Smoking a pack of 20 cigarettes a day costs over £5,300 annually according to stop smoking charities. The average price of a standard 20-pack is around £16.45, while 30g of rolling tobacco averages £25.25. Nationally, smoking costs society in England £44.8 billion annually through healthcare, lost productivity, and social care. 

Personal Cost Breakdown

On an individual level, the amount you spend adds up extremely fast. Based on a standard 20-pack at today's prices: 

• 10 cigarettes a day: Approx. £2,646 to £3,000 per year

• 20 cigarettes a day (one pack): Approx. £5,292 to £6,000 per year

• 40 cigarettes a day: Over £10,500 per year 

Economic and Health Impact

Despite the heavy taxes placed on tobacco products, the total societal and financial damage caused by smoking far outweighs the revenue raised.

• To Society: Smoking costs England £44.8 billion each year. This figure includes £27.8 billion in lost economic productivity, £14.8 billion in social care, £1.8 billion in NHS healthcare costs, and £383 million in fire damages. 

Smoking a pack of 20 cigarettes a day costs over £5,300 annually. The average price of a standard 20-pack is around £16.45, while 30g of rolling tobacco averages £25.25. Nationally, smoking costs society in England £44.8 billion annually through healthcare, lost productivity, and social care. 

Personal Cost Breakdown

On an individual level, the amount you spend adds up extremely fast. Based on a standard 20-pack at today's prices: 

• 10 cigarettes a day: Approx. £2,646 to £3,000 per year

• 20 cigarettes a day (one pack): Approx. £5,292 to £6,000 per year

• 40 cigarettes a day: Over £10,500 per year 

Economic and Health Impact

Despite the heavy taxes placed on tobacco products, the total societal and financial damage caused by smoking far outweighs the revenue raised.

• To Society: Smoking costs England £44.8 billion each year. This figure includes £27.8 billion in lost economic productivity, £14.8 billion in social care, £1.8 billion in NHS healthcare costs, and £383 million in fire damages. 

See also:

What Landlords MUST Do THIS MONTH To Avoid A £7000 Fine

Landlords must give the government Renters Rights Information Sheet 2026

 to all tenants before the end of May or risk a fine of up to £7000.

You can download the official PDF document on the government website at:

https://www.gov.uk/government/publications/the-renters-rights-act-information-sheet-2026

You must serve the actual document to your tenants, in person, by post or email, and not just send them the link.

Landlords should keep a record and obtain a receipt or acknowledgement or proof of service.

Solicitors have reported a wave of Section 21 notices being served on tenants prior to the deadline when ‘no fault evictions’ will no longer apply, according to the Guardian.

Although successive governments seem to be doing their best to encourage the big corporate landlords and drive small landlords out of business (Section 24, licensing, increased red tape etc), they still need the estimated 2 million private buy-to-let property landlords. 

See interview with Chartered Accountant and Tax Specialist - https://youtu.be/aMuGs_ek17s

#propertyinvestment #section24landlordtax #moneytips #buytoletlandlord #section21eviction #rentersrightsact2026 #smokingcost #indexfunds #pensionfunds #investing

Assets like Gold and Silver and UK residential property have all suffered sharp price drops this year. 

Watch video: https://youtu.be/Zupx5H-8xfk

See also: 

Renters Rights Act In Force  – What Landlords MUST Do To Avoid A £7000 Fine

The Renters Rights Act comes into force on 1 May 2026 giving more rights to millions of residential tenants, and imposing more legislation on landlords.

Watch video - https://youtu.be/EDMJcNXKe0I

What Landlords MUST Do NOW To Avoid A £7000 Fine

Landlords must give the government Renters Rights Information Sheet 2026

 to all tenants before the end of May or risk a fine of up to £7000.

You can download the official PDF document on the government website at:

https://www.gov.uk/government/publications/the-renters-rights-act-information-sheet-2026

Although successive governments seem to be doing their best to encourage the big corporate landlords and drive small landlords out of business (Section 24, licensing, increased red tape etc), they still need the estimated 2 million private buy-to-let property landlords. 

See interview with Chartered Accountant and Tax Specialist - https://youtu.be/aMuGs_ek17s

#propertyinvestment #section24landlordtax #moneytips #buytoletlandlord #section21eviction #rentersrightsact2026 #propertyprices  #iranwar  #gold #silver 

UK property prices fall for the first time this year, according to the Nationwide Building Society.

The lender reports that prices fell by 0.6%, slowing the annual growth rate to 1.7%, citing the Iran war as a factor.

Property prices are also dropping in the Middle East and Australia as the effects of Trumps war spreads across the globe.

Watch video - https://youtu.be/T6BiYvW8zIk

Renters Rights Act In Force  – What Landlords MUST Do To Avoid A £7000 Fine

The Renters Rights Act comes into force on 1 May 2026 giving more rights to millions of residential tenants, and imposing more legislation on landlords.

Watch video - https://youtu.be/EDMJcNXKe0I

What Landlords MUST Do NOW To Avoid A £7000 Fine

Landlords must give the government Renters Rights Information Sheet 2026

 to all tenants before the end of May or risk a fine of up to £7000.

You can download the official PDF document on the government website at:

https://www.gov.uk/government/publications/the-renters-rights-act-information-sheet-2026

Although successive governments seem to be doing their best to encourage the big corporate landlords and drive small landlords out of business (Section 24, licensing, increased red tape etc), they still need the estimated 2 million private buy-to-let property landlords. 

See interview with Chartered Accountant and Tax Specialist - https://youtu.be/aMuGs_ek17s

#propertyinvestment #section24landlordtax #moneytips #buytoletlandlord #section21eviction #rentersrightsact2026 #propertyprices  #iranwar #trump

The Renters Rights Act comes into force on 1 May 2026 giving more rights to millions of residential tenants, and imposing more legislation on landlords.

Watch video - 

What Landlords MUST Do THIS MONTH To Avoid A £7000 Fine

Landlords must give the government Renters Rights Information Sheet 2026 to all tenants before the end of May or risk a fine of up to £7000.

You can download the official PDF document on the government website at:

https://www.gov.uk/government/publications/the-renters-rights-act-information-sheet-2026

You must serve the actual document to your tenants, in person, by post or email, and not just send them the link.

Landlords should keep a record and obtain a receipt or acknowledgement or proof of service.

Solicitors have reported a wave of Section 21 notices being served on tenants prior to the deadline when ‘no fault evictions’ will no longer apply, according to the Guardian.

#propertyinvestment #section24landlordtax #moneytips #buytoletlandlord #section21eviction #rentersrightsact2026

In this podcast we discuss the decision by the major retailer John Lewis to withdraw from developing thousands of residential properties.

Meanwhile, as thousands of small private lands quit the buy-to-let property, private equity firms and hedge funds continue to invest billions of pounds into the housing market.

Watch full video: https://youtu.be/m5Aoqr4hquU

New Tax Rise For Landlords

In another blow long suffering UK landlords, Chancellor Rachel Reeves has announced a new higher rate of tax surcharge on rental income profits in her budget, which will see the tax burden rise to record levels. Buy-to-let landlords will pay a tax rate two percentage points higher than the basic and higher rates of tax from April 2027. Frozen threshold bands until 2030 means most of us will pay more tax due to ‘fiscal drag’.

This is in addition to the hike in the stamp duty surcharge on second property purchases to 5%, which is having a detrimental effect on property development and flipping.

Watch full video here - https://youtu.be/O38dvXPp22k

Although successive governments seem to be doing their best to encourage the big corporate landlords and drive small landlords out of business (Section 24, licensing, increased red tape etc), they still need the estimated 2.8 million private buy-to-let property landlords.

See interview with Chartered Accountant and Tax Specialist - https://youtu.be/aMuGs_ek17s

What This Means for You

These tax changes could reshape property investing, retirement planning, and asset strategies. If you're a landlord, investor, or homeowner, now is the time to review your capital gains exposure, inheritance planning, and use of ISAs before the 26 November Budget drops.

#johnlewisproperty #propertyinvestment #section24landlordtax #moneytips #buytoletlandlord

Do THIS and Become a Millionaire: The Simple Habit That Changes Everything

What if becoming a millionaire wasn’t about luck, high income, or risky bets—but consistency? On the Money Tips Podcast, I break down a simple but powerful strategy: save 20% of your income and invest it into a low-cost index or global tracker fund, such as those following the S&P 500.

Watch full video - https://youtu.be/20Ixol8Ppgw

Global stock markets may be at an all-time high and due for a correction with the world in turmoil, but that doesn’t matter if you rigorously stick to this plan.

This approach is backed by decades of market performance. By consistently investing and reinvesting returns, you harness the power of compound growth. Over time, even modest contributions can snowball into significant wealth.

The real challenge isn’t the math—it’s behaviour. You must delay gratification, avoid lifestyle inflation, and stay disciplined. That means resisting consumer debt for big TV’s and expensive cars, cutting unnecessary spending, and sticking to your plan month after month, year after year.

I first heard a powerful example from Tony Robbins: a man on a below-average income who saved and invested 20% consistently for over 40 years. The result? A fund worth around $70 million. Not because he earned more—but because he stayed committed.

This strategy is simple, but not easy. It requires patience, discipline, and long-term thinking. The earlier you start, the more time compounding has to work in your favour.

Always remember: this content is for educational purposes only. You should seek independent financial advice before making any investment decisions, as I am not your financial advisor. Your results may vary.

Start today. Stay consistent. Your future self will thank you.

3 Steps To Success Money Management!

I want to take you to the next level, help you get control of your money, learn how to invest and become financially free. 

Join me online on my free live money management training Wednesday at 7.00PM. 

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

Why Invest in Gold and Silver?

See full video - https://youtu.be/or-8kiTZZxM

See my interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call.

For a free gold, investment report, and Discovery Call, click here. 

https://pure-gold.co/charles-kelly

Landlords Dragged Into Section 24 TAX

As 7 million people set to pay higher rate, 40%, tax this year, 16,000 millionaires will leave the UK this year under Rachel Reeves tax policies. 

Watch video - https://youtu.be/zH1p2uXz4C8

More landlords are being sucked into higher tax bands and paying more tax due to George Osborne’s ‘Section 24’ tax hike.

If you are a buy-to-let property landlord and help with Section 24, contact: [email protected]

#section24 #landlordtax #MoneyTipsPodcast #MakingTaxDigital #UKLandlords #PropertyInvesting #stockmarket #pensions #iranwar  #goldandsilver #SandP500, #trackerfunds #vanguardindexfund #tonyrobbins

His Pension LOST £20,000 Since The Start of Iran War

Ex-Teacher’s SIPP lost 15%!

Learn how to protect your pension and investments from a stock market crash.

Watch video version - https://youtu.be/fc3NXqqWgAw

3 Steps To Success Money Management!

I want to take you to the next level, help you get control of your money, learn how to invest and become financially free. 

Join me online on my free live money management training Wednesday at 7.00PM. 

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

Why Invest in Gold and Silver?

See full video - https://youtu.be/or-8kiTZZxM

See my interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call.

For a free gold, investment report, and Discovery Call, click here. 

https://pure-gold.co/charles-kelly

Landlords Dragged Into Section 24 TAX

As 7 million people set to pay higher rate, 40%, tax this year, 16,000 millionaires will leave the UK this year under Rachel Reeves tax policies. 

Watch video - https://youtu.be/zH1p2uXz4C8

More landlords are being sucked into higher tax bands and paying more tax due to George Osborne’s ‘Section 24’ tax hike.

If you are a buy-to-let property landlord and help with Section 24, contact: [email protected]

#section24 #landlordtax #MoneyTipsPodcast #MakingTaxDigital #UKLandlords #PropertyInvesting #stockmarket #pensions #iranwar #Trump #oilprices #goldandsilver

Making Tax Digital (MTD) is one of the biggest changes to the UK tax system in decades, and it will significantly impact self-employed business owners and landlords who own residential property in their personal name. If you currently submit a Self-Assessment tax return once a year, these new rules will change how and when you report income to HM Revenue & Customs (HMRC).

Starting 6 April 2026, under the new Making Tax Digital for Income Tax (MTD for IT) rules, millions of UK taxpayers must keep digital records and submit quarterly updates using approved accounting software apps listed on the HMRC website. This affects self-employed individuals and landlords earning above the income threshold from trading or property.

Instead of one annual tax return, you’ll submit five - four quarterly updates plus a final declaration each year. This means accurate record-keeping, more frequent reporting, and potentially higher accounting and software costs for small business owners and property investors.

For many landlords with residential property in their own name, especially those managing multiple rental properties, adopting digital bookkeeping software will be essential. This means switching from spreadsheets or paper records to compliant cloud accounting platforms.

HMRC say the aim of MTD is to reduce errors and modernise the UK tax system, but it also means more red tape, admin and planning for millions taxpayers.

Self-employed workers and landlords should start preparing early to avoid penalties and stay compliant when the rules fully apply.

Landlords already hit by Section 24 tax changes and the Renters Rights Act should seek professional advice and avoid ignoring the changes which are coming next month.

Making Tax Digital

Contact DNS - https://www.dnsassociates.co.uk

3 Steps To Success Money Management!

I want to take you to the next level, help you get control of your money, learn how to invest and become financially free. 

Join me online on my free live money management training Wednesday at 7.00PM. 

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

Landlords Dragged Into Section 24 TAX

As 7 million people set to pay higher rate, 40%, tax this year, 16,000 millionaires will leave the UK this year under Rachel Reeves tax policies. 

Watch video - https://youtu.be/zH1p2uXz4C8

More landlords are being sucked into higher tax bands and paying more tax due to George Osborne’s ‘Section 24’ tax hike.

If you are a buy-to-let property landlord and help with Section 24, contact: [email protected]

#tax #section24 #landlordtax #higherratetax #MoneyTipsPodcast #MakingTaxDigital #UKLandlords #SelfEmployedUK #PropertyInvesting

Watch video - https://youtu.be/mIMuSm7JoLg

3 Steps To Success Money Management!

I want to take you to the next level, help you get control of your money, learn how to invest and become financially free. 

Join me online on my free live money management training Wednesday at 8.00PM. 

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

Why Invest in Gold and Silver?

See full video - https://youtu.be/or-8kiTZZxM

See my interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call.

For a free gold, investment report, and Discovery Call, click here. 

https://pure-gold.co/charles-kelly

Where to find me: 

Money Tips website: https://moneytipsdaily.com  

YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg 

Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities

LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2

#warzone #iran #trump #stockmarket #GoldVsSilver #BuyGold #BuySilver #PreciousMetals #InflationHedge #SafeHavenAssets #GoldPrice #SilverPrice #WealthProtection #FinancialUncertainty #MoneyTips #CharlesKellyMoneyTips

Home Equity Release Mortgages Explained

If you’re over 55 and property-rich but cash-poor, home equity release could be an option worth understanding. In the UK, the most common type is a lifetime mortgage.

Watch full video: https://youtu.be/eNmhqQmthNw

In this Money Tip’s interview, Equity Release Mortgage expert Darren Cohen, explains that a lifetime mortgage allows you to borrow money secured against your home while retaining ownership. Unlike a traditional mortgage, you don’t have to make monthly repayments unless you choose to. Instead, the interest typically “rolls up” and is added to the loan. The balance is repaid when you die or move into long-term care, usually from the sale of the property.

There are several types or variations of lifetime mortgages:

1. Roll-up Lifetime Mortgage – The most common option. No monthly payments are required; interest compounds over time, which can significantly increase the mortgage debt.

2. Interest-Paying Lifetime Mortgage – You pay some or all of the monthly interest to reduce the final balance. Early repayment penalties typically apply during the first seven years.

3. Drawdown Lifetime Mortgage – You release funds in stages, meaning you only pay interest on the money actually withdrawn.

Another option is a Retirement Interest-Only (RIO) mortgage. With a RIO, you pay the interest each month, but the capital is repaid when the property is sold after death or entry into care. Because you’re servicing the interest, the debt does not grow. However, you must prove affordability, unlike most lifetime mortgages.

There are a small number of lenders who will grant a fixed term Interest Only mortgage, subject to affordability. With an Interest Only mortgage or a RIO, your home may be repossessed if you do not keep up repayments.

Equity release can provide tax-free cash for supplementing retirement income, home improvements, or helping family. But it will reduce the value of your estate and may affect means-tested benefits.

Always seek independent financial advice and choose lenders approved by the Equity Release Council, which offers protections such as the “no negative equity guarantee.”

Used wisely, equity release can be a powerful retirement and inheritance tax planning tool — but it must be understood properly first.

If you are interested in exploring Equity Release, contact Darren Cohen at Right Homes Equity Release Ltd (www.linkedin.com/in/darrenscohen) or email [email protected].

#EquityRelease #LifetimeMortgage #RIOMortgage #UKFinance #RetirementPlanning #Over55Finance #MoneyTips #PropertyWealth #FinancialFreedom #laterlifemortgages 

Why the Gold-Silver Ratio Suggests It Might Be Time to Buy Silver

The gold-silver ratio — the number of ounces of silver needed to buy one ounce of gold — is a powerful indicator for precious metal investors. Historically, the ratio averages around 60:1, meaning gold typically trades at about 60 times the price of silver. Today, however, the ratio has surged above 85:1, signalling that silver may be undervalued compared to gold.

Watch video now - https://youtu.be/Z7ZWbCrvyuI?si=FUvGxBrMtcmRTbf7

This imbalance often creates opportunities. When the ratio is this high, savvy investors see it as a buy signal for silver, expecting the gap to close over time — either through silver rising in price, gold falling, or both adjusting.

Silver also has strong industrial demand — it’s used in solar panels, electric vehicles, electronics, and medical tech — all sectors expected to expand in the coming decade. Combine that with limited new mine supply and rising investment interest, and silver looks like a compelling long-term play.

While gold remains the ultimate safe-haven asset, silver offers more upside potential during economic recoveries or inflationary periods.

If you’ve been considering diversifying into precious metals, now could be the perfect time to accumulate silver while it remains cheap relative to gold.

Always consult your financial adviser before making investment decisions.

Why Invest in Gold and Silver?

See full video - https://youtu.be/or-8kiTZZxM

See my interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call.

For a free gold, investment report, and Discovery Call, click here.

https://pure-gold.co/charles-kelly

Where to find me:

Money Tips website: https://moneytipsdaily.com/

YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg

Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities

LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2

#SilverInvesting #GoldSilverRatio #BuySilver #PreciousMetals #SilverBullMarket #GoldVsSilver #InflationHedge #WealthProtection #MoneyTipsPodcast #CharlesKelly