Many business owners are not aware that business protection exists so far as shareholder protection, partnership protection, and keyman insurance are concerned. It is often the case that once the business understands how these products can help the business survive through the worst times , it tends to make sense. First of all people tend [...]
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Whether or not the premiums for Keyman Insurance qualify for tax relief is a common area of discussion. In short there is no definitive answer as the last time the taxation of these policies was discussed in parliament was in 1944. The principles of taxation were set out by the then Chancellor of the Exchequer, Sir [...] To say that Keyman Insurance is overlooked by most UK companies is a serious understatement. For those of you reading this article who do not know what Keyman Insurance is, here’s a brief explanation. Keyman Insurance is a life assurance policy taken out by a company covering an employee/s sudden absence from the business due [...] |
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