The SSAS allows you to benefit your business now while planning for your retirement. There is a variety of options available including:

Loans

The SSAS can loan 50% of the net assets of the scheme to the company. Loans may also be made to third parties, although you cannot lend money to scheme members or anyone connected to them.

Purchasing commercial property

A profitable company can reduce its tax liability and build retirement funds in the SSAS by purchasing the premises from which the company trades. The rent is then paid into the SSAS free of tax and if the property is subsequently sold there is no capital gains tax to pay.

The SSAS can also be used to buy shares in the sponsoring employer company.

The company is able to use pension funds to help run the business and the SSAS members are building substantial pension funds for their retirement.