West Kirby Corporate Retirement Planning
Eventually we all have to think about retiring. For business owners, it can be difficult as you will need to consider a tax-efficient way of extracting profits from the business. A West Kirby corporate retirement planning review can make a plan for your income after your business has been sold.
West Kirby Corporate Pension Advisor
Maybe you have not taken advantage yet of all of the tax planning opportunities that are available to you. Maybe you are missing out on an opportunity to bolster your retirement funds. Maybe you could make a pension fund the owner of some business assets, such as buildings, to make the business more tax efficient.
Self-Invested Personal Pension (SIPP)
A Self-Invested Personal Pension (SIPP) protects many different types of asset. You can use it to hold company property, bonds, shares or cash. It is a good choice for companies who wish to purchase their premises. You can do this and then make rental payments back to the SIPP on the company’s behalf.
Business property relief (BPR)
You may wish to fund your retirement through selling of your business. If you can claim BPR on the sale this could be an advantge, and could even be the key to a successful retirement. We can help you maximise the benefits.
Self-Administered Scheme (SASS)
A SASS is like a SIPP, but with the ability to loan up to half of its accrued value back to the company as cash.
Corporate Pension Planning West Kirby
There are several schemes to consider when planning for retirement. Tax, cash flow and your attitude to risk are all important factors. Choosing our West Kirby corporate retirement planning team to talk through your business and retirement plan helps you to put everything in place properly.