SSAS Pension: Do SSAS costs come off the Corporation tax bill?
Автор: One Crown Pensions
Загружено: 2024-05-04
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Q. Do SSAS fees come off from the Corporation Tax bill?
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Full Description 📃
Do SSAS Costs Come Off the Corporation Tax Bill?
If the Limited Company that set up the SSAS pays the professional fees for running the SSAS, then the answer is yes, they will be a tax deductible expense, just like your accountancy fees. In effect, reducing the cost of running the SSAS for you.
We would encourage people to have the fees paid by their Limited Company because it reduces the cost of running the SSAS and leaves more money inside the SSAS for investment growth and your retirement.
Timestamps⏱️
0:00 Intro
0:10 The short answer
0:25 How this reduces the SSAS cost
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