Manchester Corporate Retirement Planning

Manchester Corporate Retirement Planning

When a business owner thinks about their Manchester retirement planning, the first thing that comes to mind, should not be a workplace pension for their employees. It should be a way of extracting business profits from their business in a tax efficient manner. This Manchester corporate retirement planning review should then be used to provide an income when they sell the business.

Most business owners have not used all the available tax planning opportunities available to them and are potentially missing out on increasing their retirement funds each year.

When the business owns assets such as a building, it may make sense to have a pension scheme own these instead for the tax benefits.

Manchester Corporate Pension Advisor

Setting up a Self-invested Personal Pension (SIPP) allows you to hold lots of different types of assets. You can hold company property, shares, bonds and cash.

This type of solution is a good choice for those companies who wish to purchase the premises from which they trade and make rental payments to the SIPP on behalf of the company.

Self-Administered Scheme (SASS), this is similar to a SIPP but with the added ability to loan money (up to 50% of the value of the SASS) to the company to help with financing.

Business property relief (BPR)
Your retirement may well be funded by the sale of your business and assessing if you can claim BPR on the sale could be key to a successful retirement.

Corporate Pension Planning Manchester

There are lots of other available schemes to consider when planning your retirement from your business. Tax, cash flow and attitude to risk are all very important things to consider.

Having a member of our Manchester corporate retirement planning team talk through your business and retirement plans will help you to put the right plans in place.

Book a FREE Manchester financial planning and Manchester retirement planning review today with one of our Manchester IFA‘s by calling 0161 464 9122.

Are Annuities Still A Viable Option For Retirement Planning?

Are Annuities Still A Viable Option?

Annuities are retirement products that guarantee you with a regular income after you retire.

You choose a provider, pick an appropriate annuity to suit your needs and, in exchange for some or all of your pension savings, the annuity provides income until you die.

The use of annuities has declined markedly in recent years, with figures from the Association of British Insurers suggesting sales have fallen by as much as 80% since 2014.

Research from the Financial Conduct Authority reflects this trend, with year-on-year annuity sales down 16% in the six months to April 2017.

This is partly due to the fact that, following former chancellor George Osborne’s introduction of pension reforms in 2015, people now have more options when it comes to planning their retirement.

However, are annuities still a viable retirement planning option to consider in 2017?

Read more

Inheritance Tax On Agricultural Property

Agricultural Property Relief
There is a specific relief that relates to certain agricultural property situated in the UK, Channel Islands, Isle of Man and in the EEA (European Economic Area). Qualifying agricultural property can be passed without inheritance tax as a lifetime gift or upon death.

Read more

Inheritance Tax On Property

Inheritance Tax On Property

Inheritance tax on property is to be paid if the taxable value of the estate (with any gifts made by the deceased added on if they were made in the seven years prior to their death) exceeds the nil rate band. The rate of inheritance tax on property is currently 40%.

Read more

Why Choose us


Investment portfolio review


Cash flow modelling


Fully Independent


FCA regulated


Financial planning


Estate planning qualified


Pension transfer specialists


Occupational pension specialists


All types of mortgages


Care fee planning


Low cost fees


Corporate planning


Wealth management


Retirement planning


Inheritance tax mitigation

Not sure what's right for you? Let us help you decide.