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Tax Funding for Professional Practices

Key benefits:

Summary

Utilise cash where you really need it

Corporation tax can be a significant cost to your practice, putting momentous pressure on your cash flow and taking over your banking lines and overdrafts. By paying for your tax liabilities up front, you are losing the ability to utilise this working capital in other, more important areas of your practice.

Wesleyan Bank offers an unsecured loan over 6 or 12 months to fund your tax liability allowing you to retain cash in your business. As the only endorsed finance provider to the Law Society of England and Wales, as well as the Law Society of Scotland, and as a Member Rewards Partner to ICAEW members you can be assured that we have the expertise and knowledge to support your practice.

We provide an online application system which allows you to get an instant quote and apply online in minutes. Our tax portal operates annually between June - July and December - January.

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'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Syscap Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

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