lowest against Sterling since April 2022. That’s a 20% ascent for Sterling since the Sept 2022 low. It has been weaker these last few weeks as it is expected that interest rates will be cut even though US inflation readings are mixed. Currency volatility can work for you or against you […]

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