Chris @realchris

🧑🏼‍💻 Entrepreneur 📈 Investor. I post mainly about building companies & investing (sometimes travel/life!) UK Joined October 2026

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Chris @realchris

13 hours ago

@saintdiamond1 It’s like the krypton factor

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Chris @realchris

14 hours ago

@penallywill Not a very positive outlook by an AI safety leader 🤣

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Chris @realchris

14 hours ago

So frustrating that the one apparently good thing coming from #Budget26 is largely smoke and mirrors which very few will qualify for in real terms.

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Founders Relief may not be all it seems… Personal conditions (proposed): Held at least 25% of the ordinary share capital (with corresponding voting rights and rights to profits/assets) when the trade (or preparation for it) began. This can be met via a holding company of a trading group. The relief covers all shares the individual sells, not only the original holding. Held the shares for at least five years before disposal. UK-resident for at least five continuous tax years before disposal. Only individuals can claim. Company conditions (proposed): Within the scope of UK Corporation Tax, with a substantial UK presence for the five accounting periods before disposal. Trading company (or holding company of a trading group), without substantial non-trading activities or excluded activities (aligned with EIS exclusions, such as dealing in land, financial services, or property development). Continues the trade it was established for, with no major change in its nature. At least £10 million turnover and at least 15 qualifying full-time employees in the accounting period before disposal. A qualifying employee works at least 35 hours a week and is paid at least the National Minimum Wage (directors, contractors, and agency workers do not count). Growth and innovation conditions (proposed): The company must meet at least two of these three tests: Turnover growth: Average compound growth of 25% a year over three consecutive accounting periods within the ten years before disposal, starting from at least £10 million in the period before the first of those three. Headcount growth: The same 25% average growth in full-time equivalent employees over three consecutive periods, starting from at least 15. Innovation: At least £1.5 million of qualifying R&D expenditure for which R&D tax relief was claimed, in periods ending within the three years before disposal. Claims are expected via Self Assessment (possibly with a supporting form). There is discussion of a statutory right for claimants to request necessary information from the company. If a condition later fails (for example, if HMRC disallows an R&D claim the individual relied on), the relief is lost and the additional tax becomes due with interest.

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Chris @realchris

14 hours ago

@DominicMcGregor As they say, the devil is in the detail.

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Chris @realchris

14 hours ago

@MartinSLewis The trains are horrific

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Chris @realchris

14 hours ago

@TomBrown Oh. This is tight. Once again, the devil is in the detail

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Chris @realchris

14 hours ago

@realMeetKevin Interesting 🧐

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Chris @realchris

14 hours ago

@TexasTSLA Isn’t this for the MacBook Pro?

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Chris @realchris

21 hours ago

This is horrible for entrepreneurs #Budget2026

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Chris @realchris

21 hours ago

So this is a budget where he kicks the can down the road to July next year… #budget2026 #budget

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Chris @realchris

23 hours ago

@collision @MercedesAMGF1 Fantastic interview 👏

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Chris @realchris

a day ago

@AlanJLSmith I’ve always had a great experience with them!

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Chris @realchris

a day ago

@MartinSLewis You do excellent work Martin, don’t rise to it.

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Chris @realchris

a day ago

@MrMBrown @OkuMarkets I laugh, but it’s true 🤣 £10 says they’ll open with a phrase including “The mess we’ve inherited”

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Chris @realchris

a day ago

@Jamie33788613 @MartinSLewis Oh! I misread it… in which case I’m all for it!

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Chris @realchris

a day ago

The Chancellor is expected to announce rises in the national minimum wage. With the backdrop of AI already hitting jobs - it could be dangerous. Stanford data shows 22–25-year-olds in the most AI-exposed jobs have seen 13–19% relative employment declines since ChatGPT came about, mainly via reduced junior hiring. UK graduate and entry-level vacancies have also fallen sharply. Higher wage floors raise the relative cost of routine, codifiable work in retail, hospitality and warehouses (as well as more broadly in professional services etc) - making self-checkouts, robots and AI agents more attractive substitutes. When machines can do the first-rung tasks, the price of the early career worker decides who gets hired. Higher floors still help those who stay in work. But with AI advancing, they risk fewer entry points precisely when labour markets are already weakening. It’s a delicate balance and the government mustn’t underestimate the risk of pushing more companies to replace people with AI through higher wages in a world where corporate taxes, employment taxes and sales taxes are at record levels. #Budget #Budget2026

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Chris @realchris

a day ago

@WayneSmithUK71 Is it because those who don’t use much mains gas still pay it? (Not sure?) v’s electricity which everyone is paying so it’s more of a fair cost?