Michael Collis Financial Services

Unit 1, The Balcony,

Accrington Market Hall



07909 522794

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What does this mean to you? If you are one of the following, we can help:

■Relevant Life Policy Plans are a must for directors of their own company.  Why pay for life cover yourself, when you can get your company to fund it?

■High-earning employees who have substantial pension funds and do not want their death in service benefits to form part of their lifetime allowance.

■Small businesses that do not have enough eligible employees to warrant a group life scheme.


Why take out a Relevant Life Policy?



The company can make the payments, usually as an allowable deduction without them being treated as a benefit in kind, which means:

■Payments are treated as a business expense and are likely to be an allowable deduction against Corporation Tax for the employer.

■No liability for the employer or employee to National Insurance.

■No liability for the employee to Income Tax.

■Benefits paid tax free to the nominated beneficiaries.

■These payments do not form part of an individual’s annual or lifetime allowance.


For further information and advice, please contact Linda Wheatley on 0191 232 1151 or email linda.wheatley@lycetts.co.uk.


Protection insurance is a complex area of Financial Services. We offer a free inital consultation ans many of our clients have benefited from a full protection review.


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Welcome to the site of Michael Collis Financial Services.


Now based in Accrington's historic Victorian Market Hall.


Our aim is to focus on personal financial services and we believe that there still is a need for financial guidance at a reasonable cost for ordinary families, small business's and the Self Employed.


We are pleaased to announce that we are now an associate of  https://www.ljfp.co.uk/


Whether you want to make a mortgage enquiry, an insurance enquiry or if you just have a question about anything, please don’t hesitate to get in touch with us.

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