There are many reasons for wanting to sell your business, and the best way for you depends on what you aim to get from the sale itself. There are two main routes you can take when selling your business: Share sale Here the shareholders sell...
Using a SIPP (Self-Invested Personal Pension) or SSAS (Small Self-Administered Scheme) for Commercial Property investment
A SIPP, or Self-Invested Personal Pension, is a type of personal pension plan allowing individuals to have more control over the investments within their pension fund. Unlike standard personal pensions, which limit investment choices to a range of funds offered by the pension provider, a SIPP provides the flexibility to invest in a wide array of assets, such as stocks, cash and commercial property. SIPPS have been around for over 30 years, and they can be viewed as a tax efficient way of making an investment.
A SSAS, or Small Self-Administered Scheme, is a type of occupational pension scheme designed for companies, which are usually family run or owner managed businesses. It offers considerable investment options and can have multiple members, typically company directors or key employees.
