Small Self-Administered Pension Scheme

Small self-administered pension schemes (SSAPs) are similar to regular occupational pension schemes and have the added benefit that each investor has direct control over any investments made by their pension fund.

Despite the massive tax concessions, most Proprietary Directors do not take full advantage of these schemes which can be the most effective tax-planning tool available.

SSAPs are available to all employees who pay tax through the PAYE system and can even run alongside other Executive Pension type arrangements.

Haydon - Chartered Accountants provide the tax and professional advice to clients in relation to the provision of Small self-administered pension schemes.