Lexington Times (Feb 2023)

Recap before the Tax Year End

As tax-year end approaches (just 8 weeks to go!), we thought it might be handy to recap the things set to change in 6th April in case you might have missed them; some might benefit from you taking action ahead of time.

Inheritance tax allowances for gifting

The Autumn 2022 budget confirmed both the Nil Rate Band (NRB) and Residence Nil Rate Band (RNRB) will be frozen at a combined total of up to £500,000 per person until 2028. However how does this affect the gifting allowance for your inheritance tax?

Bonus VS Dividends

Being a director/shareholder offers the luxury of designing your own remuneration structure to best suit your finances and minimise your tax bill.

Eight Billion Consumers

The worlds’ population is believed to have crossed the eight billion number for the first time in late 2022. These latest statistics bring up a few thoughts and several reasonable fears.

The Stock Markets

(Updated 31 Jan 2023)

The key benchmark you should care about is achieving all of your financial and life goals and not running out of money.

The Unimportant Numbers – 1 Month

Monthly figures are a distraction from your long-term goals, we’ll help you avoid the noise.

The Important Numbers – 30 Years

Investing in the Great Companies of the World has produced life-changing returns for the disciplined and patient investor.

Inflation – The Real Enemy

The number one enemy of the long-term investor is the financial dragon called inflation (the silent but steady increase of prices over time).

The only sane definition of money is purchasing power, and over the last 30 years, inflation in the UK has almost halved the value of your money.

But an investment in the UK share market has consistently provided protection from this enemy.


The media is not a friend of the disciplined and patient investor. Whether it’s on TV, Print or Online, the media prefers to focus on short-term returns, market predictions, and negative news. Which is not suitable for a long-term investor.

Below are the stories, podcasts, and images which we wanted to share with you this month, which are uplifting, interesting and informative.

These links below will take you to articles on other websites.

Positive News

Here is this month’s selection of positive news stories not related to investing.

  • Become Hobbits to Fight Resource Scarcity? No Need!
    A strange new twist on the idea that the planet would benefit from having fewer people (to consume fewer resources) is that the planet would also benefit from having shorter people (again, to consume fewer resources). 

Further Reading

Here are some articles you may find interesting this month.

  • Not Pictured.
    Life isn’t always choose-your-adventure, but it is always choose-your-response.

Listen & Watch

  • How will AI change the world?
    Explore the current limitations of artificial intelligence and the possibility of creating human-compatible technology.

A Picture is worth 1000 Words

  • 11 Tech Trends to Watch in 2023
    Each new year delivers the full spectrum of progress from game-changing breakthroughs to incremental advancements in a wide variety of fields. Find out what to look out for in 2023.