Old Mill Updates

Watch it back: COVID-19 planning opportunities for owner-managers

Thank you to everyone who joined our webinar for owner-managers on Thursday 18 June, and for those who asked us a question.

In this session we featured the below topics and we’ve highlighted the time they were discussed so you can get to that section with ease.

18th June 2020

2.35 Tax expert, David Maslen, will examine how you can use the tax system to generate additional cash flow for your business by reviewing R&D tax credits and capital allowances. Outside of government loans and grants, he touches on other ways of raising capital such as the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS).

21.30 Pensions specialist, Steve Woodham, runs through the ways Self-Invested Personal Pensions & Self-Administered Schemes can be used to support your business from a funding perspective and how your pension fund can potentially buy commercial property out of the business to inject funds onto your balance sheet.

33.20 Financial planner, Tony Hawes, runs through some of the key areas business owners should be thinking about as we emerge out of lockdown. The focus so far has been on the traumatic impact of COVID-19 on businesses, but the knock-on effect is that owner-managers will need to think about recalibrating their financial plans to meet their goals and objectives.

For more information, or if you have any questions about any of the above, please contact your Old Mill adviser or email enquiries@om.uk.