Making Lives Better

Our service is designed to encompass all areas of your business' financial circumstances. Whilst many promise a holistic service, we are uniquely situated to deliver on this promise. 


Starting or running your own corporate entity is an enormous undertaking. However, it can be one of the most personally and financially rewarding endeavours an individual can embark upon. 

Our team has extensive experience in establishing and managing corporates over our diverse client base. We take a holistic approach in helping your business to thrive. Our strategic advice will be adapted as the business evolves from start-up, into expansion through to maturity.


Financial Services

  • Shareholder protection

  • Key man assurance

  • Investment strategies

  • Pension advice

  • Offshore investments

  • Saving schemes (ISA's, Unit Trusts etc.)

  • Self-invested personal pensions

  • Investments with tax relief

Tax and Accountancy

  • Director's Remuneration Strategy

  • Advice on Entrepreneur's Relief

  • Accountancy services

  • Specialist tax advice and government approved tax planning

  • Inheritance Tax Planning

  • Share schemes

  • Property purchase via tax exempt schemes

Exit Strategy Coaching

  • Aspects of exit strategy planning

  • Post-sale investment advice

  • Tax planning pre and post-sale


Our fee is based on the extent of support required and determined by the services actually needed.

Each fee is tailored and quoted in advance. 

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.

†These are FLM Tax Planning Services, which are subject to the FLM Terms of Business and are provided by a qualified Tax Adviser. The services are separate to those provided by FLM on behalf of St. James’s Place. As such they do not benefit from the St. James’s Place guarantee. 











At FLM we believe in the importance of simplicity. We have a straightforward process which allows you to do your due diligence free of cost and obligation before commitment. It is important to us that clients choose to work with us from an informed and wholly comfortable position:

We use our extensive knowledge and expertise to determine opportunities or inefficiencies in your business's financial strategy then, combined with our understanding of you, your business, and its goals, deliver our recommendations. 


Because each business has different needs, seeking expert advice at the very outset will ensure that your corporate structure meets both present and (possibly evolving) future requirements. FLM can assist you in getting ahead of the pack from the very beginning.

  • Company formation and choice of name

  • Choosing the right structure

  • Whether it be as a sole trader, partnership, limited company or limited liability partnership [LLP], we carefully illustrate which structure best fits your needs

  • Registration of business with the relevant authorities - HMRC and Companies House

  • The issuance of shares to yourself, family members and business colleagues, as desired

  • Regular bi-annual financial and tax reviews

  • Specialist advice including bookkeeping records and software systems to be kept for financial record-keeping

  • The filing of Annual Returns - including abbreviated accounts to companies House to verify directors are meeting their legal obligations

  • If turnover is sufficiently high, registering for VAT and completing quarterly filing

  • Payroll and auto-enrolment  

  • Filing of corporation and personal tax returns

  • Corporate and personal tax advice


These are FLM Tax Planning Services.​


Once the correct entity is selected for you, FLM's support has only just begun. We continue to add value by engaging in the delivery of pro-active financial advice such as ensuring your tax reporting commitments are met, and positioning the business for short, medium and long-term tax planning and relief opportunities.

Below are some of the key ways we can assist:


FLM can register an obligatory scheme to deal with statutory deductions against earnings paid. Levels of salary should be selected with employer and employee National Insurance contributions in mind. 

Most businesses, irrespective of their structure, will have insurance as one of their basic running costs. It is at the heart of their contingency or disaster recovery plans. However, in our experience, businesses rarely prioritise their insurance requirements and, therefore, often fail to consider the uninsured risks they are carrying as a consequence. We can help you to examine this.

Contributions are structured so that, as a business owner, you are truly in control. We will arrange tax-deductible company contributions to be made to your pension pot, unrestricted by the level of your personal earnings from the business.

With our knowledge and advice, Capital Gains Tax can apply at a reduced rate (as low as 10%). We can also offer advice on the use of investments with tax relief such as Enterprise Investment Schemes and Venture Capital Trusts. These investments can further reduce your tax liability. ‡

We can optimise dividend pay-outs and can ensure the extraction of company profits is carried out tax efficiently.

The most common objective of a remuneration strategy is to maximise the distribution made to the benefit of a business owner, taking into account all relevant circumstances. Emphasis must be placed on getting the right balance between short-term needs, long-term aims and cash flow. The lowest effective tax rate for a shareholding director will always be achieved through a combination of dividends, salary and pension contributions.   

*These are FLM Wealth Management Services

†These are FLM Tax Planning Services

‡ Please note that VCTs/EISs are illiquid investments, subject to future and retrospective tax changes and as such are suitable only for experienced, sophisticated or high net worth investors who accept that they may get back significantly less than the original investment. The value of any tax relief depends on individual circumstances.


Many owner-managed companies will generate cash surpluses through successful trading and unspent or un-invested profits. However, it will not always be the case that leaving funds on deposit is in the interests of the business, either commercially or on tax grounds. Retaining surplus cash not required in the day-to-day running of the business on deposit provides neither a good return nor the ability to defer tax. Investments held by a company will, for the most part, be taxed in an entirely different way than the same investments held by an individual. Depending on the company's accounting principles and the structure of the investment, opportunities to defer or mitigate tax do exist. 

Entrepreneurs' Relief applying to the first £10 million of capital gains arising on the disposal of business assets, at a rate of 10%, can be an exceptionally valuable relief. Understanding the relationship between trading activities and investment activities, given the value of Entrepreneurs' Relief, is essential. Our advisers are well versed in these opportunities and can add significant value to your business's overall performance as a result.

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected any may fall as well as rise. You may get back less than the amount invested.  

An investment in equities does not provide the security of capital associated with a deposit account with a bank or building society. 

The levels and bases of taxation and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.


At the basic level, employee benefits are how the business rewards its employees for the performance of their duties and are a fundamental running cost of the business. They can and should, however, be more than this; supporting the business goals of the organisation by encouraging the behaviour and values that it needs in its employees to be successful. It is increasingly popular to provide employee benefits to attract and retain key staff. 

These include but are not limited to: 

Many senior employees or higher rate tax payers may benefit from individual financial advice. For more details please see our Financial Focus For You and Financial Focus For Your Talent pages.


If you ask any business owner to list the key long-term drivers in their life today, it is likely that at the top of that list would be family. Not long after that, it is likely to state their desire to enjoy their lives in as comfortable a fashion as possible. An untimely death, ill health or loss of mental capacity could have a significant impact on not only the family's well-being, but the business's also.

In addressing these matters, the following are a few of the issues you may wish to consider:

  • The implications of not leaving a valid Will and the effect the rules of intestacy could have on the distribution of your assets and, therefore, on your heirs.1

  • Who have you left your business interests to, in the event of your death?

  • If you have left your share in the business to your spouse, do you fully understand the Inheritance Tax and commercial implications of doing so?

  • Do you know, or have you sought advice to confirm, whether the value of your business interests will qualify for Business Relief?

  • If you are in partnership or are a shareholder in a company, have you reviewed your partnership agreement or memorandum and articles of association recently, regarding the acquisition of a deceased partner's or co-shareholder's stake in the business?

  • Have you given any thought as to how the surviving shareholders/partners can fund the acquisition of a deceased shareholder's/partner's share of the business?

1Will writing involves the referral to a service that is separate and distinct to those offered by St. James's Place. Wills are not regulated by the Financial Conduct Authority. 


When considering exiting your business, it is always best to plan as far ahead as possible. Close examination of your business to understand its qualities, as well as the areas where you could improve operations, can considerably increase the value you can achieve.

The decisions you make immediately before, and after, you exit your business will be crucial in determining the success of your post-exit wealth plan. You will need to take advice and consider the tax consequences of the various options open to you; and ultimately where to then invest your wealth. Both are areas where we can help.

While it may be practical to delay any investment decisions until you have become accustomed to the funds you have at your disposal, it will increase the tax efficiency and flexibility of your options if you decide before you sell the business what you are going to do with the profits.

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected any may fall as well as rise. You may get back less than the amount invested.



FLM together with St. James's Place Wealth Management plc are the data controllers of any personal data you provide to us. For further information on our uses of your personal data, please see the Partner's Privacy Policy or the St. James's Place Privacy Policy ( .

Floors 2 & 3,

Basildon House,

7 Moorgate, 



020 7710 3402

© 2020 FLM Ltd. 

FLM is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the Group's wealth management products and services, more details of which are set out on the Group's website The title 'Partner Practice' is the marketing term used to describe St. James's Place representatives. FLM Wealth Management is a trading name of Financial Lifestyle Management Ltd.