As a fully registered UK pension structure, corporation tax relief is available for allowable contributions made by the company.
The rules that a SSAS operates under are ideally suited to SMEs (small / medium sized entities). One of the many features of a SSAS is that they enable a scheme to potentially provide financial support to the company, and can include loans-backs, and the purchase of commercial property.
In addition following pension rule changes in 2015, it also offers the opportunity for directors to add their family as members. This creates a highly effective long-term tax-exempt trust, which can be used to provide valuable retirement benefits as well as tax exemption for both Capital Gains and Inheritance Tax and a valuable family wealth trust as well.
There are numerous and extensive planning opportunities available under this pension structure.
The Consilio team have the expertise to research the market and find the most suitable solution and provider for your business.
Case StudyWe can also help with the following areas of corporate financial planning:
At Consilio Consulting, we provide comprehensive tax-efficient financial planning services for High Net Worth private and Corporate clients. We will work with you to understand your current position and financial goals. We will then build a bespoke solution utilising our expertise in a number of core areas.
Read MoreOur work at Consilio Consulting brings us into contact with companies of all sizes across the UK. How you structure your financial affairs can have a significant impact on the amount of tax you pay, both within your company and personally.
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