A Balanced View of SSAS Pensions with Richard Parker

30/11/2023 34 min Temporada 3 Episodio 117
A Balanced View of SSAS Pensions with Richard Parker

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Episode Synopsis

#117Have you heard UK property investors talking about SSAS pensions and wondered what they’re all about? Or are you on the fence about whether to set one up? Richard Parker of Chariot Developmentsis the author of SSAS Pension Legacy: Build a Wealth and Personal Legacy with a SSAS Pension. In this episode, Richard talks us through the pros and cons of setting up a SSAS giving a more balanced view than most other champions of this increasingly popular UK property investment tool. During the show, we discuss: ·      HMRC's stance on the kinds of businesses eligible to set up SAS pensions for property investment.·      The role of SAS administration companies and the need for careful consideration when choosing one.·      The suitability of SSAS pensions based on investor activity and the array of significant tax incentives available.·      Unique features of SSAS pensions, including joint ownership and potential tax incentives relating to Capital Gains Tax / Inheritance Tax.·      Different potential options for SSAS pension trustees·      Commercial Property Investment: Learn from Richard's successful commercial property investment in CMOs the commercial equivalent of an HMO And find out why Richard would not have a nanny as one of his ideal housemates in our fun feature: My Mini-Mo!  Leave an honest review of Expat Property StoryJoin our Mailing List to access our 37 Question Due Diligence Checklist; our 23 Step Guide to Buying Property at Auction and our Monthly NewsletterFollow the Show on InstagramTell us the one thing you’re struggling with in UK property We typically work with time poor professionals get a good return on their money by investing with us. To schedule a call to discuss As a reminder, here are the details of where to meet other Expat Property Investors (For FREE!!!):Hong Kong: The Urban Bakery in the Landmark Building in Central on the first Saturday of each month (Saturday S6th October, 2023) from 11:30 amDubai: Holiday Inn, Science Park on the first Wednesday of each month (Wednesday 4th October, 2023) from 7pmSingapore: The Providore at VivoCity on the first Saturday of each month (Saturday 6th October, 2023) from 10:30 am Keywords SSAS administration, SAS pension, HMRC definition, trading business, investment business, pension administration company, HMRC fines, tax incentives, inheritance tax, commercial property, rental income, SSAS pension, SIPP, joint ownership, property investment, liquidity needs, long-term commitment, pre-guidance, auction property, lockdown investment, commercial property management, tax-free lump sum, investment options, residential properties, special purpose vehicle, capital gains tax, Richard Parker, SAS Pension Legacy, responsible pension management, commercial property management