Mitigation of Corporation Tax

One of our clients is a very profitable trading company that holds substantial property assets.

They came to us because they wanted to mitigate their corporation tax liability and fund a pension scheme.

The solution

In order to achieve this, we set up an executive pension scheme and, over a number of years, gradually moved the property into the scheme by utilising the annual contribution limit available.

This enabled the trading company to substantially reduce its corporate tax liabilities and, because it now leases the property, it pays contributions annually into the pension fund, helping to grow the retirement fund, whilst also further mitigating their corporation tax exposure.