SIPPS

I’m currently working on our Alternative Finance report and thought I would share some of the issues around AltFi in SIPPs I’ve been grappling with this week: Alternative Finance investments are SIPP acceptable provided they meet the rules around taxable property, unauthorised payments and trading. (If they do not meet the rules, they will be subject to a tax charge). Taxable property consists of residential property – including residential ground rents, timeshare/holiday homes and the grounds of residential properties – and ‘tangible moveable property’ – this includes art, antiques, fine wine and vintage cars. In effect, anything that one can… continue reading