Frequently Asked Questions

Below are a number of frequently asked questions which we hope will help you. If the question that you would like the answer to isn't here, why not email us and we will get back to you as soon as possible.

Question:

Should we trade as individuals, a partnership or a limited company?

Answer:

This depends on all of the circumstances. Things to consider include: is limited liability important?, what are the profits of the business likely to be?, will profits be consistant or widely varying?, do the owners require to take all the profits each year to pay personal expenses?

Question:

Should we start pension plans, and what about life cover?

Answer:

As we are one of only a few firms now authourised to advise and write life assurance and pensions business we are able to fully advise. There are a great number of different pensions and life plans availible and with the aid of our computerised pensions and life package we are able to select which would be the most suitable. Firstly, however, we would need to see what you can afford to pay and check whether that sum is within Inland Revenue limits, and what is an amount which given all the circumstances we would recommend.