Boway > Corporate

Corporate

Financial Planning for Small and Medium Businesses

How would you like to obtain profits from your company without paying personal taxes?

Most small to medium sized firms should be prepared in all areas of financial planning. The consequences of failing to do this could result in paying more tax than necessary, or it could be much more serious, with possible disastrous consequences for the firm and its owners.

Objectives

The main areas that normally need to be reviewed and actions planned are as follows:

• Directors Pensions as a tool for tax planning, and succession arrangements
• Staff Benefit Packages - cost effective ways of maximising the value for money aspects of the wage bill
• Key Man Risks and how to avoid them
• Debt Financing - cutting your interest payments
• Shareholder Protection Insurance

Owners and shareholders (including employees) should also acquaint themselves with the Business Assets rules for Capital Gains Tax. In short, it is now the case that a well-timed company sale could be excellent news for all concerned, with low tax implications.

Benefits

We will review your current arrangements with you then assess your requirements to provide a solid financial strategy. Call David Bodill for your free initial assessment.