Tax Benefits of Buying an Electric Vehicle
Electric vehicles are becoming more and more popular by the day. Not only are they vastly more environmentally friendly, but…Read More
You don’t need to set up a group death in service scheme to leave a lump sum if a loved one dies. An alternative is to set up a relevant life plan. A relevant life plan is a ‘death-in service’ plan set up and paid for by an employer. These plans are covered by the same legislation that deals with group life insurance schemes. But unlike most schemes provided by large employers, they don’t fall under pension legislation because they’re non-registered
There are lots of good reasons to choose a relevant life plan. But it all boils down to tax-efficient life cover for directors and employees, and what business doesn’t want that?
Here are the reasons to choose a relevant life plan:
Sometimes this may result in the following charges:
For more information contact Simon Gallagher Senior Manager – DTE Financial Planning –
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Employee Ownership Trusts (EOT) are becoming an increasingly popular ownership model which can deliver significant benefits to both shareholders and…Read More
A healthy cash flow is imperative to a small business or start-up. If you’re reading this, you’ve probably had to…Read More