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“Can I pay for life insurance through my company?” Yes life insurance can be a tax deductible business expense, but only if it’s Keyman or Relevant Life Insurance. ✅ • Keyman Insurance: Protects the business if a key player (you, the CEO, the superstar) passes away. • Relevant Life Insurance: For directors — the company pays, and your loved ones get a tax-free payout. ❌ Normal life insurance policies = don’t do it through the company — this will trigger a Benefit-in-Kind (BIK) tax, and nobody wa
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