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Where do your taxes actually go?
Manage episode 387498002 series 3468521
It feels like we pay a lot of tax in the UK but is that really true? Where do our taxes actually go? Are they wasted? And are we going to have to pay more in the future? Paul Johnson is the Director of the insanely well respected Institute for Fiscal Studies and in this episode he explains how we’ve got into this pickle, how we can get out of it - and why our feelings about paying too much tax might not be rooted in reality.
Get Paul’s book Follow The Money: https://amzn.to/41aOqXa
🤝 Get 1:1 help with your money from our financial adviser service
https://makingmoney.email/financial-advisors-audio
🎉Sponsors
MoneyWeek Magazine - Try it for free:
https://moneyweek.com/money
TaxZap - Do your tax return / self-assessment:
https://makingmoney.email/taxzap
Vanta - Get your company secure and compliant: https://vanta.com/makingmoney
Odoo - Apps to run your business: https://www.odoo.com/r/MM1
📈 Investment platforms we use:
Trading 212
Watch this video where Damo explains how to get the most from it: https://youtu.be/BVVZhrM0LVQ
Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
Use the code ‘MM’ or this link: https://www.trading212.com/join/MM
InvestEngine
Get up to a £50 bonus when you invest at least £100.
https://investengine.pxf.io/daOD2Q
Vanguard
Minimum investment of £500 or £100/month.
https://www.vanguardinvestor.co.uk/
--
If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
134 에피소드
Manage episode 387498002 series 3468521
It feels like we pay a lot of tax in the UK but is that really true? Where do our taxes actually go? Are they wasted? And are we going to have to pay more in the future? Paul Johnson is the Director of the insanely well respected Institute for Fiscal Studies and in this episode he explains how we’ve got into this pickle, how we can get out of it - and why our feelings about paying too much tax might not be rooted in reality.
Get Paul’s book Follow The Money: https://amzn.to/41aOqXa
🤝 Get 1:1 help with your money from our financial adviser service
https://makingmoney.email/financial-advisors-audio
🎉Sponsors
MoneyWeek Magazine - Try it for free:
https://moneyweek.com/money
TaxZap - Do your tax return / self-assessment:
https://makingmoney.email/taxzap
Vanta - Get your company secure and compliant: https://vanta.com/makingmoney
Odoo - Apps to run your business: https://www.odoo.com/r/MM1
📈 Investment platforms we use:
Trading 212
Watch this video where Damo explains how to get the most from it: https://youtu.be/BVVZhrM0LVQ
Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
Use the code ‘MM’ or this link: https://www.trading212.com/join/MM
InvestEngine
Get up to a £50 bonus when you invest at least £100.
https://investengine.pxf.io/daOD2Q
Vanguard
Minimum investment of £500 or £100/month.
https://www.vanguardinvestor.co.uk/
--
If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
134 에피소드
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