Bank of England Holds Rates at 5.25%

Champagne Bubbles Devere GIFfrom Champagne GIFs

 

The MPC voted 5-4 to hold rates at this level.

The Monetary Policy Committee voted by a majority of 5-4 to maintain #BankRate at 5.25%. https://t.co/jfAstgGch5 pic.twitter.com/m2VuQTAu9N

— Bank of England (@bankofengland) September 21, 2023

The question is how long will the rate remain at this level, before the Bank starts to reduce it?

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Inflation Falls To 6.7%

UK Inflation (Aug)

CPI (YoY): 6.7% vs. 7.0% exp. (prior 6.8%)

Core CPI (YoY): 6.2% vs. 6.8% exp. (prior 6.9%)

CPI (MoM): 0.3% vs. 0.7% exp. (prior -0.4%)

Core CPI (MoM): 0.1% vs. 0.6% exp. (prior 0.3%)

— Michael Brown (@MrMBrown) September 20, 2023

With the much better than expected inflation figures some people are expecting that the Bank of England will not raise rates tomorrow.

That would require intelligence and flexibility from Bailey and the dullards on the MPC!

via GIPHY

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Discord at The ECB

The fake ECB board façade unity, made of lies and perpetual policy mistakes that landed the EZ in one of the worst inflationary bursts of it’s post war history while playing weather man, is cracking with divergent dissent voiced out in the wild. A disfunctional institution that…

— KKGB Kitty (@INArteCarloDoss) September 15, 2023

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Apple's Watch Series 9 - Go Woke Go Broke!

Today we announced Apple’s first carbon neutral products with models of Apple Watch Series 9, Ultra 2, and SE. By 2030, all of our products will be carbon neutral! pic.twitter.com/wIFSv219M9

— Tim Cook (@tim_cook) September 12, 2023

 Translating the hype :

1 Powered by coal

2 30% more microplastics by weight for your intake

3 Shipped by sea in oil powered container ships

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

July GDP Falls 0.5%

 

Our initial estimates show GDP fell 0.5% in July 2023:

▪️ services fell 0.5%
▪️ production fell 0.7%
▪️ construction fell 0.5%

➡️ https://t.co/qgYfmT6ulm pic.twitter.com/bb1cmreGL1

— Office for National Statistics (ONS) (@ONS) September 13, 2023

The ONS estimates of July's GDP shows a fall of 0.5%.

However, as with all ONS figures, this should be taken with a very large pinch of salt. As I have noted many times before, as evidenced by fact, ONS figures are notoriously unreliable and are rotuinely revised upwards.

As such, using their figures to make economic decisions is as reliable as reading the entrails of a goat.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Go Woke Go Broke ETF Launched

Tuttle has launched an and Inverse Socially Conscious ETF (Exchange Traded Fund) that aims to short companies that follow the latest con "woke" investment policies.

Companies such as Disney and Budweiser will doubtless be amongst its targets.

Brand new ETF just dropped from @TuttleCapital. Launching an "Inverse Socially Conscious ETF" with ticker $GWGB and a "Self Defense Index ETF" with ticker $GUNZ.

Interesting 🤔 pic.twitter.com/NjakYbAp33

— paymeincrypto 📈📊 (@alwayswinning69) September 5, 2023

In the short term this may well have some traction. However, as compliances begin to realise that woke financial policies are a good way to lose money, they will change tack and abandon them. As such, I doubt this ETF will have a long shelf life.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Birmingham's Bust!

NEW Birmingham city council issues s114 notice amid financial distress “preventing all but essential spending to protect core services”..the Labour run city is biggest council in UK & Europe had financial pressures from a new IT system and equal pay claimshttps://t.co/BceQxsGrg1

— Faisal Islam (@faisalislam) September 5, 2023

The equal pay claims will bankrupt a few other councils too!

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

ONS Revises 2021 GDP Upwards by 2%

Quite the UK GDP revision today - hugely higher level - almost 2% up
- ONS found stockbuilding down the back of the sofa in 2020
- and foud wholesale and health services much stronger than expected in 2021

Means the UK is not a global outlier any more.... pic.twitter.com/Sc621UWPrn

— Chris Giles (@ChrisGiles_) September 1, 2023

 As I have said many times, the fact that the ONS constantly has to revise its figures upwards means that its figures cannot be relied on for real time decision making and forward planning.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.