WealthTalk - money, wealth and personal finance.

6 Tax-Saving Tips For Business Owners


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Business owners: did you know you can have your business pay for your life insurance policy but in a super tax-efficient way on six different levels? And it costs the same as standard cover? Well, tune in today because that’s exactly what we’ll be sharing with you! if you're in business, you're in a unique position because there are greater opportunities available to you to build your wealth, helping both yourself and your family - but many business owners are not aware of these breaks.

 

Key topics discussed in the episode include:

Relevant Life Insurance: Discover how this unique type of insurance can provide life cover in a tax-efficient manner, exclusively for directors of limited companies. 

The Importance of Trusts: Understand why life insurance should be written into a trust and how it can prevent inheritance tax, ensuring your loved ones receive their financial benefits promptly and efficiently.

Tax Efficiency for Business Owners: Kevin and Paul discuss strategies to maximise your business's tax efficiency, from utilising relevant life insurance to leveraging entrepreneurs' relief and more.

Real-world Applications: Hear real-life examples and actionable tips on how to implement these strategies in your business to protect and grow your wealth.

 

Featured Guest: Paul Brooks, SSAS Director, WealthBuilders  

Resources Mentioned In This Episode:

Want to speak to WealthBuilders to find out more about Relevant Life Insurance? Click Here

 

>> WT008: Protecting Your Assets [The Roof]

>> WT023: Using Trusts To Protect Your Assets

 

>> Register for Free Access to the WealthBuilders Membership Site

https://www.wealthbuilders.co.uk/membership

 

>> Would you like to work with Kevin and Christian on your very own wealth plan? Find out more about WealthBuilders Academy

 

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WealthTalk - money, wealth and personal finance.By Kevin Whelan and Christian Rodwell

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