Corporation Tax savings calculator

It depends on your profit, how much cash you are holding, and how many directors are involved. The calculator above gives you the scale of it in about two minutes. What it cannot do is tell you which structure fits your business, or what to do with the money once it is inside. That is what the call is for.

Most accountants focus on compliance and on getting the return filed correctly, which is a different discipline from structuring. A SSAS and a Family Investment Company are specialist areas, and many directors first hear about them from someone other than their accountant. We work alongside your accountant rather than replacing them, and they are usually involved once a structure is being set up.

This is the part most directors do not expect. It can buy your business premises, so the rent you are paying a landlord goes into your own pension instead. It can lend back to your trading company. It can hold commercial property, and the growth and the rent are not taxed inside the scheme. You remain a trustee, so you decide.

Yes, and it is one of the most common reasons directors set a SSAS up. The scheme buys the property and leases it back to your trading company on commercial terms. The company deducts the rent as a business expense. The pension receives that rent without Income Tax, and any growth in the property value is not taxed inside the scheme.

Yes. A SSAS can lend up to 50 per cent of its net value back to your own company. The interest is paid into your own pension rather than to a bank, and there are no credit checks. HMRC sets strict conditions on the term, the interest rate and the security, and we handle that side of it.

It can be. Cash sitting in a trading company beyond what the business needs to trade can be treated as an excepted asset, which strips that cash out of any Business Property Relief claim. Left long enough, a growing pile of investments can also change how HMRC sees the company. The point of acting early is that both issues are easier to address before they become a problem.

The usual trigger is annual profits at or above £50,000, where the benefit typically outweighs the cost of setting a structure up. Directors with profits above £100,000, or with cash building up that the business does not need, tend to see the most benefit. Earlier is generally easier than later.