Pensions and property

May 15, 2005 1 Replies

Can you help with the new pension provisions being introduced next year which allow the inclusion of property in a pension fund? I own 2 properties one of which I own outright and one with a mortgage. I would like to move the mortgaged property into my pension fund, how is this done? Does the pension fund pay me the property value and I have to pay capital gains tax or can I just move it into the fund with no payment of capital gains tax or stamp duty?


I would guess that it is this.

It certainly isn't a way of avoiding CGT.

Note that the Pension fund can only borrow 50% to fund the purchase.

tim

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