Your Business Your Pension: How to Use Your Business to Provide for a Better Retirement (How to)

If you are self-employed or are starting your own business you need to think about how you are going to fund your pension. This book will help you to deal with the coming pensions crisis so you can provide a realistic income for your retirement. It outlines the basis of the State pension provision, then goes on to detail the various ways you can use your business to provide for your retirement, such as: make use of the generous tax advantages provided by the Inland Revenue; understand the regulatory framework of providing a pension for yourself and your employees; learn about SIPPs, SSASs, UURBS, FURBS, Stakeholder Pensions, Phased Retirement, Drawdowns, Open Market Options, and all the other devices you will find in pensions literature; and gain information on how to sell the business or pass it on to your family. You'll also find tips and advice on saving money and getting the best tax relief available. Aimed at the self-employed and those starting their own business, this book helps to deal with pensions crisis and provide a realistic income after retirement. Outlining the basis of the State pension provision, it provides tips and advice on saving money and getting the best tax relief available.