Everything is working fine for me except Handoff and instant hotspot (which I don't think I can do anyway because I have a Macbook Pro Late 2011). I'm getting all of my SMS on my iPad and Mac, phone calls are coming to both. All 3 with Bluetooth on and on the same Wi-Fi network.
I have:
iPhone 6 iOS 8.1
iPad Mini 2 iOS 8.1
Macbook Pro Late 2011 OSX Yosemite