01843 838 230
01843 838 230

Relevant Life Cover

Tax Efficient Death in Service Benefits

 

Relevant life policies are paid for by your company and the premiums can be counted as an allowable business expense.

 

This means that premiums paid will usually qualify for relief on Corporation Tax,  Income Tax and National Insurance. Also the benefits are;

 

  • Paid TAX FREE to the nominated beneficiaries
  • Paid free of Inheritance Tax (in some circumstances there may be a periodic charge on the trust)
  • Paid would not count towards a lifetime allowance for pensions

Who is it for ?

 

Relevant Life Insurance Policies are; 

 

For you if you are a company director employed by your company and/or for your employees.

 

Available to companies of any size from just one employee. Other schemes are usually only available to companies of over 5 employees

 

Especially beneficial for high earners with large pension pots as other death in service benefits can take them over the Lifetime Pension Allowance as the policy is Held in Trust and benefits are therefore paid free of Inheritance Tax (also avoiding probate).

 

Available for employees aged 17 - 73

 

Suitable for businesses wishing to Attract and retain the best staff

 

Call to discuss Relevant life cover. Upto 60% Tax Savings !

Note - Information Regards taxation levels and basis of reliefs are dependent on current legislation, individual circumstances are not guaranteed and may be subject to change.

Get in touch

For a no obligation FREE consultation call:

 

01843 838 230

 

07782 168211

 

Or use our simple online contact form.

The FCA registration number of

‘Your World Financial Services’ is 600934.

This information can be verified at www.fca.org.uk/register

or by contacting the FCA on 0800 111 6768.

Write to us

Your World Financial Services

2 The Square  
Birchington

KENT CT7 9AB

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© Your World Financial Services. Company registered in England and Wales- 8408392
Registered with the FCA - 600934 Your World Financial Services Limited is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. *Your World Financial Services Ltd acts as a credit broker not a lender