Pension Property
A key feature of self-administered pension arrangements is your ability to identify and acquire specific property investments.
Advantages of investing in property through your pension
All income and gains within pension schemes are exempt from income tax and capital gains tax (CGT) so the rental income is not subject to income tax nor will CGT be payable on the sale of the property. There are many reasons people are choosing to invest their pension in property but here is a list of the top 7:
You can choose the property you wish to purchase.
Both residential and commercial property can be acquired.
You can use your own market knowledge and contacts to access unique opportunities.
Income tax relief on employee and employer contributions remains at the higher rate of tax.
On retirement, you can take 25% of the value of the pension fund as a lump sum, of which €200,000 is tax free.
You have control over every aspect of your pension affairs including all investment and contribution decisions.
If available, borrowing can be utilised to assist in funding the purchase and the property fund can even be registered for VAT if required.
Why PensionProperty.ie?
With a view to making property purchases easier, PensionProperty.ie has developed a series of arrangements and procedures to ensure the process is as smooth and as straightforward as possible. A key feature is the overall comprehensive level of service throughout all stages of the purchase.
PensionProperty.ie can facilitate purchases in Ireland and the UK.
ITC Group or PensionProperty.ie does not provide investment advice. If you are interested in purchasing a property, please speak to your financial advisor.
