Business Owners

Personal Planning

Company Directors and entrepreneurs are a different breed. Their needs, aims and aspirations traverse the usual barrier between home/family life and their business. They are intertwined.

Did you know that a sole director could potentially withdraw around £200,000 per year from their business with zero tax liability on that money for that year? Around £400,000 per year for husband & wife co directors.

By utilising various tax advantaged schemes and the ability to carry forward unused allowances from previous years we have helped our clients extract many hundreds of thousands of pounds from their businesses to create ‘family wealth’ in one year, and, millions of pounds over a number of years, tax free.

Business owners that come to us usually already have an accountant, solicitor and sometimes a financial adviser, but they don’t have a coherent strategy to maximise personal wealth from company profit in the most tax efficient way and require new direction or a second opinion. Does this sound familiar?

How we work with you

Discovery Meeting

We want to understand you and your business. What capacity your business has to maximise tax efficient profit extraction to create and build personal wealth. We need to know your journey so far, what you want from life and what makes you tick. You also need to understand us. We demonstrate how we implement contemporary financial planning solutions that will make a difference to your life.

1

2

Goal Setting

We work with you to establish meaningful and realistic future life goals. Provided we feel we are a good match and we can add value to your family, we engage.

Analysis

Once engaged to serve you, we collate all information on your existing investments, pensions, property and insurance plans to analyse them in terms of overall risk, complexity, tax efficiency and viability.

3

4

Developing Your Plan

When we know you, your goals and where you are to date, we can develop your own financial plan for life. We will make recommendations to get you on track to achieve your goals in a tax efficient and cost effective way.

Implementing Your Plan

When you have reflected on our proposals and satisfied yourself that the plan is structured, robust and achievable, we will implement the plan swiftly following your instructions to do so.

5

6

Ongoing Progress Meetings

Following implementation we agree our progress schedule to ensure that we stay on course. Life events, unexpected expenses, economic or market shocks can knock you off track. But, if identified early, we can usually restructure the plan to get you back on track. Alternatively, you may come into an unexpected windfall which can change your outlook and objectives.