Money Wise

Small Self Administered Scheme (SSAS)

For the owners or directors of limited companies who want to maximise the  success of their business.  SSAS is especially attractive for family run businesses wishing to pass down wealth from one generation to another.

SSAS can be route to huge tax savings, an effective mechanism for transferring a family company from the old to the young and also built up into a source of funds for the business (loan backs). A SSAS is suitable for the controlling directors of a company where the shares are mainly or wholly owned by them. The definition of controlling director is a wide one and in practice the most important people running smaller companies will qualify if they or their family own a significant percentage of the the shares.  A SSAS derives its attractiveness from several key powers open to the trustees and the technical details of its structure. The main ones are a high funding facility, a pooled (non earmarked) fund, power to make loans, the ability to borrow and the power to invest in commercial property.

Wrap demonstration
A “Wrap Account” is an Internet based investment account and financial services product, which enables investors to view all their financial assets in one place and on one platform. Within a wrap-account one’s whole portfolio can be analysed and quantified according to monetary value, tax treatment, product type and asset class - a genuine wealth management facility. With a click of your mouse, you are able to deal online, consolidate all your investments and check your portfolio 24 hours a day from one central source. For a demonstration please click on Wrap demo. The User ID is '10611249' and the password is 'password'. Please note that it a demonstration site only.






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