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?
To view a full list of responses, click here. To pose your own question to our experts, click here Andy Zanelli: Where an ‘investment-regulated pension scheme' holds an interest in ‘taxable property', whether directly or indirectly, the following tax charges will arise based on the value placed on the unauthorised payment. The value being 100% of the value of the property if held directly by the scheme or, if held indirectly, the percentage would be adjusted to take into account the fact that only a part of the interest in the taxable property is held by the investment-regulated pens...
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