London, UK
Over at my other, now defunct site Corporate Presenter, I listed my Top 10 prophecies for 2009. You’ll see that I wasn’t so far out with my 2008 list but with barely a month to go, I’m sure you’ll agree, I haven’t done so well this year.
A. Liverpool to win Premiership
B. Major car manufacturer to go under
C. Conservatives shatter Labour in an autumn general election
D. Sterling will bounce back in 2009
E. Major earthquake in southern hemisphere will kill thousands
F. Political change in Iran
G. Leading sports personality dies unexpectedly
H. U.S. President has mystery illness
I. Major train crash in France
J. Renowned world leader dies
The only success, were the horrific events in the South Pacific at the end of September. The earthquake and resulting tsunami caused 1000 or so deaths.
In a few weeks’ time and on this site, I’ll be posting my Top 10 prophecies for 2010. One of them maybe ‘England to Win World Cup’.
Tags: 2008, 2009, 2010, Jeremy Jacobs, prophecies
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I should focus on tax related prophecies I guess:
1 – Last year’s reduction in the rate of Capital Gains Tax will be reversed to limit the temptation to convert income into capital gains to reduce tax.
2 – If Labour retain control at the election they will not talk about the change in rate of CGT being a reversal of last year’s decision. Instead they will introduce complex rules simply to avoid admitting they made a mistake.
3 – Whoever forms the next Government, there will be an announcement of an increase in the standard rate of VAT to 20% as part of a so-called stimulus package – ie: it will encourage consumers to rush out and buy goods before the change comes into effect.
4 – Inheritance tax will be reformed with tiered rates upto 45% rather than a flat rate of 40% as at present.
5 – Dave Hartnett, Permanent Secretary to HMRC will be knighted
I wrote a piece on my TaxBuzz blog last year in which I reflected on the predictions I had made in 2001. More speculative than simply looking a year forwards I thought: http://bit.ly/4DPOQk