New International Retirement Scheme is Now Open to UK Limited Firms
A brand new Pension Trust has launched in the United Kingdom, which now allows UK Limited Companies to provide their workers with retirement packages if they have responsibilities outside of the country.
This new International Retirement Scheme was previously only open to select few, namely direct clients, but it is now available across the board. It is hoped that it will become the most popular and recognised international pensions scheme. It’s claimed that it’s tax-efficient and substantial enough to be able to stand side by side with wrap platform offers from ISAs, SSASs and SIPPs.
Any employee in the United Kingdom who works for a Limited Company, who has any duties or responsibilities outside of the United Kingdom is eligible for the scheme.
Furthermore, it is available to executive of multi-national companies, as well as UK resident executives of UK companies.
It’s also claimed that the tax-efficiency of this benefit system reduces the overall, gross cost of the employment for those involved with the scheme.
Stonehouse Accountants operate in the Peterborough, Kettering, Corby and Market Harborough area, call us now if you’re looking to change accountant or need a new one. 01733 26588.