RE: Politics4 Nov 2025 16:31
The government knows the deal, most of us just have to take whatever comes our way. Yes you could move abroad, dodge a bit of tax (not easy on PAYE), or hold out until the next lot take over and rewrite the rules.
We can rant all we like (and it helps), but tomorrow will be no different from today. Chances are, we’ll just have a bit less money and a bit less time, mostly thanks to higher taxes and our 'life' clocks continually winding down.
If you a Trader or Investor, it doesn’t matter which side you’re on, no one enjoys watching their wealth shrink, even if it’s just numbers on a screen.
The upcoming budget is likely to create short-term volatility. Some may attempt to capitalize by selling positions before the announcement and repurchasing afterwards. However, the effectiveness of such a strategy depends on the investment vehicle used. For those holding assets in a General Investment Account (GIA), the share price would need to fall by roughly 24% or more after the budget for a sale and repurchase to be tax efficient and profitable. In contrast, investors using tax sheltered accounts such as ISAs or SIPPs can act more flexibly, as gains and repurchases within these wrappers are not subject to capital gains tax..most of you get this and its not meant for you, rather those who are new to the game..
On 5 November (tomorrow), the Supreme Court’s decision regarding the tariffs imposed under the Trump administration could introduce further market volatility. Markets typically react negatively to uncertainty, and this ruling may add to that sentiment.
As for me, I’ll be doing what I usually do — nothing. Sitting on my hands has worked just fine for the past decade in terms of investments. I have my exits planned and I am patient.
Could be worse though…..imagine if the budget landed the same day Rolls Royce dropped their Q3 results!
Have a good evening all.