Empowered Training's SSAS Loanback Masterclass is the key to becoming the Bank of You!
SSAS Loanback is the most unique and powerful tool in your SSAS toolbox and our Loanback Masterclass will teach you how to use this amazing feature to really boost your business.
You can borrow from as low as 1%pa plus base making it the lowest-cost business finance you'll even find, and the huge benefit is that you're paying this to your own pension! However, you can pay more if you want, to move more taxable profit to your SSAS.
As an added bonus, the costs of borrowing the money are tax-deductible for your business!
We'll teach you exactly how to use this incredible low-cost finance to your advantage, the clever ways of getting big wins for the SSAS and business simultaneously, and how to make sure you borrow within the rules of course.
Whatever your business does, you'll never need to go to the bank again, and you'll be boosting your SSAS at the same time.
Course curriculum
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1
Welcome to the SSAS Loanback Masterclass
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2
What can Loanback do for you?
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3
How to get started
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4
Why are there rules?
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5
What are the rules?
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6
The security of your Loanback
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7
Life cover
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8
What does a prudent Trustee do? - understand the risks
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9
Due Diligence Masterclass
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10
Summary of Loanback and conclusion
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Welcome the SSAS Loanback Masterclass Before taking our programme Overview of our SSAS Loanback Masterclass & what is Loanback? -
What can Loanback do for you? -
Create your holistic business plan, check your Trustee mandate, get educated and assess support Choosing the right Loanback terms, checking the purpose and cash or in-specie? -
Helping you understand the rules by first understanding why there are rules -
Rules overview, sponsoring employers, LLPs and the key tests Security, using taxable property and replacing security Interest rate and term of loan Maximum loan amount, repayment terms and rollovers Don't worry - help is on hand! Testing your knowledge - the Loanback rules 5 Key Loanback Tests download -
Tangible security and how to avoid tax charges Intangible security Testing your knowledge - the security of your Loanback -
More Loanback security - Life cover -
Understanding the risks of Loanback Unauthorised Payment Charges and SSAS Loanback -
Repaying the debt, financial due diligence, and checking security, documents and your checklist Your complimentary Pre-Loanback Checklist -
Final testing your knowledge - some general questions Summary of the Loanback Masterclass Before you go...