Tax and Pension Planning

Purchase one of our commercial properties "tax-free" even with an initial pension fund of under £100,000

For businesses wishing to invest in commercial property for their own occupation or for subletting, investment via a Self Invested Personal Pension Fund can remove obligation for income tax, VAT, capital gains tax and inheritance tax.

Despite the recent restrictions on pension fund borrowing introduced on 5 April 2006 it is still possible to purchase commercial property even with a modest initial pension fund in the right circumstances.

For example it may be possible to purchase a property valued at £1 million even with a small initial pension fund (below £100,000) and over a 15-year period assuming modest increases in capital growth this could lead to a fully funded pension fund in excess of £1.8 million. A large proportion of the expenditure is tax deductible in your business and the uplift in value is completely outside the scope of income and capital taxes.

If this is of interest to you we would be happy to introduce you to our property team of accountants, Garbutt & Elliott who have come up with this innovative idea. They will undertake a no obligation feasibility study into your particular circumstances to assess whether this type of planning would be suitable for you and, to provide you with an illustration of the tax savings you could make.

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