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What is a SSAS Pension: Bitesize edition

What is a SSAS Pension: Bitesize edition

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Basics

What is a SSAS Pension? (bitesize edition)

A SSAS is a pension scheme for your Limited Company. SSAS stands for Small Self-Administered Scheme and it has a number of benefits and features that are unique. 

The Benefits of SSAS

Up to 11 Members

You can have up to 11 members as part of the SSAS.

Reduce Corporation Tax

Apart from planning and saving for your retirement and growing your pension pot, you can reduce Corporation Tax by making contributions to the SSAS up to the annual tax free pension allowance from your sponsoring company. These can be made for you and eligible members.

SSAS Funds are Protected

Funds that are contained inside a SSAS are protected against Inheritance Tax (IHT) and Capital Gains Tax. 

Purchase Commercial Property

You are also able to purchase commercial property with a SSAS. Visit our video hub to learn more.

Learn More About SSAS

We have designed the SSAS video hub as a tool to answer your questions and explore and learn more of what there is to know about SSAS.

Visit the SSAS Learning Hub

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