It’s a jungle out there: finding your way
As a result of changing regulations and a glut of new, seemingly innovative products, it’s difficult these days for customers to compare different insurance products – let alone create a customised solution for their own business. That’s why more and more small and medium-sized business owners are seeking the advice of neutral insurance brokers. Brokers work with all the insurers in Switzerland, which means they can work out the best possible solution for each customer – regardless of what the insurer might recommend.
The area of tax planning is often not given enough attention, particularly in the case of SMEs. “It's not worth it” is a common excuse for avoiding the issue. However, clients generally recognise the long-term benefits when they are presented with a tax concept for SMEs that takes into account the tax implications for the legal entity (usually a public limited company or a limited liability company) on the one hand, and the company owner on the other.
The following eight practical tips about tax and insurance will give you an initial overview of the possibilities and planning options available. We’ll introduce you to a series of key measures that don’t take much effort to implement. And if you want to learn more, you can complete the SME Compact course at Migros Club School.