Best Investment Right Now
The man most likely to be Britain’s next Prime Minister has a clear message about your money: he wants to tax wealth, not wages.
Andy Burnham puts it simply — Britain “overtaxes work and undertaxes wealth.” On a podcast, that sounds eminently reasonable, but if he becomes the next Prime Minister, Andy Burnham is likely to tax wealth rather than income, create a ’ Land Tax’ and increase ‘Capital Gains Tax’.
Nigel Green, CEO of deVere, voices his observations, “I’ve spent 25 years helping people build and protect wealth across more than 100 countries. And when a politician says ‘tax wealth, not wages,’ I’ve learned to ask one question: what do they actually mean by wealth?”
Because Burnham isn’t coming for income tax, VAT or National Insurance. The whole strategy is to shift the burden onto land, property and assets. His flagship idea — a Land Value Tax — is a personal conviction he’s held since 2010. At 0.5% of the UK’s land value, that’s roughly £35bn a year. At 1%, around £71bn.
Will it replace council tax and stamp duty, or sit on top of them? That single design choice is the difference between genuine reform and a stealth tax on every homeowner.
And the uncomfortable truth is that most of the UK’s land value isn’t owned by billionaires. It’s ordinary family homes. “Tax wealth not wages” lands hardest on the asset-rich-but-not-rich middle class: the family home in the South East, the buy-to-let, the small portfolio built over a working life.
Should you wait for policies to become fact before you act? Would a potential “tax on wealth, not wages” affect you?
Nigel continues, “I’m here to say the same thing I tell clients — smart money doesn’t wait until policy is finished. It positions itself while everyone else is still arguing about whether it’s fair.”
Smart investing means not waiting and moving your wealth into tax-efficient solutions.
If you hold any UK assets, now is the time to talk to your financial adviser.
Prevention is better than a cure. Don’t wait till it’s too late. Speak to an Adviser.
The Oracle of Omaha has three favourite stocks that he has held onto for decades. Known for long-term investing, Berkshire Hathaway has held onto these three stocks because of these companies’ solid moats, competitive advantages, and strength during economic turmoil.
Coca-Cola has been in the portfolio since 1988 and remains among its top holdings due to its competitive edge, dividend payments, and deep distribution network. Coca-Cola shareholders benefit from steady earnings growth as well as passive income.
American Express holds the second-largest position in the Berkshire Hathaway portfolio. The company has shown strength over time, even in tough economic conditions. Servicing mostly high-income individuals, it is more robust, and 66% of new global customers are from the millennial and Gen Z groups.
The largest stock in Buffett’s portfolio is Apple. It is newer than the other two as Buffett only bought its stock in 2016. Although Berkshire doesn’t really buy tech stock, Apple has proven it is a well-run business with a fantastic moat and has over 2.5 billion active devices and a constant stream of income from services such as streaming and storage.
Please note, the above is for educational purposes only and does not constitute advice. You should always contact your adviser for a personal consultation.
* No liability can be accepted for any actions taken or refrained from being taken, as a result of reading the above.