The range of investments includes:
- Unit trusts and managed funds.
- Shares of public companies listed on a recognized stock exchange, inc share options and futures.
- Unquoted shares (including the shares of one's own company, subject to certain limits).
- Gilts and government bonds.
- Bank and building society deposit accounts.
- Loans, including loans to the parent company and associated companies
- Commercial property.
A SSAS can be very advantageous as it allows for the individual/s to:
- Save the business Corporation Tax.
- Keep control of their own assets at all times.
- Preserve their pension fund from annuity on retirement.
- Have investment freedom.
- Use loanbacks as a way of financing corporate activities.
- Invest in commercial property, securing company premises from debtors, allowing tax-free rental collections and ring-fencing from Capital Gains Tax.
- Various tax advantages.
Full advice will be provided on the above. Contact our wealth management team to find out more.