New look, same journey π€π
Refreshed the branding to match where this is heading. π
Still the same honest tracking β dividends, portfolio updates, and the rebuild, one pound at a time.
Letβs go!
Good morning βοΈ I hope everyone has a great day π
Results for my accounting module of my Open University Certificate of higher education are in!
Unfortunately I canβt access the website right now because of their serversβ¦
Wish me luck π€
Forward dividend income update π
Β£11.63/year estimated, working toward my first milestone of Β£25/year. Small numbers now - the goal is what they compound into later!
Tracking this monthly from here on π
You will never see how much tax you actually pay. Hereβs the chain:
π· Earn Β£1,000 β lose ~Β£320 to Income Tax + NI before you even touch it
π° Save the rest β interest taxed again
π Buy a car with it β 20% VAT
β½ Fill it up β Fuel Duty + VAT, every single time
π£οΈ Drive it β Road Tax, just to use what you already paid for
β°οΈ Die with anything left β 40% Inheritance Tax
Same Β£1,000. Taxed 6 times before itβs gone.
We donβt have a cost of living crisis. We have a tax chain crisis.