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A Small Self-Administered Scheme (SSAS) is a pension plan designed exclusively for company owners to provide the following benefits:
- Tax relief on contributions
- Tax free growth
- Zero Capital Gains Tax
- Zero Inheritance Tax
- Creditor protected assets
- Wide investment options including commercial property purchase
- Lend up to 50% of scheme assets to purchase commercial property
A SASS includes the option to pass on accumulated wealth to your next generation and enjoy flexible benefits at retirement.
Require support to set up a Self-Administered Scheme solution?
Talk to a member of the team about pension solutions on 01782 744144 or ask a question online.
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Pensions news and articles
Pension Planning Before the End of the Tax Year
For most taxpayers the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both contributions by the individual and their employer. Note that the unused allowance for a particular tax year may be carried forward for three years and can be added to the relief for the current year, but then lapses if unused.
