Insights » Spring Budget has an Upside for Commercial Investors
Spring Budget has an Upside for Commercial Investors
By Property Week
It is clear that Jeremy Hunt’s recent spring Budget favoured commercial property investors along with those who specialise in serviced accommodation.
For example, the lifetime limit on pension contributions has been removed, which is incredible news for investors who use private pensions, Self- Invested Personal Pensions and the Small Self-Administered Scheme, with the previous limit sitting at £1.073m.
Savvy property investors will use this to rapidly expand the size of their pension pot.
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