Tax & Financial Planning
Business treasury: approaching surplus cash
A framework for separating operating liquidity from surplus cash before evaluating products.
Business surplus should first be viewed against payroll, taxes, supplier payments, debt servicing, planned capital expenditure and a suitable contingency reserve.
After near-term obligations are mapped, available products can be compared by liquidity, maturity, credit quality, market risk, taxation and documentation requirements.
The appropriate approach depends on the business's cash-flow cycle and circumstances. Product distribution and facilitation do not constitute personalised investment, tax or treasury advice.
This article provides general educational information, not individual investment, tax or legal advice. Eligibility, risks and product terms apply. Product suitability depends on individual circumstances.