SSAS's (Small Self Administered Schemes)

The Finance Act 1973 allowed companies to make pensions provision for directors, including controlling directors (ie those who own over 20% of the share capital).

Contributions to such schemes are tax deductible and the directors also have greater control over investments including property purchase.

An independent Pensioner Trustee must be appointed to the scheme

SASS's may not be suitable for all companies and we recommend you seek advice on the most suitable way forward.

Levels and bases of and reliefs from taxation are subject to change and their value depends on the individual circumstances of the investor.

 

The FCA do not regulated Small Self Administered Pension Schemes