Property in a pension: Let the tax man pay the deposit

At this time of year, many people are rushing to review their opportunities to invest in a tax-efficient manner before the April deadline. For self-invested personal pension (SIPP) clients, the numbers involved can be significant. Investors in the current tax year can put up to £50,000 into a SIPP, which can attract up to 45% tax relief depending on how much an individual earns. They can also carry back their allowance to previous years, resulting in up to £200,000 of contributions and the associated relief. One asset class these investors tend to overlook is residential property, as ...