In this episode of the Connected Advice podcast, host Paul Redmond is joined by George Skelton, tax partner, to explore the pitfalls of short-term tax planning. They discuss why focusing solely on annual tax deadlines often leads to missed opportunities, unnecessary stress, and financial inefficiency for families and business owners.

 George shares real-life examples of how long-term strategies—like leveraging capital gains allowances, pension contributions, and inheritance exemptions—can create significant tax savings and provide peace of mind. Tune in to learn why connected, forward-thinking advice is essential for building and preserving family wealth across generations.

Key Takeaways

1. Short-Term Planning Limits Your Options

2. You Miss Out on "Use-It-or-Lose-It" Allowances

3. "Siloed Advice" Creates Stress and Inefficiency

4. Rushed Decisions Lead to Costly Mistakes

5. Small, Consistent Actions Build Significant Wealth

6. The Alternative: Proactive, Multi-Year "Connected Advice"

Effective tax and wealth planning isn't an annual event—it's an ongoing, strategic process. Behind every number is a family decision, and those decisions are best made with time, collaboration, and a long-term perspective.

Contact Paul here:

LinkedIn                                            https://www.linkedin.com/in/paul-redmond-rda/

Email                                                 predmond@rda.ie

Find Dan here:

LinkedIn                                              https://www.linkedin.com/in/danieldalyrda/

Listen to more episodes here:

https://www.youtube.com/playlist?list=PLW6b8toTV5hUBzSDkTC1B1YFUC70-Rs-z

Find Crunch My Numbers here:

YouTube:            https://www.youtube.com/@paulredmond57

Apple:                  https://podcasts.apple.com/us/podcast/crunch-my-numbers/id1759207774

Spotify:                https://open.spotify.com/show/68lrgwtIPUYTBB5VmZEYm8

Web:                    https://redcircle.com/shows/crunch-my-numbers