In the crowded pension market why a SSAS?

With a Small Self Administered Scheme an employer usually a Limited company but Partnerships, LLPs etc with at least one employee sponsor a flexible pension scheme usually for owners and senior staff.

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Property purchase

Owning a commercial property via a SSAS gives great tax advantages, for example:

Tax benefits on contributions,
Rent received tax-free,
No Capital gains tax on sale,
Free from Inheritance tax.

Placing a businesses premises into a scheme protects it from creditors and enhances the value of the business.

Family businesses

Pooling assets together through a SSAS can allow family business to pass assets down generations in a tax efficient and secure manner.

Loanbacks

Unlike a SIPP a SSAS can loan monies back to the sponsoring employer.
Up to 50% of the fund can usually be lent on a secured basis.
Funding that is not controlled by 3rd parties can be incredibly valuable to SMEs

Tax-free lump sums

Those with higher tax-free lump sums than the current 25% of fund can transfer to a SSAS and keep this valuable benefit and get access to wide investment flexibility.

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The investment choice is wide

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