Chartered financial planner Luke Norman the benefits of financial advice for business owners and highlights four key areas for them to consider...
Whilst many business owners will employ the services of an accountant, they may find it harder to visualise how working with a financial adviser could benefit their bottom line. There's a myriad of planning opportunities that can be missed in the absence of professional financial advice. Let's look at four key areas. Pensions Most business owners will be aware via their accountant that employer pension contributions are classed as a business expense and therefore reduce the corporation tax liability of their company. Without the guidance of a financial adviser, however, these are so...
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