Pension Property Purchase Advice Kent Ashford Maidstone Canterbury

The first thing to recognise is that residential property is expressly prohibitted as any form of pension investment - despite Gordon Brown's 2007 plans for the contrary! Only commerical property may be held inside a pension.

If a company or an individual buys a commercial property there is no tax relief on the purchase price and Capital Gains Tax is payable on any profit on disposal.

Conversely if one makes a pension contribution with that same money and then uses that money to buy the property there is tax relief on the pension contribution and any gain in value is tax free!

Pensions may also borrow up to 50% of their value to fund a purchase.

We are pension property purchase experts based in Ashford & Canterbury in Kent.

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