This episode of The Achieve Podcast features Andy McBride interviewing Toby Tallon, a personal tax expert with Evelyn Partners, about navigating current economic challenges. Toby emphasises the importance of remaining calm and revisiting existing plans amidst economic uncertainty like inflation and interest rate hikes. He notes that the budget of October 2024 caused widespread alarm due to fundamental tax changes. The conversation explores how specialist advisors can support clients, particularly entrepreneurs and family businesses. They further consider the potential impact of changes to employer's national insurance, minimum wage increases, and the role of AI on business growth and employment. Additionally, Toby highlights the importance of financial literacy and developing sustainable, long-term financial plans.
discover more about Toby, Evelyn Partners and how they support families and businesses here.
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