Question: A self-invested personal pension is invested in taxable property. What are the tax charges & subsequent rates & who is liable for each individual tax charge?
Question: Can a sipp buy shares in a company that is not its sponsoring employer?
Question: 'Part-time SSAS admins put schemes 'at risk' (IFA Online 29th May 2009). The story continues: 'HMRC has the power to levy a 55% tax charge on scheme assets......'
Question: I have clients with an Axa Sunlife 10 SSAS which was set up some time ago as the company were hoping to buy a property; the purchase didn't go ahead.
Question: As a SSAS provider ourselves, we feel the Budget's anti-forestalling measures penalise this type of arrangement inequitably. Most contributions are paid on an annual basis and, at present the legislation appears to offer no protection for...
Question: I have husband and wife clients (early 40's), both of whom are working directors of their company. They want to pay into a new plan, transfer other funds and borrow etc and purchase a commercial property off the husband and his father. My feeling...
Question: I have a client with a SSAS, with 5 family members in it. 2 parents and 3 children. The parents who have already been ear marked almost 80% of the current value of the SSAS which is predominantly farm land, wish to leave as much of the fund...
Question: I have a client who has a 500k fund in a SIPP accrued from previous employments. He has in the last 12 months set up a new ltd co with no existing pension provision. He is attracted by the idea of the employer loan back facility on a SSAS and...
Question: What is the estimated time between payment of a contribution and its investment? How does this compare with the similar existing European schemes?