Preparing for the Tax Year End As the end of the tax year approaches, it is essential to take proactive steps to ensure your financial affairs are in order. The tax year concludes on 5th April, and there are several strategies you can implement to maximise your tax efficiency and secure your financial future. Maximise…
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We’re thrilled to unveil the latest addition to our website: a dedicated resource on long-term care planning. From practical guidance on finding care to understanding the importance of a power of attorney, and even tackling common misconceptions, we’ve created a space to help you navigate this crucial aspect of financial planning. Check it out and…
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After more than three decades of providing expert financial advice, Andrew Hannay has retired. A retirement celebration was held at our Melville Street, Edinburgh office with colleagues, clients, family and friends. Throughout his career, Andrew has guided countless individuals and businesses through their financial planning, often building lifelong relationships with clients who have become friends…
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If you have gaps in your National Insurance (NI) record, time is running out to boost your State Pension. The UK government is offering a unique opportunity to fill in these gaps by purchasing additional NI contributions for past years—an option that will no longer be available after 6 April 2025. Why This Matters Your…
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Many of us eagerly await the day we can step away from work for good, envisioning a time filled with freedom and the opportunity to focus on what truly brings us joy. The dream of retirement offers a deeply personal vision – whether that’s adventure, relaxation or simply a slower pace of life. However, while…
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In a significant shift announced by Chancellor Rachel Reeves, inherited pensions will become subject to Inheritance Tax (IHT) from April 2027. This marks a departure from previous rules where pensions were excluded from IHT calculations. Currently, pensions are usually passed on tax-free if you die under the age of 75 – or taxed at the…
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