With financial planning becoming more important as many of us live longer you must look for ways to protect your business for the future and for those you leave behind. This month we have invited Peter Herd to our networking club night to show you ways of supercharging your financial affairs so you have adequate funds in retirement.
Peter runs his IFA business in a unique way as he works with both individuals and business owners to provide tax efficient solutions to both retirement and the repayment of business borrowing around commercial property. He also gives 10% of his earnings to charity.
With the UK government becoming more obsessed with taxing people it is even more important that individuals to take good-quality independent financial advice to make sure that their hard earned money is working for them and not government.
If you are like most property investors you will have come in to property hoping to make enough money to retire early, so it makes sense to find out how to keep what you have earned and worked hard for.
Points covered:
- the importance of an exit plan
- background to retirement planning
- using your business to plan for retirement
- pensions versus ISAs
- inheritance tax protection
- If we can help you in any way with your property business, or if you have any comments about this web site, please feel free to get in touch.
**UPDATE** You can also protect your wealth with the right tax advise. Check out how you can legally stop paying tax on your income, assets or pension here.
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