Corporate Financial Planning
It goes without saying that companies require specialist financial planning advice.
Too many companies leave this aspect of their business to chance risking their business in the process.
Expertise is needed to plan around corportate tax requirements and any implications that arise. Companies have many specialist needs including business protection, partnership & key person protection and employee benefit schemes. Contact us on 01225 338600 to arrange a full business financial planning review.
Corporate Pensions
This is our specialist subject!!
From sole traders to partnerships, limited companies to plc's we have vast experience in providing the most effective and efficient pension solutions. Through careful planning we can maximise tax and national insurance savings and minimise administration, saving both employer and employee money.
However, what really makes us different is the level of service the employer and employee can expect. We believe that each individual member of a company pension scheme is entitled to discuss their pension face to face with a qualified adviser, so we are happy to conduct pension "surgeries" in the workplace and run seminars for employees in full conjunction with the sponsoring employer.
Business Protection
Many small yet successful businesses operate as a partnership of one, two or more individuals, each one of which often brings a unique and valuable skill to the table.
If one of the partners dies, his share of the partnership or company passes on to his estate, often a surviving spouse or children. Technically speaking, if the business is a partnership, the partnership is dissolved, which may not be convenient to the surviving partners. If the business is a limited company, the suriving beneficiaries will inherit the deceased shares, and in so doing, will own part of and possibly even gain a controlling influence over the remaining business, but without necessarily having the knowledge or skills to contribute.
It is often in the interest of all parties to put in place an agreement that allows the surviving partners or shareholders of a company to 'buy out' the interest of the deceased partner/shareholder. Such an arrangement can provide the deceased theirs with a cash lump sum equivalent to their inherited share, whilst returning ownership and control of the business to the surviving business. There are a number of ways of doing this, including buy and sell agreements, and cross option agreements. The best option will depend upon your companies circumstances and those of its potential beneficiaries.
It is important therefore to establish a detailed understanding of all of the relevant factors that can influence which type of agreement you have in place and which type of agreement is suitable.
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