How a small self-administered scheme (SSAS) empowered business owner's pensions
Flexible, controllable, tax-beneficial, small self-administered scheme (SSAS) pensions are designed for business owners.
Key features
Only available to business owners with up to 11 company members,
a SSAS is primarily set up for private and family-run limited companies.
Members are also the Trustee controllers of the pension which means they
have control over the scheme assets and investment strategy.
Unlike Personal Pensions and their prescriptive investment choices SSAS Trustees
can choose from all investment types allowed by HMRC, including Loans to your own
or other businesses, property, all types of stocks and shares and even restricted
investments like Crypto assets and Foreign Exchange trading.
A SSAS lets you make loans to your own company and raise funding capital.
Business Entrepreneurs and property investors often use their SSAS to fund projects.
Trustees must unanimously agree appropriate investments before they take place.
Then our Independent Trustee Service will consider the compliance (with HMRCs rules)
of your investment choices and our Scheme Administrator will coordinate and
administer all the relevant paperwork, data and accounting on the trustee’s behalf.
As a pension you can save all of the income tax or Corporation tax on contributions
you make and the investment grow free of Capital Gains tax
Because a SSAS pension is a trust, it can safeguard assets in the event of insolvency,
bankruptcy and presently after initial members have passed away.
Children and grandchildren can be members, and as a trust,
SSAS assets are currently free of Inheritance Tax and Capital Gains Tax.
As a specialist independent Scheme Administrator of Occupational Pension Schemes,
Empowered Group are amongst the UK’s leading SSAS providers.
We can help with everything you need to Start a SSAS or transfer your existing SSAS to us.
As a specialist independent Scheme Administrator of Occupational Pension Schemes, Empowered Group are the UK’s leading SSAS provider.
