Pension Schemes – SIPPs and SSAS
Specialist Legal Advice for SIPPs and SSAS Commercial Property Investments
Self-Invested Personal Pensions (SIPPs) and Small Self-Administered Schemes (SSAS) are popular retirement planning vehicles that allow individuals to invest in commercial property as part of their pension fund. At Lawson West Solicitors, we offer expert legal guidance to ensure that your SIPP or SSAS commercial property transactions are handled efficiently, securely, and in compliance with relevant regulations.
What are SIPPs and SSAS?
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SIPPs (Self-Invested Personal Pensions): A type of personal pension that gives individuals greater control over their investment choices, including the ability to invest in commercial property as well as funds, stocks and shares.
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SSAS (Small Self-Administered Schemes): A type of occupational pension scheme normally set up by a limited company frequently used for small business owners and directors to benefit the owners, company directors and family members who are employees, allowing more flexibility in investments, including the acquisition and development of commercial property.
Investing in commercial property through SIPPs and SSAS can offer significant tax advantages, including potential tax relief on contributions, tax-free rental income, and capital gains tax exemptions on property disposals. Often clients will invest in a commercial property in their SIPP or SSAS and then run their connected company at the Property to get the rental income into the scheme.
How Lawson West Solicitors Can Help
At Lawson West Solicitors, our experienced team provides comprehensive legal services tailored to SIPPs and SSAS commercial property investments, including:
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Property Acquisition and Disposal: Assisting with the legal aspects of buying or selling commercial properties, including due diligence, contract negotiation, and completion.
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Lease Agreements: Drafting and reviewing commercial lease agreements to protect your investment and ensure compliance with pension regulations.
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Property Development: Advising on property development projects funded through SIPPs or SSAS, including planning permissions, construction contracts, and risk management.
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Regulatory Compliance: Working with your pension scheme administrators and tax advisors to ensure that all property transactions comply with HMRC rules and pension regulations, protecting the tax-advantaged status of your SIPP or SSAS.
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Funding and Finance: Advising on funding options and facilitating property transactions, including liaising with banks, financial advisors, and pension scheme administrators.
Our team works closely with pension scheme trustees, financial advisors, and property professionals to provide a seamless service that supports your investment goals.
Contact Us Today
If you are considering investing in commercial property through a SIPP or SSAS, contact Lawson West Solicitors for expert legal advice and support. Our team is here to guide you through every step of the process, ensuring a successful and compliant investment.
