Why the Scottish Budget means it's time to act to save your pension

After the recent Scottish Budget, some higher earners might have been left feeling the squeeze. The headline was the proposed introduction from April 2028 of a so-called ‘Mansion Tax' – new, higher council tax bands on properties valued at over £1m. This comes on top of higher income taxes in Scotland than the rest of the UK, for higher earners, and the 20% VAT now levied on private school fees by the government in Westminster. The combination of these changes may mark something of an inflection point, where wealthier Scottish families and HENRY'S (high earners, not rich yet) become m...