Life Insurance (with a benefit)
Save tax on your life insurance premiums
Do you operate a limited company? And do you pay out for life insurance?
If you answered yes to both of the above questions then may I suggest that you consider taking out a different type of life insurance policy. One for which the premiums can be paid through your limited company completely tax free. You can then record this as an expense in your accounts.
It’s simple to setup and an easy way to get one over on the taxman, legally.
See what your savings could be below:
Thanks for reading, Paul