Use your Pension to Invest in Property
★ Kal Kandola ★
![★ Kal Kandola ★]()
★ Kal Kandola ★
★ Property Developer ★ Mentor ★ KandorTV ★ Nightclub Owner ★ Finance Strategist
Do you have a Pension and have you heard about how you can use that pension to invest in Property. Interested, then you need a SSAS Pension. What is a SSAS? A SSAS is a Small Self Administered Scheme (SSAS) and can be set up if you have an active UK limited company and you are a Director of that Company; it must be a genuine trading or investment company. This can be a newly formed company. You will be a member as well as a trustee of the pension scheme and you ultimately make the investment decisions, so this give you the control that you want over your pension. Although you can obtain advice from a financial advisor or specialist such as a chartered surveyor for property purchase, you can bring in other people into the scheme with you, such as family or other directors. All Contributions paid in, qualify for tax relief and investment income, and growth is free of tax. From age 55 you can take a quarter of the fund free of tax, the remaining fund will be subject to income tax at your marginal rate. There is no limit on the amount of income that can be paid out. The funds on death can be paid out to your family. There is a lifetime limit that can be built up plus you can subject to advise, transfer in most other pensions. Then you can invest this into property Property Commercial property can be bought via your SSAS. You negotiate the terms with the seller via the property’s agent and once you are happy with the price we organise everything else.
Rental income will be paid into your pension bank account and any mortgage and other costs will be met from that account. Want to know more? Then come and join us at the SSAS Alliance launch on 3rd December in Nottingham
