Property

Please click on one of the headings below for more information.
 
With few exceptions, investments in residential property by a SIPP or SSAS are considered investments in taxable property and are subject to tax penalties. One of the exceptions is job-related residential property.
 
This page provides initial guidance to help you decide if a property is residential or commercial. Remember that an investment in residential property may trigger a liability to unauthorised payment charges.
 
There are strict rules that apply in situations where a pension scheme enters into a financial transaction with a connected party. Failure to observe these rules may result in a liability to unauthorised payment charges.
 
There are occasions where a tenant will seek to renegotiate the terms of a lease. Where a connected party is tenant of a pension scheme's property, it must be demonstrable that the scheme has acted in the best interests of the scheme.
 
 
All statements are for general guidance only and are based on our understanding of current legislation. Whilst every effort has been made to ensure accuracy, no liability can be accepted for any errors or omissions.  
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