Paul Barry SSAS Specialist gives us an insight into the world of pensions for small to medium sized business owners. The Small Self Administered Scheme pension (SSAS) is a massive business tool, to help scale your business, save huge amounts of tax and extrapolate you wealth in the long term.Key takeaways:- SSAS pension can be set up for anyone who has a trading business- A SSAS puts the Entreprenuer in control of their own pension funds- You can make contributions to the pension and avoid paying Corp tax on those contributions- You can lend back up to 50% of SSAS funds to help the business grow.- Trading businesses can contruibute up to £500k of profits in one year (not the usual £60k pension contribution limit for an indivdual.- The SSAS can own commercial property and can rent it back to the business. The business gets a tax deduction for the rent and the SSAS doesnt pay tax on the receipt.- SSAS is a trust so protected from inheritance tax.- A whole host of investment can be made from the SSAS as long as it meets HMRC criteria and its something that can be valued.If you want to find out more you can speak to Paul or contact him:Paul Barry - The SSAS Consultant <[email protected]>Reference: "REWD Group" for special offers on your SSASThis is not Financial AdviceLike, Subscribe and Share for weekly podcasts!Our story on Starting Real Estate Wealth Development and going for 0-200 properties in two and a half years: https://rewdtraining.co.uk/essentials...Following Real Property Training, for more tips on property investing:You tube:   @therealwealthpodcastInstagram:https://www.instagram.com/therealwealthpodcast/ Join our Real Property Community on Facebook: https://www.facebook.com/groups/1224232164973501Our Book: Fast track to Property Millions: Fast-Track to Property Millions: Amazon.co.uk: Duncan, Laurie, Robertson, Alex, Tracey, Conar: 9781739854379: Your Host: Alex Robertson is a self-made property investor and businessman. He comes from a financial background, gaining a degree in Accounting and Finance and then going on to qualify as a chartered management accountant. Alex is one of Co-Founders of Real Estate Wealth Development, a group of companies in the property industry, with over 200 buy to let properties, training company, construction company and development business. He is also the co-author of the book Fast Track to Property Millions. Contact:Instagram: @rewdgroupalexFacebook: (4) Alex Robertson | FacebookLinked in: (2) Alex W Robertson | LinkedInEmail: [email protected]

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