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Financial Planning for Business Owners
- Business owners have no automatic financial safety net like employees do.
- Secure savings, pensions, and protection independently.
Pension Disparity
- Employees often receive generous pension contributions, sometimes exceeding 16% of their salary.
- This "free money" is hard for entrepreneurs to match, creating a retirement savings gap.
Pension Contributions for Limited Company Directors
- Limited company directors can make pension contributions through their business, which are tax-deductible.
- This offers an instant uplift of 35% for basic rate taxpayers and even more for higher rate taxpayers.