Pension planning for business owners

The tax-efficient way to save for your retirement

If you are a business owner, a pension is still one of the most tax-efficient ways to save for your retirement. You receive tax relief at your highest rate(s) on premiums that you pay.

 

Substantial portfolio

Just like other employees, as a business owner you should use your occupational pension arrangements to ensure that your personal affairs are structured as tax efficiently as possible. We can assist you with this. For example, a small self-administered pension scheme (SSAS) could allow your company to invest in many areas, including commercial property, in order to build a substantial portfolio of investments

 

 

 

 

 

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Levels and bases of, and reliefs from, taxation are subject to change. Because these investments may go down in value as well as up, you may not get back the full amount invested. The amount that can be contributed into pension schemes is subject to set limits.