Business Financial Planning
Key Person Protection
Here's a scenario for you to consider
You go to work today: your most successful sales person walks in to your office and resigns. How do you respond? Now imagine that the same person died or suffered a critical illness or injury. What then?
Key people are exactly that, key to your business.
What would be the financial impact on your business? How would your turnover and profits be affected? Could the business afford to continue supporting the key person or their family? Would you need to find a replacement member of staff? How much would recruitment and training cost the business?
You can protect against the loss of a key person in your business. Protect against their loss for peace of mind.
Extract profits from your business without paying tax or National Insurance by investing in company and director pensions for long term financial security. Find out how pension contributions can be treated as an allowable business expense and can therefore be offset against your company’s corporation tax bill.
Safeguarding the future of your business should the unexpected happen. We can help prepare for when a partner or director in your business unexpectedly dies. It’s not necessarily something you’d expect to happen, but most people to whom it has happened once thought the same.
Helping your employees save for their retirement. It’s all part of workplace pension reform, it means that as an employer you will need to automatically enroll certain members of your workforce into a pension scheme, and you’ll need to make a contribution towards it.