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Allow residential property in a SIPP

Submitted on Thursday 18th August 2011

Published on Tuesday 23rd August 2011

Current status: Closed

Closed: Thursday 23rd August 2012

Signatures: 3

Tagged with

Tax

Petition Action

Allow residential property in a SIPP

Additional Information

Allow tax relief on mortgages at the basic rate, this relief would be paid into a pension or SIPP. People renting would also pay a proportion into a SIPP which would be property based and completely TRANSPARENT & cheap to administer. This way we may start to trust investment schemes, at the moment there are too many interested parties intent on fleecing naive investors. There is much more to this idea.


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