Corporate Financial Planning
A business can benefit from financial planning advice just as much as an individual. Indeed for small and medium business owners the business and personal aspirations are often intrinsically linked. The basic principles of a business, including growing wealth, planning ahead and protecting resources and income remain consistent.
Profit Extraction
Contributions to a Personal Pension are a tax efficient option of profit extraction for business owners. As well as being relievable against Corporation Tax, these contributions are not taxable on the recipient.
Succession Planning
Having suitable protection arrangements in place ensures that the business can continue to operate in the event of death or ill health of one of the owners and/or key employees.
Did you know?
Companies that hold significant cash surplus that do not want to withdraw the funds from the business itself can in some circumstances invest this capital in order to try and achieve a greater long term return.