Bespoke SIPPs - made for you
If you deal with a SIPPs expert you will be amazed at some of the very clever things that can be done with SIPPs
Splitting up a large property
The client, who is QC, bought an estate in Scotland. The house and cottages in his own name, farm buildings and land in his SIPP.
The farm buildings were converted to residential use and sold before habitable, therefore no CGT was paid in the SIPP. The land was removed as tax free cash, and reinvested to provide income in retirement.
Putting a flat in a SIPP
The client, a private doctor operates from a flat in London SW1. He transfers 10% of the surgery value to his SIPP each year giving a tax saving of £80,000. His income accrues in the pension fund. He will take this out as tax free cash after five years.
The tax saved on money going into the SIPP is £400,000. The tax saved on money coming out of the SIPP is £120,000.
Working with listed shares
The clients, a couple, own shares in a Plus Market company. Each draws £60,000 per annum. Each transferred £16,000 worth of shares to a SIPP. With a purchase of £4000 to save each £8,000 of tax.
This gives them tax benefits with no loss of control.
We arrange for up to 60 clients to buy shares in large properties as tenants in common. These investments may include residential properties, care homes, and retirement homes as well as industrial and office premises. Property investment with control and spread of risk.