Business Services FAQ
Have questions? We have the answers. Frequently asked questions about our financial planning services.
Business Services FAQ
Can you help my business with automatic pension enrolment?
Yes we can. We have a range of solutions to help you meet both your initial and ongoing obligations. Our low cost solution is perfect for employers who want a system to deal with their ongoing compliance requirements without high costs.
Can you do my company accounts?
No, we are not accountants.
Can you set up a company pension scheme for my business?
Yes we have a range of solutions we would be delighted to talk to you about. These include both staff and director schemes.
Can I protect my business from losing one of my key employees?
Yes we can help you with this. If a key member of staff were to be off sick for a long period or to die suddenly, your business is likely to suffer. We can help you put the proper protection planning in place.
I am worried what would happen to the value of my company if my business partner were to die suddenly. Can you help?
Yes we can help you plan for this and mitigate some of the risks. We will use our expertise to achieve this for you in the most tax efficient manner.
My business is looking to invest some money. Can you help with this?
Can you set up a pension scheme for the company directors?
Yes we can design a pension solution that specifically meets the needs of your company directors.
I’ve heard I can set up personal protection policies through my company. Is this correct?
Yes you can. You can use a specially designed product called a Relevant Life Policy. This is personal life cover that is an allowable business expense. We can help you with this.
I’ve heard about a pension called a SSAS. Would I benefit from one of these?
A Small Self Administered Scheme (SSAS) is a special type of company pension. There can be many advantages to using this type of scheme depending on what you are trying to achieve. For example, it can be a great way of financing the purchase of a commercial property. This could be the property your business already owns, a property you want your business to use or just an investment.
I’m interested in Director Share protection or Partnership protection. Can you help?
Yes we can. We would be delighted to discuss your requirements so please contact us. We can help put together the best strategy to achieve your objectives in the most tax efficient manner.
I’m interested in providing my staff with some additional benefits. Can you help?
Yes we can help design a suite of benefits to help you retain and motivate your staff in a way that really works for your business.
I want to put in place a proper plan for my exit from the business. Can you help?
Proper planning is the key to achieving this in the way that is best for you. You want to maximise value and minimise tax. We can help you put this plan in place.
Can you answer another question that isn't listed here?
Certainly. First, you might want to check out the other FAQ pages to see if your question has been answered already. If not, please contact us or use the ‘live chat’ at the bottom right of every page. We’d love to answer any questions you have about NorthStar and how we can help you achieve your financial goals.