000 01082cab a2200205 4500
001 ##L132474
008 060213n2006 000 0 eng u
035 _a(Sirsi) u132474
041 0 _aeng
100 1 _aBrecker, Nick
245 0 0 _aAllowable turns into prohibited
260 _c2006
490 0 _aEstates Gazette
_v(0605) 4 February 2006, 270(1)
520 _aReports on the decision in the December pre-Budget statement to remove all tax advantages for personal property such as holiday homes or buy-to-let residential properties bought through self-invested pension funds (SIPPs). Warns that large tax clawbacks await those who purchase residential property through SIPPs and that SIPPs will be restricted to a borrowing maximum of 50% of pre-borrowing fund value. It is however still possible to buy business property using a SIPP. Advises considering property funds as an alternative SIPPinvestment.
590 _aIKA140206
650 2 4 _aFINANCE ACT 2004 S157
650 2 4 _aFINANCE ACT 2004 S242
690 _aPROPERTY-PROPERTY FINANCE AND INVESTMENT
942 _n0
999 _c76466
_d76466