SSAS and allowable investments

Bloblik

I run a Ltd company and am considering starting a SSAS Pension Trust , and investing in commercial property for my business through it.

I understand that the property must be strictly commercial in nature,

I am interested to know where Work/Live developments sit in regards to these being an applicable investment, and could an employee of the company reside there if it was.

I read there are some instances where part of the property could be used for residential, for example a Shop owner - unconnected to the Director of the Company that runs the Pension that owns the property, may live in the flat above.

And where can I find information about what is allowed by the rules and what is not.


Thanks

Dox

Google on 'SSAS permitted investments' and you'll get loads of information e.g. https://www.jameshay.co.uk/media/1671/ssas-permitted-investments.pdf. If you need more info than you can find online, contact any of the providers whose names popped up when you googled.

Bloblik

... duplicate post

Bloblik

Thanks - looks like HMRC write the rule book, sure they have some weight tomes on the subject ...

This document was very helpful, although still not answered the question of whether Live/Work developments are accepted, their function is commercial space provision:

http://library.adviserzone.com/slsip82.pdf