How to complete the SSAS application

We will ask you to complete a simple online survey to start the SSAS application. Please note these points below in respect of some of the questions that you will be asked:

COMPANY INFORMATION

VAT number – if your business is VAT registered please insert the VAT registration number here. If your business is not VAT registered, please insert “Not vat registered”

PAYE reference – if your business operates PAYE please insert the PAYE reference number here. If your business does not use PAYE, please insert “No PAYE scheme”

Corporation Tax reference number – every Limited Company has a 10 digit numerical Corporation Tax Reference or Corporation UTR number. HMRC issue this number to you as soon as a Limited Company is established.

PERSONAL INFORMATION

Personal details – Each person that you wish to be a Member Trustee of the SSAS should complete their details in this application

Unique Tax Reference number (UTR) – this is an essential part of your application. This is a 10 digit numerical reference number that HMRC issue to you. You will already have such a number if you have ever registered for self assessment with HMRC. The number will be included on all correspondence that you have from HMRC. If you cannot find the number, your Accountant should be able to assist. If you don’t have one, you will need to apply for one using the gov.uk or HMRC websites and register for self assessment or for a Unique Tax Reference number

Existing Pensions – If you intend to transfer existing pensions into the SSAS, you can note those details here

PERSONAL INFORMATION

Scheme name – As the SSAS will be an identifiable legal entity, it needs to be given it’s own name. This name can be anything that you wish, although it is usually related to your business name or your family name, such as “The ABC Ltd SSAS Pension” or “The Jones Family Trust” for example

How will the SSAS be funded – this is not a commitment from you or your business, it is simply an indication to the SSAS administrators of how the SSAS will be funded and what level of value you are planning to have in the SSAS in the next 12 months

How will the SSAS be invested – this is also just for general information and is not a commitment from you to undertake any specific actions or choices)

NEXT STEPS

Once we have received your full SSAS application, we will cross check all of the details therein and then pass the application over to our SSAS Administrator colleagues at Retirement Capital.

Retirement Capital will then be in direct contact with you to undertake the next stages of the SSAS application – those stages being the initial Anti-Money Laundering ID checks as well as the digital and wet signing of the formal SSAS Deed documents with you.

If you have any questions, please do just get in touch.

With very best wishes on the start of your SSAS journey!

Paul Barry

SSAS Consultant