At AccounTax Zone, we’re always looking for ways to help IT and software business owners make smarter financial moves — especially when it comes to reducing tax and growing sustainably.
Recently, we worked with a tech founder who was looking for ways to:
- Save for the future
- Reduce their corporation tax bill
- And ideally, find a way to invest more into their own portfolio/business, without outside borrowing
The Challenge: Profits Were Up, So Was the Tax
This client was doing well — revenue was growing steadily, and they had a healthy profit margin. But with success came a bigger tax bill.
They didn’t want to lose a large chunk of their profits to corporation tax, especially when they had expansion plans on the table.
That’s when we introduced them to the benefits of a SSAS — Small Self-Administered Scheme pension.
The SSAS Advantage: A Smarter Way to Save and Reinvest
Unlike traditional pensions, a SSAS is designed for company directors. It offers:
- Corporation tax relief on pension contributions
- Tax-free growth within the pension fund
- The ability to lend up to 50% of the fund back to your business
- Control over how your pension is invested — including in commercial property or your own business (under HMRC rules)
We helped the client set up a SSAS and make a substantial contribution from their company profits. That money:
- Reduced their corporation tax bill by £ 30,000
- Started growing in a tax-free environment
- Was partially loaned back into their company under strict terms, providing capital for expansion
The Result: Long-Term Growth + Immediate Support
By using a SSAS, our client didn’t just plan for retirement — they actively funded their present business goals, tax-efficiently.
They reduced their tax burden, avoided taking expensive external loans, and now have a pension fund that’s working for them — both now and in the future.
SSAS pensions aren’t just for big corporates. If you run a profitable IT or software company, they can be a powerful tool to grow your wealth and your business at the same time.
At AccounTax Zone, we help founders structure their finances the smart way — so they can build something that lasts.
Thinking of putting your profits to better use? Let’s have a chat.
