Tax Doesn’t Have to be Taxing?

A saying brought to us by HMRC in 2010 and still used today as a gentle reminder to file your tax return and look out your cheque book. This saying was first used to introduce the roll out of the tax simplification system…and each subsequent year a further layer of complexity is added.  In the […]

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Pension Lifetime Allowance – how thousands of UK savers may be affected by proposed changes

Proposed Pension Lifetime Allowance changes: Glasgow Wealth financial adviser Ian Brunton discusses the Lifetime Allowance and the latest proposed changes. As chancellor Rishi Sunak wrestles with the significant task of how to reduce the government deficit, made substantially worse by the measures put in place through the Covid-19 pandemic, it seems clear that he sees […]

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Can I afford to retire?

One of Glasgow Wealth’s Financial Advisers, Ian Brunton, discusses planning for retirement and one of the most common and pertinent questions we are asked by clients – can I afford to retire? This is a question we often hear or a variation of. The simple, yet Socratic response is how much will it cost…

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Client Update & Market Commentary – 29th March 2020

30th March 2020 – With recent and ongoing events relating to the financial markets & Covid-19, our Principal adviser, Michael Garvey, provides clients of Glasgow Wealth with our current approach and thinking… He knew quite well that it was plague and, needless to say, he also knew that, were this to be officially admitted, the […]

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Client Update & Market Commentary – 22nd March 2020

22nd March 2020 – Following last week’s Client Update, and with recent and ongoing events relating to the financial markets & Covid-19, Michael Garvey provides clients of Glasgow Wealth with our latest approach and thinking… I think we can turn the tide within the next 12 weeks… Prime Minister, Boris Johnston Only when the tide […]

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Client Update & Market Commentary

With recent and ongoing events relating to the financial markets & Covid-19, Michael Garvey provides clients of Glasgow Wealth with our current approach and thinking… “Everyone has a plan until they get punched in the face” Mike Tyson Ten weeks into a new decade and the year has already made its mark in the history […]

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“Should I pay into a Pension or an ISA?”

With the end of another tax year quickly approaching, many will be thinking about paying into an ISA or a pension. Our Principal Adviser, Michael Garvey, outlines the reasons why some would choose to pay into a Personal Pension or an ISA. With the deadline of the 5 April for maximising ISA and pension subscriptions, […]

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High earners falling foul of the Personal & Annual Allowance Taper

In this article we discuss the Personal Allowance Taper & Annual Allowance Taper – what you should be aware of and how to mitigate the impact. As is customary, from time to time, governments introduce new measures to increase the tax intake. From a tax on Candles in the 1780’s, the Window tax of the […]

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NHS pension scheme members face unexpected tax bills

In recent months there has been significant press coverage on NHS staff facing unexpected tax bills relating to how they fund their pensions. Many doctors and other high-earners are now asking why they are having to pay more tax for simply being part of, and contributing to, the NHS scheme. Why is this the case?   […]

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