Praveen Mahadani, MBA (INSEAD)

Could you be more financially savvy this tax year?

March, and spring more generally, is often a time for fresh starts. And now your tax allowances are getting one too. The new tax year begins on 6 April, giving you time to plan how you’ll use all those new allowances to your advantage.

Take your ISA allowance. It can be tempting to leave it until the last minute to use it up. But, if you’re able to pay into it at the beginning of the year, you’re potentially getting a whole extra 12 months of time for your savings to grow.

A review right at the start of the tax year, or just before it, can also help us spot if there are any tax incentives you could use throughout the year.

You might be surprised just how many people don’t do this - and miss out on money that’s rightfully theirs. These tax incentives can be things like increasing your pension contributions or charitable giving to help offset your income tax.

I can also draw up a cashflow model to bring this to life. The model allows us to explore and compare different strategies and scenarios, so you can see the difference it will make to your long-term finances and goals.

If you want to find out more about the savvy financial strategies I could help you with this tax year, feel free to get in touch.

Tax treatment varies according to individual circumstances and is subject to change.

Stocks and Shares ISAs invest in corporate bonds, stocks and shares and other assets that fluctuate in value.

Tax Planning is not regulated by the Financial Conduct Authority.

Approver Quilter Financial Services Limited & Quilter Mortgage Planning Limited. November 2025.

I came to the UK almost 25 years ago from India to work in the ICT industry for financial services clients. As a family, while we had a comfortable life style, we had no savings even in to our early forties. Then I lost my job at the age of 45 due to redundancy. At that point, the only assets we owned were a mortgaged house and savings in a deposit account. We had no investments, no pension and no provision for replacing lost income. While I was lucky to find another job, this was a wake-up trigger for me to start thinking about financial independence for my family.

It is my mission to ensure that you do not suffer with the same handicap. I now help individuals & company directors build their wealth, plan for a comfortable retirement and pass on wealth to the next generation – in the most tax efficient ways possible. My client engagement approach is simple & jargon-free - enabling clients to navigate topics like investment strategies, tax-efficient savings and effective retirement & inheritance planning with clarity and confidence.

In my free time, you can find me volunteering with Age UK, in a yoga class or on a tennis court. I have a grown-up daughter as my only child, who finds me quite irritating. I live in outer London (Purely, Surrey) and advise clients in and around London & Surrey.