Looking After Businesses

Our expertise is primarily in advising small and medium sized businesses - these can range from husband and wife enterprises to larger family firms and limited companies with a number of directors.

The risk of untimely death or disability of a director increases exponentially with the number of members in any group. We have all the expertise necessary to develop appropriate keyman and shareholder protection arrangements from an examination of the company accounts, shareholder agreements, differential ages, potential retirement plans and related factors.

It is also vitally important within family businesses to develop plans for succession and to reduce the impact of Inheritance Tax through appropriate business planning.

The replacement of Stakeholder Pensions with National Employment Savings Trust (NEST) will make it compulsory for employers to contribute to company pension arrangements for employees and companies need to be briefed on likely developments long before the legislation takes effect.

Other employee benefits including group life, medical, dental and permanent health insurance are highly prized and essential for employers hoping to attract and retain quality staff.

Bespoke retirement solutions for main board directors are usually implemented alongside staff benefits in a tax efficient manner.

Self administered arrangements such as self invested personal pensions (SIPP's) and small self administered schemes (SSAS)'s often have their place and can still act as a highly tax efficient way to fund property purchase and company operations.

A thorn in the side of many Finance and HR Directors is a legacy of one or more old pension schemes with few if any currently employed members. We have substantial experience in this area and can usually help to quickly and efficiently wind up these old pension schemes.