Do you want to avoid Corporation Tax on gain of cash deposits by effective Business Investment Planning?
Over 30,000 UK Companies have cash in excess of £1 million on their balance sheets (source: Cater Allen Nov 2004). Whilst much of this money may be required as ordinary working capital of the business, tens of thousands of businesses hold cash reserves far in excess of their requirements. The vast majority of this money is held in low interest earning deposits, suffering Corporation Tax on an annual basis.
Fluent IFA's can provide a business investment review, looking at the issues of:
· Paying pension contributions
· Salary or Dividends versus leaving cash within the company
· Ongoing business investment planning reviews to take account of the companys changing cash needs, and legislative / tax changes
Not all products/services are regulated by the FSA