Event Information

This webinar is now an on-demand recording.

Companies come in all shapes and sizes from small or medium size businesses found across the UK to personal service companies used by individuals to contract out their services. What they all have in common is a company bank account which may well have surplus cash that could be doing better for the company and its owners. With today’s low interest rates and high inflation, keeping money in the bank comes at a price. And as inflation is high with bank interest rates low, the spending power of cash kept in the bank falls further and further. For this reason, many companies seek to preserve the value of their surplus cash by investing it.

This session will cover

• The overarching concerns of directors with regard to surplus cash
• The potential impact on IHT & CGT reliefs
• Insurance Bond & OEIC investment solutions
• Accounting and taxation issues

About the speaker

Graeme Robb, Senior Technical Manager, Prudential
Graeme is a Senior Technical Manager in the technical team at M&G Wealth. He is a Chartered Accountant and Chartered Tax Adviser, specialising in tax and trusts. Graeme joined Scottish Mutual's Technical Support Unit in 1996 providing taxation and trust expertise to its onshore and offshore operations. His role evolved to support other businesses under the Abbey National umbrella - Scottish Provident, Scottish Provident International, Cater Allen Bank and James Hay. Graeme also worked as a Technical Manager for Santander Private Banking UK and has held positions at accountancy firms Ernst & Young and Grant Thornton.

Costs

ICAEW members and non-members are welcome to join this webinar. Learn more about the Personal Financial Planning Community here.