Corporate Planning

There are several ways to take money out of a limited company, including salary, dividends, pension contributions, and director loans. The most efficient approach for you will depend on your individual tax position, your other income, and your personal financial goals. We help you structure your remuneration in a way that is both tax-efficient and aligned with your long-term plans.  

Contributing to a pension through your company is one of the most tax-efficient ways to build personal wealth as a business owner. Company pension contributions are typically deductible for corporation tax purposes, and they allow you to accumulate retirement savings in a way that a personal salary cannot match for efficiency. We help you understand your options, including SIPPs and executive pension arrangements, and build a strategy that reflects your retirement goals. 

Attracting and retaining good people is one of the most important things a business can do. A well-structured employee benefits package, covering group life insurance, group income protection, and workplace pension arrangements, can make a significant difference to recruitment, retention, and staff wellbeing. We help you design benefits that are meaningful to your team and manageable for your business. 

If your business has more than one owner, shareholder or partnership planning ensures that the business can continue smoothly if an owner exits, becomes incapacitated, or dies. We help you put the right agreements and cover in place so that both the business and the individuals involved are protected, and so that there is a clear, agreed plan for every scenario.  

Whether you are planning to sell your business, pass it on to a family member, or step back over time, succession planning ensures the transition is as smooth and tax-efficient as possible. We work with you well in advance of any exit to maximise the value you realise, protect the legacy of what you have built, and ensure your personal financial security after the business.  

Many business owners focus so much on the company that their personal financial planning takes a back seat. Your retirement savings, protection cover, estate planning, and investments all need to be considered alongside your business strategy, not separately from it. Because Bower Wealth provides the full range of personal financial planning services alongside corporate advice, we can make sure both sides of your financial life are working together. 

Not at all. We support businesses of all sizes, from sole traders and self-employed professionals to family-run companies, growing organisations, and established firms. The earlier a plan is put in place, the more options are typically available to you.

Yes. Sole traders and self-employed individuals have specific planning needs, particularly around pension contributions, income protection, and tax efficiency. Without an employer contributing to a pension on your behalf, building your own retirement savings requires a deliberate and structured approach — and that is exactly what we help you create.

The two are closely linked. Your salary, dividends, pension contributions, and the eventual value of your business all affect your personal retirement income, your tax position, and your legacy. We consider both together to make sure every decision serves your broader financial goals.

Yes, and we actively encourage it. Good corporate planning often requires close coordination between financial, legal, and tax professionals. We are experienced in working as part of a wider advisory team and will liaise with your existing advisers to ensure your plan is fully aligned.

Earlier than most people expect. Effective succession planning typically takes several years to execute well, particularly where tax reliefs such as Business Relief are involved. We recommend starting the conversation well before you intend to exit, so all options remain available to you.