Warrington Corporate Retirement Planning
When the time arrives for a business owner to begin to consider Warrington retirement planning, the first thing to consider should be a tax-efficient way of extracting profits from the business. A Warrington corporate retirement planning review can then be used to plan for income after the business is sold.
Most business owners have not taken up all the available tax planning opportunities that are available to them, and so are missing out on opportunities to build their retirement funds more each year. When the business owns certain assets, such as buildings, it may be better to make a pension scheme the owner of these.
Warrington Corporate Pension Advisor
Setting up a Self-Invested Personal Pension (SIPP) lets you hold many different types of asset. You can use it to hold company property, bonds, shares and cash. This is a good choice for companies who wish to purchase the premises they trade from and then make rent payments to the SIPP on the company’s behalf.
Business property relief (BPR)
Your retirement could be funded by selling up your business. Assessing if you can claim BPR on the sale could be the key to your successful retirement. We can help you maximise the benefits of doing so.
Self-Administered Scheme (SASS)
A SASS is similar to a SIPP, but it has the additional ability to loan money (up to half the accrued value) back to the company. This can help with financing.
Corporate Pension Planning Warrington
There are several schemes you need to consider when planning your retirement. Tax, cash flow and your attitude to risk are all important considerations. Choosing our Warrington corporate retirement planning team to talk through your business and retirement plan will help you to put everything in place.
Book your FREE Warrington business financial planning and Warrington retirement planning review today with a Warrington IFA by calling us on 01925 396122.
