LyndonX

35+ years building businesses. First principles. Less friction. More progress. Financial.

[LyndonX @LyndonNext]

UK fiscal path → CGT, property, energy, payroll.

Owners are delaying sales and hiring.
Sterling risk → scarce assets.

I run this from a real balance sheet, not a newsdesk.

[LyndonX @LyndonNext]

HMRC can now take unpaid tax straight from your bank accounts and Cash ISAs.

Debts over £1,000. No court order needed upfront.

They leave you £5,000 and give you a visit + 30-day objection window, but the power is real and already restarted.

Your money in a bank is not fully yours.
Opt out.

Maybe Self-custody in Bitcoin.

[LyndonX @LyndonNext]

HMRC can now take unpaid tax straight from your bank accounts and Cash ISAs.

Debts over £1,000. No court order needed upfront.

They leave you £5,000 and give you a visit + 30-day objection window, but the power is real and already restarted.

Your money in a bank is not fully yours.
Opt out.

Maybe Self-custody in Bitcoin.

[LyndonX @LyndonNext]

@NigelCarrUK You only abdicate it if you was dumb in the first place so well done.

[LyndonX @LyndonNext]

I spend £2200 a month on Ai

How much do you spend / invest?

[LyndonX @LyndonNext]

@welshtoonfan It’s amazing for those with the right ideas and know how

[LyndonX @LyndonNext]

@NigelCarrUK ChatGBT lol

[LyndonX @LyndonNext]

The AI buildout is now being stress-tested on cash flow, not just narrative.

Last week the Nasdaq had its worst week since June and the chip index posted its longest losing streak since 2008. CoreWeave’s 5-year CDS moved above 1,100 bps while SoftBank fell roughly 25% in seven sessions. The common thread is debt used to fund infrastructure ahead of proven returns.

The scale of the mismatch is large. Estimates put AI infrastructure spending near $7 trillion through 2030 against roughly $3.6 trillion in related revenue. When that gap is filled with borrowed capital, higher rates and tighter credit turn from background conditions into a direct constraint on growth.

This week’s earnings from Meta, Tesla, Netflix and others will give a clearer read. The useful question is no longer whether the technology works. It is whether the incremental cash flow can cover the cost of capital that was used to build it.

Companies with strong free cash flow can absorb the timing gap. Businesses that depend on continuous external financing have less room.

That distinction is now driving price action more than the long-term AI thesis itself.

[LyndonX @LyndonNext]

@welshtoonfan Built an entire business using it. Cost me £26k VC valued at £850k-1.5m no clients yet all software

[LyndonX @LyndonNext]

@beefyfarmer Yes took a weird path around to get it done.

[LyndonX @LyndonNext]

To all my followers. My account was stolen and after 3 weeks I finally have it back.

If you unfollowed me then please follow back. 🙏

[LyndonX @LyndonNext]

Elon said he will give every child a share of Spacex.

Thats about $10B. Better than paying tax into a black hole right.

[LyndonX @LyndonNext]

The AI buildout is now being stress-tested on cash flow, not just narrative.

Last week the Nasdaq had its worst week since June and the chip index posted its longest losing streak since 2008. CoreWeave’s 5-year CDS moved above 1,100 bps while SoftBank fell roughly 25% in seven sessions. The common thread is debt used to fund infrastructure ahead of proven returns.

The scale of the mismatch is large. Estimates put AI infrastructure spending near $7 trillion through 2030 against roughly $3.6 trillion in related revenue. When that gap is filled with borrowed capital, higher rates and tighter credit turn from background conditions into a direct constraint on growth.

This week’s earnings from Meta, Tesla, Netflix and others will give a clearer read. The useful question is no longer whether the technology works. It is whether the incremental cash flow can cover the cost of capital that was used to build it.

Companies with strong free cash flow can absorb the timing gap. Businesses that depend on continuous external financing have less room.

That distinction is now driving price action more than the long-term AI thesis itself.

[LyndonX @LyndonNext]

@WatcherGuru Now I finally got my stollen account back it will be 🤪

[LyndonX @LyndonNext]

To all my followers. My account was stolen and after 3 weeks I finally have it back.

If you unfollowed me then please follow back. 🙏

[LyndonX @LyndonNext]

@PeterMcCormack I have my account back after three weeks and fully secured now Peter. Wild ride for sure.

[LyndonX @LyndonNext]

That assumes HMRC accept the valuation and accept the higher sale price was market or something else. They can say 40% if they want, then you have to challenge it.

24% V 40% swing if 16%

On house sales you pay the CGT within 60 days from memory.

Selling costs deductible from CGT I will look into for sure.

[LyndonX @LyndonNext]

IHT did you know:

If you have to sell a house to pay the tax then the cost of selling is not a deduction. This means you pay tax on what you pay the estate agent to sell it. Same for the legal fees.

In the meantime interest is being added to what you owe at 7.8% current rate after 6 months.

Example:

Sale price £1,000,000
Tax exempt £325k
Sale fee @ 2% (plus VAT at 20%) is £24,000

You still pay 40% on the £24k effect let you get less.

This applies to all valuation you need to get like furniture, RICS property values, all costs cannot be deducted from assets even though it’s a true cost.

Dont forget you then buy a new house and pay stamp tax.

[LyndonX @LyndonNext]

Sort of right. If it sells quickly after valuation then HMRC will jump on it and tax 40%.

If it’s RICS valuation then you have a decent fight back, but surplus is CGT at 24% anyway.

HMRC will always investigate valuations over £1m to verify them and visit, as we just experienced.

[LyndonX @LyndonNext]

@ARFCU10 @dbrownless79 Is a 2 year rule now they want 6 month one. Either way it’s still communist like so maybe a forced sale is better or opportunity for owner to refurb (if needed) and rent out.

[LyndonX @LyndonNext]

I have to post facts on this one, as much as I hate this Labour mob.

Councils are not seizing your house.

Labour announced plans to cut the empty-home threshold for an EDMO from 2 years to 6 months. Ownership stays with you. The council can take management and rent it out for up to 7 years.

You do not get a lump-sum payout. They recover repair and management costs from the rent. Any leftover rent can go to you. The 6-month rule is not law yet.

“Seize your home / you will own nothing” is the headline version. The legal version is temporary management of long-term vacant stock, not confiscation.

To obtain EDMO can take months.

[LyndonX @LyndonNext]

The reason this is so important is because this is still the beginning. We have to suffer 2-3 years more of tax rises. Ask where will you be financially in 3 years time??

[LyndonX @LyndonNext]

October Budget is coming. Same film. New hole.

Your boss still pays extra NI on your wage. That is not “a tax on business”. It is a smaller rise for you.

Tax bands still frozen. Earn a bit more. Keep less.

Council tax up about £110. Twice.

Energy and food still dearer than mid-2024.

Fuel duty cut was the one bit of relief.

That clock is running down.

What went down. Be fair.

VAT off home electricity this winter.

Train fares frozen this year.

Fuel 5p cut, for now.

What it costs a worker now:

About £1,200 a year more tax in real terms.

A typical working household: about £2,200 worse off than mid-2024.

By 2027/28, if they freeze bands again and bills stay high:

One worker, about £1,600 a year.

A working couple in a normal house, about £3,000 a year.

They said they would not tax working people.

They did not put the income-tax rate up.

They taxed the pay rise instead.

Main home still CGT-free. Weekly shop still VAT-free.

The squeeze is wages, bills, and the next Budget.

Next up will be investments so, CGT (capital gains tax). This is discourage investing in anything.

When money leaves, so does your job.