SSAS Pension: How does a SSAS reduce Corporation Tax? Illustrated скачать в хорошем качестве

SSAS Pension: How does a SSAS reduce Corporation Tax? Illustrated

🟣 Book a call: https://onecrownpensions.com/book-a-c... 🟣 More on us: https://onecrownpensions.com 🟣 Become an Introducer : https://www.onecrownpensions.com/ssas... 🤝 🟣 Refer a friend: https://www.onecrownpensions.com/ssas... 🎁 Q. SSAS Pension: How does a SSAS reduce Corporation Tax? With Illustration PLEASE COMMENT BELOW: Need to know if a SSAS can reduce Corporation tax? Follow us on our social channels… LinkedIn -   / one-crown-pensions   Instagram -   / onecrownpensions   Facebook - https://www.facebook.com/profile.php?... Timestamps ⏱️ 0:00 Intro 0:18 SSAS Recap 1:15 The level of control SSAS offers 1:33 How does SSAS control the Corporation Tax bill? 2:31 A practical example with figures 3:43 An additional point regarding SSAS Contributions Full Description 📃 Setting up a SSAS pension scheme involves an active trading Limited Company, such as one owned by two directors (for example, a husband and wife). By establishing a SSAS, these directors can act as both members and trustees, retaining full control over the pension scheme’s assets. One of the main benefits of SSAS is that company contributions are considered administrative expenses and are therefore tax-deductible, which can significantly reduce the corporation tax bill. Contributions made to the SSAS do not need to match the directors' personal salaries, allowing the company to maximize its contributions without being limited by their individual income. For optimal tax benefits, companies should plan contributions before the fiscal year-end to ensure they fall within the correct trading period. In a setup like this, if the annual allowance is £60,000 per person, the company could contribute up to £120,000 for both directors, reducing its corporation tax by approximately £30,000. Additionally, if the SSAS is established early in the fiscal year, the company may be able to make further contributions in the following tax year, maximizing its tax advantages. This strategy provides a dual benefit of reducing corporate tax liabilities while building substantial pension savings within the SSAS. Subscribe to our channel here►►►►►►►    / @onecrownpensions   #ssaspensionproperty #ssaspensionmortgage #ssaspensionsbuyingownproperty