Residential property concessions for SIPPs and SSASs

The general rule of thumb is that pension schemes like self-invested personal pensions and small self-administered schemes can't directly invest in residential property. The reason for this is that HMRC rules state that property "capable for use as a dwelling" is taxable property, therefore the acquisition of the same by a registered pension scheme is likely to result in punitive tax charges. For those that would like some alternative bedtime reading, you can find these at section 125200 of the Pensions Tax Manual (PTM). There is, however, a concession which provides an avenue for ...