Pension Practitioner .com help property developers cut corporation tax when they purchase commercial property.
If your business needs to purchase additional property, but you must keep up your working capital and your business faces a high tax bill; consult Pension Practitioner .com.
They administer for you a small self administered scheme ( SSAS) and ensure that you are registered for tax relief. Your contributions may be structured as a tax deductible expense. This can take the form of an in-specie contribution of a share of or the whole of one of your properties to your pension scheme. Your pension scheme can if necessary, secure a commercial mortgage with your company being co-owner - this often arises where the borrowing requirement is more than 50% of the value of your pension scheme.
By contributing property, land or a share to your small self administered scheme (SSAS) you may enjoy a lower corporation tax and allow the property to build up in the scheme free of capital gains tax.
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