Remuneration Planning For Companies And Businesses

You enter into an agreement with us to provide remuneration services. A portion of your profits is allocated towards establishing a bonus pool, from which, amounts will be allocated to each individual participator in accordance with his/her contribution to the businesses success.

The bonus pool can be allocated to directors and key staff (their families and/or charities), via a trust, without triggering an immediate taxable event for Income Tax and NI purposes. (This usually offers a better alternative to dividends or salary bonuses). Your auditor can reduce the profits by the same amount with a P&L expense item and remove the said amount from your Balance Sheet.

Participators (i.e. business owners, shareholding directors, senior executives and/or key staff) can then access their sub-trust for investments, loans and tax-free withdrawals*. Growth and foreign income can accumulate tax efficiently within the sub-trust.

For an instant confidential personalised illustration of potential tax saving on your business, please complete the Illustration Form.

*On certain arrangements

For a personalised illustration of potential tax saving on your firm, please call us now on 020 7566 3792 or request a call back.

Devonshire Corporate Services LLP's range of services is not regulated by the Financial Services Authority (FSA) under the Financial Services & Markets Act 2000. Our recommendations and services do not include advice or brokerage in relation to regulated financial products, such as life assurance, pensions and investment products.