Simon Hunt
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Simon Hunt
@simon-hunt.bsky.social
City editor City AM
Trump thinks the DST is designed to punish American firms. While big US tech is probably the largest single contributor, there's no reason that must still be the case in saying a decade from now
May 12, 2025 at 7:09 PM
It's also a myth that the DST adds some exceptionally high and unfair burden on tech businesses. It's very modest at 2% and the average tax burden of tech firms remains well below traditional bricks and mortar businesses
May 12, 2025 at 7:09 PM
The DST as it stands is a relatively small revenue raiser, but a) UK shouldn't let Trump dictate fiscal policy and b) To replace it Reeves would have to make cuts or tax rises elsewhere, which she doesn't seem that good at doing
May 12, 2025 at 7:09 PM
Chart here shows how rapidly things have crept up after a pandemic lull when there was government support
April 21, 2025 at 10:29 PM
Thank you!
April 21, 2025 at 10:25 PM
Thanks Jack, appreciate it
April 21, 2025 at 10:22 PM
Very excited for the new role and have lots of big plans
April 17, 2025 at 7:12 AM
If you eat 5% of your bodyweight of anything in a day, it'll probably do you harm.
April 4, 2025 at 7:38 AM
This is only true for non-graduates. Add another 15% for grads.
March 12, 2025 at 8:41 AM
Ok well however long the average repayment period was, you can at least treble it for me.
March 11, 2025 at 1:15 PM
But the pre-2012 grads mostly had paid off their debt before they turn 30. By my calcs my £40k loan will ultimately cost me £100k+ and another 20 years to pay down! That's quite a lot of extra taxes
March 11, 2025 at 1:06 PM
Indeed, or 15% if you've also done a masters.
March 11, 2025 at 12:50 PM