LET THE TAX MAN HELP PAY FOR YOUR LIFE INSURANCE

If you are a company director with personal life cover it makes financial sense to set up your life insurance in the most tax efficient way possible.

Using a Relevant Life Policy you will benefit from the following tax breaks

• payments are made by the company with no benefit in kind charge back to the individual
• no National Insurance implications for the individual
• tax free benefits to dependants
• the sponsoring company will usually benefit by being able to claim corporation tax relief on the payments
• cover can be up to 15 times remuneration, including dividend income

To receive more information ask to speak to Chris Holland on 0114 2802830 or email him at chrisholland@ecsbrokers.com.