Gilson Gray Financial Management

Looking to find out more about intergenerational planning? Alastair Lindsay, our Managing Partner, specialises in dealing with families who have accumulated wealth over the years through pension and investment planning or property.

Alastair describes his specialism as 'intergenerational planning with a focus on enjoying today whilst planning for tomorrow'.

Click here to learn more: https://gilsongray.co.uk/our-people/alastair-lindsay/

Expert wealth managers can play a key role in supporting victims of personal injury or clinical negligence at a particularly vulnerable time in their lives. This is invaluable during the proceedings of a claim, as well as when deciding what to do with an award of damages.

Learn more about how wealth-management services can help your clients in the latest blog from SJP: https://www.gilsongrayfinancial.co.uk/article/detail/sjpp/beyond-the-case-how-wealth-management-services-can-help-your-clients.html

Selling your business? An in-depth plan can help ensure you use the proceeds in the most tax-efficient way. Take a look at the latest blog post from SJP on financial planning for your post-exit assets:

Financial planning for your post-exit assets Selling your business? An in-depth plan can help ensure you use the proceeds in the most tax-efficient way.

Each year in March, the UK Government presents its Spring Budget, where they announce upcoming changes to tax rules, state benefits or funding and investment for the year ahead.

Financial Adviser Ranald Hall explains the updates since the last budget and how these changes can help you increase your child benefit entitlement while lowering your taxes.

Read more here: https://gilsongray.co.uk/insights/boost-your-child-benefit-and-pay-less-tax-with-a-pension-top-up/

Thinking of selling? In our latest blog, SJP look at how assets are taxed and how you can ensure you don’t pay a bigger Capital Gains Tax bill than you need to.

Read on to find out how splitting your assets with a spouse or civil partner can help you get on top of CGT:

Reduce your Capital Gains Tax bill by splitting assets with your other half Thinking of selling your second property? Cashing in a share portfolio? When you sell an asset that’s gone up in value since you bought it, you may have to pay Capital Gains Tax (CGT) on your profits.

Join us in congratulating Rob McGregor, who has been made Head of Estate Agency in our property division, Fraser Cameron who has been appointed to Legal Director in our Litigation team, and Callum Sutherland now leading as New Business and Home-buying in our residential conveyancing team. ⭐

In total, there have been 18 promotions across Gilson Gray this year within our private client, corporate, residential, financial planning, and residential teams.

We are dedicated to nurturing talent, and ensuring our clients have access to the very best specialist lawyers and teams in the UK.

Thank you for your hard work and dedication, we can't wait to see you excel in your new roles! 👏

Read the full story here:
https://ow.ly/1qB150S6Eia

It's important to make sure your savings and investments are as tax efficient as possible by using every available allowance and exemption.

Stay ahead of the tax year changes with this checklist from SJP:

What’s changing and what’s not – your tax year checklist In a welcome move in his Spring budget, Chancellor Jeremy Hunt cut employee National Insurance Contributions for the second time this year. But with tax thresholds frozen, many people find themselves slipping into a higher tax band – and paying more tax.

Financial well-being means having a sense of security and confidence that you have enough money to meet your needs throughout your life.

Our advisers offer a free initial call to review your legal and financial affairs, to help you gain control of your daily finances and have the freedom to make choices that enhance your enjoyment of life.

For more information on this service, head to: https://gilsongray.co.uk/insights/fit-for-life-here-to-help-you-get-on-track/

If you suddenly find yourself unable to work due to illness or injury, an income protection plan makes sure the bills are paid. It will also stop you having to dip into your savings, so you protect your future financial wellbeing too.

Read the latest blog from SJP about why income protection is more than just a safety net:

Why income protection is more than just a safety net Income protection insurance pays a regular monthly amount if you can’t work because you’re unwell, or suffer an injury that results in a loss of earnings. Knowing that, if you suddenly couldn’t work, the mortgage and bills would still be paid, can take a real weight off your shoulders, and mea...

If you suddenly find yourself unable to work due to illness or injury, an income protection plan makes sure the bills are paid. But it will also stop you having to dip into your savings, so you protect your future financial wellbeing too. Read the latest article from SJP on why income protection is more than just a safety net:

Why income protection is more than just a safety net Income protection insurance pays a regular monthly amount if you can’t work because you’re unwell, or suffer an injury that results in a loss of earnings. Knowing that, if you suddenly couldn’t work, the mortgage and bills would still be paid, can take a real weight off your shoulders, and mea...

As a business owner, planning for your retirement is essential. While day-to-day business operations can consume most of your time, setting up a pension should not be overlooked.

Stuart Lindsay, Head of Corporate Financial Planning, has detailed everything you need to know about planning for your retirement in his latest blog. Read it here: https://gilsongray.co.uk/financial/why-pensions-matter-for-business-owners/

The latest 'Week Watch' blog from SJP provides an overview of the week's significant financial events, highlighting key events and their impact on investments. Read the full blog here: https://ow.ly/sVG050RFUnO

WeekWatch - 07/05/2024 May kicked off with an action-packed week, in which high profile earnings results vied with crucial economic data as the catalyst for the broader market. Heading the list of economic clues was the outcome of the US Federal Reserve’s two-day interest rate-setting meeting.

Daniel Millership, a Financial Planner within our Finance team, has crafted an article detailing everything you need to know about Pension Sharing Orders.

Click the link to gain insights into what a pension sharing order involves, the procedures it entails, and the various implications and factors to consider: https://gilsongray.co.uk/blog/understanding-pension-sharing-orders/

We are delighted to share the news of Emma Bradbury's promotion to the position of Chief Operating Officer at Gilson Gray Financial Management.

Emma has been an integral part of GGFM since we started a decade ago, contributing significantly to our expansion through various roles within the organisation. Most recently serving as Operations Director, Emma has demonstrated exceptional leadership and dedication.

In her new role as COO, she will spearhead the next phase of GGFM's growth.

Click here for more details on Emma's promotion and her new role: https://ow.ly/LqAQ50REVa1

Did you know that employers legally have to provide and contribute to a pension for eligible staff under auto-enrolment rules? Maximising the benefits scheme could make your business more attractive to new talent.

SJP have provided an employer’s guide to workplace pensions. Here's how to review and optimise your scheme:

An employer’s guide to workplace pensions: how to review and optimise your scheme Too many small and medium-sized enterprises (SMEs) fail to maximise the benefits of pension provision for recruitment and retention, says new research.

The latest 'Week Watch' blog from SJP provides an overview of the week's significant financial events, including high-profile earnings reports and pivotal economic data, and gives valuable insights into the current state of the market and potential implications for investment strategies. Read the full blog here:

WeekWatch - 07/05/2024 May kicked off with an action-packed week, in which high profile earnings results vied with crucial economic data as the catalyst for the broader market. Heading the list of economic clues was the outcome of the US Federal Reserve’s two-day interest rate-setting meeting.

Join us for our Family Business Unit Event in Edinburgh on Thursday 23rd May at the Edinburgh Grand Hotel to hear from our team and special guest speakers where they discuss all things Family Businesses. 🤝

Our expert panel for the evening includes Findlay Anderson, Partner, Head of Corporate at Gilson Gray, Kat Brogan, Managing Director of Mercat Tours, and Teddy Lee, Founder & Director of Maki & Ramen.

We will also be hearing from the fantastic Children 1st charity, discussing their latest initiatives.

To register your interest in attending please click here: https://ow.ly/vlZg50QAHsg

We were thrilled to be a main sponsor and attend the annual Rotary Club of North Berwick Classic Car Tour last weekend which raised £9,000 and this will be distributed to various local charities over the coming months. 👏

The Rotary Classic saw 53 cars drive 140 miles, stopping at Schloss Roxburgh Hotel and Spa for a well-earned lunch and finishing at The Marine Hotel in North Berwick 📍

Swipe to see some photos from the day 👉

# carclub

We are delighted to be continuing our partnership with Haddington Goatfest, a fantastic beer and music festival taking place in Haddington on Saturday 18th May. 🍻🎶

We are proud to be sponsors and looking forward to what is shaping to be a fantastic day! 🌟

To book your tickets click here https://ow.ly/536X50Rtpmt

Technology giants in the spotlight as US inflation regathers pace. Find ouT more stock market updates in the latest 'Week Watch' blog from SJP: https://ow.ly/ZFv650RsCxq

The secret of successful saving for your children is to start early. Find out more about how to invest for your family's future in the latest blog from SJP:

How can I invest for my family’s future? They’re our greatest pleasure, and our top priority, but bringing up children is a costly business. Steep price rises this year have seen the cost of raising a child from birth to 18 rise 10% to £223,256.1

With operating and supplier costs rising, you may have to pass some of that burden on. So, how do you raise prices – and how do you communicate a change in price to your customers? SJP have created a five-step guide for business owners: a five-step guide for business owners:

How to increase prices safely and successfully: a five-step guide for business owners There’s no avoiding it. In a period of inflation and higher costs of living, most businesses must raise their prices sooner or later. But it’s often not easy to pass on whole cost increases to your customers.

CIO Investment Insights Q2 2024: Making Sense of Valuations

Market hysteria, propelled by news headlines and social media speculation over the 'next big thing', often obscures rational decision-making. Justin Onuekwusi, our CIO, sheds light on our approach, underscoring the importance of prioritising long-term valuations over short-lived market manias: https://ow.ly/yR9550RhWww

CIO Investment Insights Q2 2024: Making Sense of Valuations In this update, I want to discuss an important principle that guides how we invest: valuations. Valuations are a way to help us ignore the hype and to identify areas of the market that truly represent good value.

The UK market rises on positive economic growth, but there's mixed performance elsewhere. Find out more in the latest 'Week Watch' blog from SJP: https://www.gilsongrayfinancial.co.uk/article/detail/sjpp/weekwatch15-04-2024.html