Self Investment Personal Pension Scheme – Commercial Guide

Would you like to buy a new, high specification commercial property for under £40,000 and get annual returns after 5 years of up to 20% and a property worth more than £90,000 with no Capital Gains or inheritance tax?

Harley Scott's unique entry point into commercial property and the following guide will show you how...

Arguably the biggest pension success story in recent years has been the rise of the SIPP. During a time when pensions have often been in the news for the wrong reasons, SIPPs have offered investors the opportunity to retake control of what is likely to be their most important asset other than their house.

With their wide investment choice SIPPs allow investors to pick the best investments, while benefiting from the generous tax relief offered by conventional pension plans.

As a result, astute investors have flocked to open a SIPP: leading them to grow from being relatively niche - largely the preserve of wealthy individuals – to becoming a mainstream way to save for retirement for those that are happy to make their own investment decisions.

Harley Scott offer a unique opportunity to invest in Commercial Property through SIPPS at a level of funding that is more affordable than ever before. Even with the tax benefits of purchasing commercial property through a SIPP, traditionally this has been the domain of the wealthy and as a general rule of thumb you had to have a pension fund with a value greater than £200,000 in order to make it worth your while. Not any more, with commercial units from £80,950 it is possible to purchase a £100,000 property with as little as £40,000 invested into a SIPP and see returns of 20% per year after 5 years plus tax free capital growth on a property worth over £100,000.

There are two basic ways you can start a SIPP:

• new contributions (such as monthly payments and one off lump sums) which attract tax relief at up to 40%
• transfers balances from other existing pensions allowing investors to move away from outdated pension arrangements with limited investment options and poor customer service. Prior to October 2008 it was not possible to transfer "protected rights" funds. These are funds built up by people who have contracted out of the state second pension, formally SERPS, or assets that have been moved out of final salary schemes. From October 2008, investment of protected rights assets in SIPPS will be permitted. There is more information on protected rights funds and SIPPS later in this guide.

• What is a SIPP? >

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