Executive Pensions: An essential element of your succession and business exit strategies.Do not miss the chance to finance your business premises tax-free through your executive pensions planning.
Burgess & Lee's specialist independent financial advisers will guide you through the opportunities available.
They include tax-free Self-invested Personal Pensions (Sipps) which allow individuals to invest directly into their own personal pension pot.
A top rate (40%) taxpaying syndicate which used a Sipp fund to buy business premises worth £1 million would gain a cash rebate of about £230,000, plus a contribution of about £280,000 to the fund.
So while the business unit would notionally cost £1 million, the syndicate would benefit from £510,000 of tax breaks.
However, Burgess & Lee recommends great caution before proceeding. Sipps are not suitable for a large number of people.
For expert financial advice on executive pensions and Sipps, phone 01202 312288 or email us