Corporate Services

How to protect you and your business from the financial effects of death or ill health

Safeguarding your business from the impact of the death or ill health of a key person is vital for ensuring financial stability and the longevity of a company.

You may want to protect the interests of shareholders and directors or ensure that there is cash available to repay debt, rebuild and stabilise if you or a key person becomes seriously ill or dies.

If a business partner dies, then the surviving family may want cash from the business, whilst the remaining business partner may want to retain control of the business. We can advise and help you build strategies that will protect you, your family and your business.

Relevant Life Cover for your business

Most directors still pay for life assurance from their personal taxed income instead of putting this through their business and then claiming Corporation Tax relief on premiums.

If you run a business and are still paying for life cover personally you should look into relevant life cover. With access to the entire market, our expert, independent financial advisors will help you to put together the right package to protect you, your business and loved ones.

It’s time to include pensions as part of your tax strategy
We all want to make our businesses as tax efficient as possible and have the ability to draw money from your company without paying unnecessary tax.

Pension payments made by your company will usually benefit from Corporation Tax relief. As a result it can help you to build a tax protected pension for when you wish to retire. If you run your own business you can use a personal pension or SSAS (Small Self-Administered Scheme) or SIPP (Self-Invested Personal Pension) to grow your retirement fund. We will help you decide on the best option for you.

Pension auto-enrolment

We have helped a number of small businesses across a range of sectors to meet their auto-enrolment obligations. We’ve helped them to choose a pension provider that will dovetail with their payroll software to ensure full visibility of pension contributions.

We are here to guide you through the complexities and help you make the right choice for your business.

Assets Financial Services has been providing bespoke, unbiased advice to businesses for over 30 years. Whether you are a director needing guidance on life assurance or would like to put together an attractive employee benefits package that meets the obligations of auto-enrolment, we would love to hear from you.

Other assistance

Our colleagues at Assets Accounting can provide assistance with payroll, corporate tax, and many other business services.