Many businesses are facing difficult times and may be incurring substantial interest payments to their bank as well as having to provide significant amounts of security to keep their companies afloat. In these instances, the shareholders may very well have the answer to their problems nearer to hand.
Depending on your businesses circumstances, it may be possible with other asset security to save you many thousands of pounds. There are opportunities to save not only bank interest but also not having to use personal assets as security, as well as saving tax in the current year and also claiming back tax paid by the company in the past 1-3 years, depending upon the circumstances in each particular case.
For further information, contact us for a free initial discussion.
CASH FLOW PROBLEMS?
Would you like the flexibility to borrow money for your company at 1.5% pa and ease your cash flow problems? And at the same time, not necessarily having to provide your home as security?
Cash flow for any business has to be the number one priority in the management of its resources and new simplification opportunities have now opened up the possibility of using assets you already have, to significantly reduce the costs of interest on borrowing that may be necessary either for your company's survival or to expand your business. In a credit rationing era, it provides business owners with an alternative to traditional sources of finance and allows you to retain control of your business.
Contact us for further information.
YOUR FAMILY HOME
Local Authorities force the sale of up to 70,000 family homes in England & Wales each year to cover the owner's costs of long-term care. This, of course, significantly diminishes your children's' legacy which you have striven for during your working life. To assist you, we have designed a sensible and legal way to ensure that your children receive the inheritance you intended for them.
By acting before long-term care becomes either likely or necessary, Family Home Protection can ensure that your home is not personally owned by you upon your entry into care. Once this is done, it will not be possible to assess your home as part of your financial worth, as the home will not be a capital resource available to you.
It should be emphasised that if you wait until you are ill and/or likely to be in need of care, the Local Authority will seek to set aside such planning. If however you plan a sensible period in advance, it can be a "safe" thing to do for your family's advantage. Before acting, however, it is necessary to be sure of your rationale and intentions. You should take individual advice before acting as it is not necessarily for everyone and your personal circumstances may suggest that it is "not for you". For most people it is, but advice is necessary before acting.
For a free fact sheet, please fill in an enquiry form.
PROTECTING THE VALUE OF YOUR SHARES
If you are successful in business you may be one of the 5% of business owners who has taken steps to ensure that in the event of your death your family receives the value for your shares. For 95% of business owners, however, their next of kin will receive, at best, only a fraction of the worth of their business because of lack of sensible planning.
For those who have planned, your policies may have been arranged by your bank, your Independent Financial Adviser or your Accountant. If so, it is almost certain that there are tax traps and hidden dangers in the arrangement of which you or they are unaware. Some of these are due to changes in tax legislation several years ago and most advisors have not understood both the scope and effect of these. Almost certainly, if your bank in particular has arranged the agreement and policy, then normally we find that business owners are typically paying 50% more in premiums than is necessary. Also, the policies they sell do not generally provide guaranteed rates of premium and cover. They are also very likely to be for a very short term and so you will face a rising bill and uncertainty as to the availability of future cover. If you wish to have a free review of your arrangements and advice on both the tax treatment and the efficacy of the life cover with no obligation, we would be pleased to do so.
If on the other hand you are one of the 95% of shareholders or partners who has done nothing to protect themselves and their families, we offer a free fact sheet which explains what you can do to ensure your family and company are not jeopardised in the event of the unfortunate death of you or a fellow shareholder leaving your family (or you) financially in trouble.
Asset Preservation Partnership LLP
Woodlands Farm Cottage, Woodlands Lane
Windlesham Surrey-GU20 6AT UK
c.odaly@asset-preservation.co.uk
http://www.asset-preservation.co.uk/
Depending on your businesses circumstances, it may be possible with other asset security to save you many thousands of pounds. There are opportunities to save not only bank interest but also not having to use personal assets as security, as well as saving tax in the current year and also claiming back tax paid by the company in the past 1-3 years, depending upon the circumstances in each particular case.
For further information, contact us for a free initial discussion.
CASH FLOW PROBLEMS?
Would you like the flexibility to borrow money for your company at 1.5% pa and ease your cash flow problems? And at the same time, not necessarily having to provide your home as security?
Cash flow for any business has to be the number one priority in the management of its resources and new simplification opportunities have now opened up the possibility of using assets you already have, to significantly reduce the costs of interest on borrowing that may be necessary either for your company's survival or to expand your business. In a credit rationing era, it provides business owners with an alternative to traditional sources of finance and allows you to retain control of your business.
Contact us for further information.
YOUR FAMILY HOME
Local Authorities force the sale of up to 70,000 family homes in England & Wales each year to cover the owner's costs of long-term care. This, of course, significantly diminishes your children's' legacy which you have striven for during your working life. To assist you, we have designed a sensible and legal way to ensure that your children receive the inheritance you intended for them.
By acting before long-term care becomes either likely or necessary, Family Home Protection can ensure that your home is not personally owned by you upon your entry into care. Once this is done, it will not be possible to assess your home as part of your financial worth, as the home will not be a capital resource available to you.
It should be emphasised that if you wait until you are ill and/or likely to be in need of care, the Local Authority will seek to set aside such planning. If however you plan a sensible period in advance, it can be a "safe" thing to do for your family's advantage. Before acting, however, it is necessary to be sure of your rationale and intentions. You should take individual advice before acting as it is not necessarily for everyone and your personal circumstances may suggest that it is "not for you". For most people it is, but advice is necessary before acting.
For a free fact sheet, please fill in an enquiry form.
PROTECTING THE VALUE OF YOUR SHARES
If you are successful in business you may be one of the 5% of business owners who has taken steps to ensure that in the event of your death your family receives the value for your shares. For 95% of business owners, however, their next of kin will receive, at best, only a fraction of the worth of their business because of lack of sensible planning.
For those who have planned, your policies may have been arranged by your bank, your Independent Financial Adviser or your Accountant. If so, it is almost certain that there are tax traps and hidden dangers in the arrangement of which you or they are unaware. Some of these are due to changes in tax legislation several years ago and most advisors have not understood both the scope and effect of these. Almost certainly, if your bank in particular has arranged the agreement and policy, then normally we find that business owners are typically paying 50% more in premiums than is necessary. Also, the policies they sell do not generally provide guaranteed rates of premium and cover. They are also very likely to be for a very short term and so you will face a rising bill and uncertainty as to the availability of future cover. If you wish to have a free review of your arrangements and advice on both the tax treatment and the efficacy of the life cover with no obligation, we would be pleased to do so.
If on the other hand you are one of the 95% of shareholders or partners who has done nothing to protect themselves and their families, we offer a free fact sheet which explains what you can do to ensure your family and company are not jeopardised in the event of the unfortunate death of you or a fellow shareholder leaving your family (or you) financially in trouble.
Asset Preservation Partnership LLP
Woodlands Farm Cottage, Woodlands Lane
Windlesham Surrey-GU20 6AT UK
c.odaly@asset-preservation.co.uk
http://www.asset-preservation.co.uk/