Tel 01253 675711
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 email@example.com.
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.
Welcome to the aimtosave.co.uk, the marketing and information website of Michael Collis.
The aim of the website is to de-mystify some of the more commonly used financial services and offer signpost to tried and trusted recourse's and carefully selected industry partners.
We do not offer any regulated advice in terms of the suitability of any products or services for your individual circumstances however we would only refer your case to partners who carry the appropriate authorisations.