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Small self-administered plans are extremely tax efficient
and provide an excellent opportunity for directors to
make provisions for their retirement.
- These types of plans normally contain
fewer than 12 members, who are usually proprietary
directors.
- The plan gives the members control
over investment decisions regarding the fund, and
provides advantages in terms of cost and flexibility.
- A small self-administered plan is
established by the execution of a trust deed and rules.
A pensioner trustee who is approved by the Revenue
Commissioners must be appointed to administer the
plan.
Coyle Hamilton Trustees Limited is an approved pensions
trustee, and designs and runs small self-administered
plans to meet clients’ requirements.
For further information on Small Self Administered
Plans please contact us
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