income tax Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/income-tax/ North Devon's Leading Wealth Managers Fri, 31 Jul 2026 12:37:12 +0000 en-GB hourly 1 https://wordpress.org/?v=7.1 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png income tax Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/income-tax/ 32 32 The good, the bad and SpaceX https://www.miltonpj.net/2026/07/18/spacex-shares-fall/ Sat, 18 Jul 2026 09:00:00 +0000 https://www.miltonpj.net/?p=12355 Some news’ improvement amongst the negative developments in the Middle East (again) – US inflation went down to 3.5%, somewhat unexpectedly. That should give some respite in interest rates and the strength of the Dollar. Meantime, here at home our economy grew by 0.1%, led by services. It’s not much and it is primarily a […]

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]]> A message from the Chancellor… https://www.miltonpj.net/2025/11/07/chancellor-pre-budget-speech/ Fri, 07 Nov 2025 17:30:00 +0000 https://www.miltonpj.net/?p=12068 Good afternoon. I have just returned from a relaxing and much-needed break which took us to bustling Hungary, Slovakia and Austria. Yes, I took the computer though the inbox defied my occasional review so apologies if you are still awaiting my reply! I returned to an unexpected speech from our Chancellor. I should like to […]

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]]> UK rise and Nvidia flying dangerously? https://www.miltonpj.net/2024/06/28/uk-market-push-nvidia-rise-bubble-fears/ Fri, 28 Jun 2024 13:11:37 +0000 https://www.miltonpj.net/?p=11276 So after a useful catch-up, the UK market has pushed past France to regain top spot in European markets in capitalisation terms. That is also partly following the poorly-received election announcement by M. Macron. However, it should never have lost its status… Inflation comes back-in to descend to the Prime Minister’s target of 2% (well […]

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]]> Economic ups and downs https://www.miltonpj.net/2024/01/25/economic-ups-and-downs-inflation-increase/ Thu, 25 Jan 2024 10:00:00 +0000 https://www.miltonpj.net/?p=11030 Just as we think things have brightened, out comes the inflation figure at 4% versus the expected 3.9%. That was blamed on tobacco and alcohol – the latter also as duty rose on wine last autumn, based on alcohol strengths. It is as if the government doesn’t realise that increasing taxes on products increases inflation… […]

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]]> Do you fall into the 60% tax trap? https://www.miltonpj.net/2023/05/31/do-you-fall-into-the-60-tax-trap/ Wed, 31 May 2023 09:10:00 +0000 https://www.miltonpj.net/?p=10656 Higher earners are being warned not to fall foul of the ‘60% tax trap’ that could eat significantly and perhaps unnecessarily into their earnings. This will not affect everyone, of course, but as of April, the additional rate tax threshold for income tax was reduced from £150,000 to £125,140, dragging more people into the higher […]

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]]> What does the Autumn Statement mean? https://www.miltonpj.net/2022/11/23/what-does-the-autumn-statement-mean/ Wed, 23 Nov 2022 15:41:01 +0000 https://www.miltonpj.net/?p=10345 The post What does the Autumn Statement mean? appeared first on Philip J Milton & Company Plc.

]]> Government turnaround and market opportunities https://www.miltonpj.net/2022/10/05/turnaround-and-market-opportunity/ Wed, 05 Oct 2022 16:09:55 +0000 https://www.miltonpj.net/?p=10299 Well, economics and turnarounds where the Government would be lambasted whatever it did. However, the reversal of the 5% tax cut is purely political as the suggested £0.6-£2billion it raises is a tiny sum of the total tax take HMRC collected last year of £716billion. As an economist and not a politician speaking, I still […]

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]]> How will the Mini Budget affect your finances? https://www.miltonpj.net/2022/09/28/how-will-the-mini-budget-affect-your-finances/ Wed, 28 Sep 2022 15:11:07 +0000 https://www.miltonpj.net/?p=10265 Markets? We are holding our own reasonably though Mini Budget week was savage and the negativity is continuing. Our hedging Dollar assets rose in Sterling terms and so many ‘value’ equities now are exceedingly attractive, with high dividend incomes. Do we trim some of our Defensive Dollar-based assets now? Growth areas were hit hardest – […]

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