If your family trading company had a couple of million sat in UK bank and savings accounts (waiting to fund a new office build), would you be taking any steps to protect it from possible UK bank failures at this point ? Maybe loan to directors who stick it straight in NS&I and just take the deemed BIK tax consequences ? Asking for a friend.
If its with one of the big boys HSBC, first direct, Lloyd's, barclays I wouldn't worry
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