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United Kingdom · Question · Written question

UIN 191375

Personal Pensions: Property

answeredUnited Kingdom· UK Parliament· EN

Introduced

27 June 2023

Last action

5 July 2023 · Answer

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Answered

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Source updated

5 July 2023

Summary

To ask the Chancellor of the Exchequer, whether he has held discussions with the Secretary of State for Levelling Up, Housing and Communities on the potential effect on the availability of flats in town centres of allowing Self Invested Personal Pensions

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Timeline

  1. 27 June 2023

    Written question

    To ask the Chancellor of the Exchequer, whether he has held discussions with the Secretary of State for Levelling Up, Housing and Communities on the potential effect on the availability of flats in town centres of allowing Self Invested Personal Pensions

    Source: Commons

  2. 5 July 2023

    Answer

    While the current tax rules impose no direct restrictions on the types of assets that Self Invested Personal Pensions (SIPPs) can invest in, SIPPs will incur tax charges if they acquire certain assets, such as residential property. This is to prevent indi...

    Source: Written answer

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