Leveraging Commercial Property in Pensions: Benefits and Considerations for Law Firm Owners скачать в хорошем качестве

Leveraging Commercial Property in Pensions: Benefits and Considerations for Law Firm Owners

Richard Farquhar of Paterson Financial Planning explores the benefits and considerations of holding commercial property within a pension. This video explains tax advantages, including no capital gains or income tax, and potential inheritance tax benefits. Learn how law firm business owners and any business owner can use this strategy to save on rent or mortgage payments and how syndicate SIPs allow multiple pensions to invest in a single property. Discover financial strategies like borrowing towards property purchases and covering refurbishment costs through the pension. However, consider the illiquidity aspect, which requires selling the property for pension withdrawal. 00:00 Introduction to Commercial Property in Pensions 00:32 Tax Benefits of Holding Property in Pensions 01:25 Advantages for Business Owners 02:02 Collaborative Investment Options 02:37 Borrowing and Refurbishment Costs 03:25 Considerations and Downsides 04:09 Conclusion and Contact Information This video is for general information and does not constitute financial advice. Seek independent financial advice. Paterson Financial is able to do so for you.