Business owners, entrepreneurs and the self-employed all have complex finances. With such a focus on building and running a successful business, time available to give your finances, particularly your personal finances, the attention they need is probably limited.

Our experts help you make the most of your finances. We work with you, and any other business advisors you have, to plan and structure your finances in the most tax-efficient way, ensuring that your money is working hard for you.

Your pension

Planning for retirement may not be at the forefront of most successful business people’s minds, but there are some excellent government allowances and valuable tax reliefs that can aid both the business and the owners pension funds.

Find out:

  • How much you can afford to pay into your pension
  • How to make tax-efficient pension contributions through your company
  • About your annual and lifetime allowances, making sure you don’t accidentally breach the limits
  • What your company pension scheme can do to help your business – including purchasing commercial property within your pension scheme to save tax, as well as taking loans from your company’s pension assets to fund expansion

Corporate and personal investments

Our team of wealth advisors and financial planners have access to top investment managers enabling them to assist you effectively in making corporate or personal investments. We diversify risk by investing in areas away from your business, to help produce a regular income from the lump sum you receive when you sell your business. We also ensure that you are investing in the most tax-efficient way.

Business and personal wealth protection

Busy professionals don’t often have time to consider the other risks that their business is exposed to. Aside from protection against day-to-day business risks, many business owners don’t have adequate cover in place. Protecting against these can ensure the successful running of your company and reduce the risk to your business, personal or family wealth.

We can help you with:

  • Shareholder protection
  • Relevant life insurance
  • Key person protection
  • Loan protection

Selling your business

Selling your business may not be something you consider for many years to come. But whether you want to sell your business or transfer ownership to other family members, the earlier you start planning, the more success you will have when transferring your business wealth into personal wealth.

If you are planning to sell your business, we will advise whether the sale price is enough for you to achieve your personal financial goals – it is essential that you know this before you sell. If you are passing on your business, we can help with your transition and consider your wider estate planning, while working with other family members to provide ongoing advice if necessary.

Whichever option you take, we can make sure you are using all of your tax allowances and reliefs before, during and after you leave the business.

Estate planning and inheritance tax

Business assets do not form part of an estate for inheritance tax purposes, but if you sell your business and these assets become cash, they are subject to inheritance tax. We help you put a plan in place to pass on your wealth in the most tax-efficient way.