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Transfers to the Trust are tax deductible for the company and will reduce or eliminate the current Corporation Tax liability.
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Full tax relief is guaranteed for the company provided Revenue guidelines are followed.
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Transfers to the Trust can be varied each year to suit the financial circumstances of the company.
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The Trust is confidential and separate from the staff benefits scheme. This may suit directors and senior employees.
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Trusts are an ideal vehicle for the remuneration, motivation and retention of key employees who are not directors.
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Trusts can be used as part of an efficient business exit plan for family owned companies by assuring the financial independence of the retiring generation.
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There is complete transparency of all initial and annual fees. There are no hidden charges. All fees are tax deductible.
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All Trust administration is done by ITC.