Since "A Day", the scope for funding large pension contributions has increased substantially and Self Administered Pensions permit the company director not only to take advantage of the tax breaks associated with pensions, but also retain flexibility by not having to tie funds up until retirement.
The loan back facility to the company can assist with the purchase of plant and machinery and accrued funds can be used as a source of deposit for commercial property acquisition.
Self Invested Personal Pensions may also be used on a collective or individual basis for commercial property purchase. These plans could be highly tax effective in reducing a company's Corporation Tax liability, yet allow access to funds for loan back to the company.
Please contact us for further advice.
Corporate Pension Planning
