How To Increase Your SSAS Business Pension Income
In the world of real estate, there are various sectors that one can invest in, such as commercial property or residential property. There are many differences between the two, but for this blog article, our focus will fall on two key areas that residential does not have access to.
First off, there are many tax incentives in commercial real estate due to the government enhancing individuals to invest in the high streets.
Secondly, if you already have a pension you can transfer it into an SSAS business pension that is designed for directors who would like to invest in commercial property and increase their pension with tax-free income.
An important thing to consider is the way a deal is being structured, for example, partnering with a bank can be beneficial for your investments.
An SSAS pension is great for business owners that would like to secure income streams for their future and create a legacy for future generations.