phone 0800 0811 567  email info@2tax.co.uk

 
 
 
 

Company Pension Funds

Do you need to improve company cash flow?

Examples of how you can use your pension include:

   

a) Haulage firm buying new lorries.

b) Road repair machinery purchase.

c) Dentistry equipment.


A Pension SSAS loan could be the answer.

Interest Rate

The minimum rate of interest for a SSAS loan is currently just 1.5% - 1% above base rate.

In its 2013-14 Member Survey, the Federation of Small Businesses* identified four in ten members with a bank loan are paying more than 6% and the average rate across all borrowers is 6.7%!!

Security

Remember that a first legal charge is required (in order to protect the pension assets). If your client doesn’t own commercial property outside their SSAS on which to place the charge there may be other solutions; we’ve been involved in first legal charges over many different types of asset such as residential property, plant & machinery and trucks.  Our in-house Technical Team have a wealth of experience in taking a pragmatic approach to helping your clients to make the most of their SSAS whist of course protecting their pension assets.  

Give us a call and we’ll talk you through the process, including, if required, free SSAS set up.

If your client has a SSAS with another provider our Scheme Review and our SSAS Takeover services are absolutely free of charge.

A Case Study that 

may help

*Source:  The FSB ‘Voice of Small Business’ Member Survey 2013-14

Reclaim EU VAT for costs incurred in EU in year to 31st December 2014 by 30th September 2015

Reclaim EU VAT for costs incurred in EU in year to 31st December 2014 by 30th September 2015.

If you make purchases from another EU country your supplier will often not charge VAT. However, there may be times when your supplier charges you VAT at the rate applicable in their country.

The simplest way to do this is to apply for a refund using 'Reclaim EU VAT' service on the HMRC website - see this web page for details. or contact us

Minimum claim level:

  • 400 euro (£295) if a claim covers a period of more than three months but less than a year

  • 50 euro (£35) if a claim covers a whole year or the remainder of a year (ie where a claim covers the whole period between the end of a prior claim and the end of the year)

Do call us on 0800 0811 567 or email me if you would like help with this or anything else or for a no obligation chat.


WAGNER 2015 Budget guide

Click here for your 2015 Budget Guide. Please do call us on 0800 0811 567 or email if you want to discuss anything. 

WAGNER Pay Less Tax Newsletter

Click on the Image below to download our March 2015 Pay Less tax newsletter

Do call me on 0800 0811 567 or email me if you would like to chat over anything. 


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Help with tax, costs, cash-flow, profitability ?

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