 | | | How to take the whole of your fund in cash You have read it correctly, it is possible for all of the fund to be paid out in the form of cash... read more... Pension Scheme Loans A SSAS can lend 50% of its net assets to the business. The maximum term being 5 years and there must be a charge over an asset of equal value. If a loan is made to an unconnected company or person the 50% restriction or charge does not arise.... read more... Reduce your Capital gains tax If you own and asset which increases in value you could incur capital gains tax (CGT) on this disposal. CGT can apply to shares, until trusts, land, property (non primary) and antiques which can all increase in price... read more... Reduce your Corporation tax Corporation tax is the tax paid by businesses on their profits. Unincorporated organizations (such as clubs and societies) also pay corporation tax. Partners in both traditional and limited liability partnerships and sole trader pay income tax instead. read more... Reduce your Personal tax Quite simply, the less you earn the less direct taxes you pay. However, there are tax deductable expenses which can reduce your overall tax liability... read more... Selling personal and business assets to your scheme tax efficiently If you feel that your SSAS would benefit from investments that you or a third party owns then you can sell those assets to your scheme on arms length terms highly tax efficiently... read more...
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