Corporate Planning

Most company Directors and self-employed business owners are too busy to plan their financial future or exit strategy. This is where we help: By sitting down with the company’s owners and management we are able to understand the short and longer term goals and assist with developing strategies.

Short term needs involve planning for the temporary or permanent loss of key employees or shareholders. This may be to ensure that is a member of staff is ill for more than a few weeks the businesses can continue to trade.

Longer term needs may be to ensure that in the event of death or retirement of a shareholder there is a plan in place to keep the shares in control of the remaining Directors, which may involve the Directors completing a Shareholders’ Agreement backed up with life insurance in case the company does not have sufficient funds at hand.

We are also able to help the Directors plan their retirement using pensions. Pensions for Directors may be of a different nature than for regular employees because their needs often differ, and they may be looking at retirement after a shorter period of service. It is also possible to set up a pension that has the ability to loan back funds to the company or purchase a commercial property in a far more tax efficient manner than the company or its owners could.

We also have links with specialist tax planners who can assist with the following areas:

• Stamp Duty Land Tax reduction for commercial and personal purchases
• Minimising the impact of the Lifetime Allowance for large (+£1m) pension funds
• Developing tax efficient remuneration models
• Reducing or removing Corporation Tax liabilities
• Selling your company in the most tax-efficent manner