SIPP Plans Shelved Favourite This topic contains 5 replies, has 5 voices, and was last updated by Anonymous 11 years, 6 months ago. Author Posts December 6, 2005 at 9:01 am #51417 AnonymousParticipant Seems from the news this morning the government has shelved plans to launch SIPP’s and people won’t be able to add property to a pension plan http://news.bbc.co.uk/1/hi/business/4501138.stm December 6, 2005 at 9:12 am #60155 AnonymousParticipant I think that is a good thing. Only the rich would benefit from this. It was a “discriminatory” pension plan, IMO. December 6, 2005 at 9:52 am #60157 AnonymousParticipant It appears to be still attractive to investors as no capital gains tax will be payable on an increase of property value, and no tax on rental income. December 6, 2005 at 11:36 am #60158 AnonymousParticipant damn 😥 December 6, 2005 at 11:42 am #60159 AnonymousParticipant There was a big doubt (and may still be) as the whether this is applicable in Spain as there is nor reciprocal tax arrangements. So you may get tax relief in the UK but not in Spain Regards Kevin December 6, 2005 at 12:43 pm #60160 AnonymousParticipant @BOB-B wrote: It appears to be still attractive to investors as no capital gains tax will be payable on an increase of property value, and no tax on rental income. Wouldn’t you would have to pay tax on rental income in Spain? Author Posts You must be logged in to reply to this topic.