SSASs and developing property: Everything advisers need to know

Small self-administered schemes (SSAS) are known for their flexibility and wide range of investment options. One of these options is commercial property, which is a popular investment choice. The ability for company directors to acquire their own business premises into a SSAS is an attractive proposition. The rental income received under a lease back to the company is received into the SSAS, tax-free. There is also no capital gains tax payable when the property is sold, so the entirety of any sales proceeds, less your usual costs and expenditure, is received back into the SSAS, again ...