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Financial Services

Our client is a food processing company and employs a series of well-paid managers and directors who run the business and are key to its future success. EQ act as board advisers and during one of the discussions the managing director remarked on the high level of taxation suffered on salary.

The management team was a mixture of all types: young and old, male and female, parents and non-parents, married and single.

How we helped our client
EQ’s Employer Solutions team, along with a firm of financial advisors, met with the client and its management team on a one-to-one basis. A whole series of tax-efficient measures were suggested to the team including:

  • School fees planning
  • Use of pension reliefs
  • EIS investments
  • Use of ISA limits
  • Salary sacrifice arrangements

The outcome of the meetings was a more committed team, satisfied that their reward matched their hard work and ambition. A regular annual meeting was agreed to be held with the team and that has been going now for more than five years.

For more information or to discuss further, please contact the Employer Solutions Taxperts.

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