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Buying a Property using money you would have paid in tax
Poppy_2_2
Posts: 1 Newbie
I have heard that it is possible to buy a property, which would be used solely as a means of providing an income when you are retired, by using money that you would have paid to the Inland Revenue (tax money on your salary).
Does anyone have any further information on this..or was I dreaming!
Does anyone have any further information on this..or was I dreaming!
0
Comments
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You can buy commercial property with a pension but the rules are complicated and fees are very high. Normal rules on tax relief on pensions apply. It's not really an option for most people.0
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