Daniel Priestley (@DanielPriestley) / X

Daniel Priestley

39.5K posts

Daniel Priestley

@DanielPriestley

Founder of @DentGlobal & @itsScoreApp | Entrepreneur of the Year | 7x business books | Multiple 7 & 8 figure ventures/exits | Mission to develop entrepreneurs.

London, England

Joined August 2008

Pinned
Daniel Priestley
@DanielPriestley
Jun 14
I’ve been on Diary of a CEO with @StevenBartlett eight times. Every episode and what we got into 🧵 1.Feb 2024 – Entrepreneur mindset, AI, pitching, creating products… youtu.be/u0o3IlsEQbI 2.Jan 2025 – Building relationships at scale, the 7-11-4 principle, personal
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Daniel Priestley
@DanielPriestley
Sep 8, 2024
Yesterday I showed a guy ChatGPT. His mind was blown. He works in a senior role at a large consulting firm. The big bosses have banned them all from using it. They think they are going to develop their own internal LLM (lol). This firm gets paid £6k per person per day to
1.5M
Daniel Priestley
@DanielPriestley
Apr 24, 2025
You make a sale of £1200 in your business £200 is VAT You have £1000 You pay 25% corp tax on it You have £750 You pay it to yourself as a dividend and pay 20% You have £600 You spend it and £100 of the spend was VAT You have something worth £500 You die and pass that
1M
Daniel Priestley
@DanielPriestley
Jul 8, 2025
To be crystal clear - if the UK implements a wealth tax I am leaving. It is completely unmanageable as an entrepreneur to pay tax on unrealised gains. Any entrepreneur trying to raise money on an equity valuation puts themselves and their investors in danger of a massive tax
1.2M
Daniel Priestley
@DanielPriestley
Oct 12, 2024
Dear young, smart, ambitious Brits. If you can easily leave the UK, do it. @Keir_Starmer and @RachelReevesMP are planning to move Capital Gains Tax up by nearly double (from 20% to 39%). This means there's almost no point in entrepreneurs or investors taking a risk to build
1.6M
Daniel Priestley
@DanielPriestley
Aug 16, 2024
At the height of the British Empire, the British government employed just 40,000 civil servants … globally! Without computers, software, phones, email, GPS or modern banking, these 40,000 people ran the largest global empire in history. Today the UK government has over
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Daniel Priestley
@DanielPriestley
Oct 14, 2024
The UK is like a person who looks rich but doesn’t own anything. The house is rented, the car is leased, the fancy watch is a gift from grandma. Most British companies aren’t British. If you don’t own the assets, you don’t get the profit and you don‘t have the wealth. The UK
1.1M
Daniel Priestley
@DanielPriestley
Jun 12, 2024
If you’re a UK citizen, did you pay £17,000 in taxes last year? If you’re a family of 4, did you pay £64k of taxes as a household? If not, someone else did on your behalf. A tiny group of people (1%) pay about 30% of the income taxes. This tiny little group of Brits aren’t
2.2M
Daniel Priestley
@DanielPriestley
Dec 23, 2024
Fun fact - In 2001, the UK Government sold 600 of its HMRC buildings to a Bermuda corporation (Mapeley Steps Ltd) for £220M. HMRC now rents its buildings for about £269M per year. This example and many others like it should tell you that governments do not think long term, they
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Daniel Priestley
@DanielPriestley
Oct 7, 2025
The UK has 11M people who are working age but don’t work. We have just over 32M actual workers. That means 25% of working age people aren’t working! Every single day 1000 people sign onto benefits claiming to be too sick to work. After WW2 a total of 2% of the population were
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Daniel Priestley
@DanielPriestley
Oct 28, 2024
Imagine how terrified every western government is of @elonmusk right now. He plans to create the “Department of Government Efficiency” and expose the insane wastage in government budgets. He claims to have identified $2Trillion of efficiency gains in the $6.5T budget. This
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Daniel Priestley
@DanielPriestley
Apr 12, 2025
Foolish Ed Miliband orders that a natural gas mine be filled with concrete so it can never be used again. What a dangerous idiot… It has tens of billions worth of natural gas in it. We will have to order that gas from other places - like Russia. Imagine if ever the UK was
156K
Daniel Priestley
@DanielPriestley
Jan 27, 2025
The biggest slap in the face the UK government imposes on its most productive workers is the £100k income threshold. At this point, they tax 40% while also removing the tax free threshold giving a person an effective marginal tax rate of 60%. It’s the bureaucrats saying “we
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Daniel Priestley
@DanielPriestley
Mar 21, 2025
In the last 24 hours I've had a dozen messages from entrepreneurs who are leaving the UK. These are people who pay millions in taxes who are leaving for a better deal. For every millionaire who leaves, it takes 55 average tax payers to make up the shortfall. I've also had
901K