New Tax Year: Unquoted Shares as SSAS Investments
New Tax Year: Unquoted Shares as SSAS Investments
A SSAS is permitted to
purchase shares of unquoted companies. Although there are restrictions
associated with this, an unquoted share investment can inject vital capital
into a business. In addition, with company valuations seriously affected by
Coronavirus, share prices might be lower than usual. Assuming investment is
made into companies that survive the pandemic, there may be opportunities to
benefit from substantial tax-free gains when share valuations rebound.