loan
Who is Pension Practitioner .com?
If you are a mortgage provider, I.F.A., property developer, tax adviser or accountant; you need to know that in a recent survey by Pension Professional Magazine, Pension Practitioner .com appeared head and shoulders above the competition for small self administered schemes (SSAS).
This select team of pension experts structure and administer various types of [...]
How S.S.A.S. can help extract cash from your property with tax relief
A Pension Practitioner.Com S.S.A.S. can help you cut tax and extract cash from your property without a remortgage whilst getting tax relief.
After regulated advice you transfer your old pension into your SSAS, account. Your scheme then purchases equity in the property (Subject to independent valuation.). This releases cash to you. A further [...]
SSAS loans - Five conditions for the principal and associated companies
The rules state;
The maximum loan is 50% of net assets of the scheme at the time of the loan.
The loan is for a maximum period of five years.
The interest rate has to be a minimum of 1% over the average of six high-street bank base rates.
The capital and interest is repayable equally over the period [...]
6 Points of today’s SSAS
Many experts mistakenly announced the doom of the SSAS (Small Self-Administered Scheme) at pension simplification. With every piece of pension legislation announced, the cry went up. As so often when one follows the heard blindly, all were summarily proved wrong. The “why have a SSAS when you can have a SIPP,” has [...]
