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DonnieDarker

Sipps - Quick Question

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Despite reading a couple of guides to SPPS I still cant get my head round it.

Coulld someone like me earning £30k pay into SIPPS?

If so, I'm quite tempted by the opportunity to put a few thousand in each year and then use the SIPPS to buy gold sometime in the future and get 22% off. (Basic Rate Of Tax)

Is it this simple or is there some reason I would be inelligible to do this?

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Despite reading a couple of guides to SPPS I still cant get my head round it.

Coulld someone like me earning £30k pay into SIPPS?

If so, I'm quite tempted by the opportunity to put a few thousand in each year and then use the SIPPS to buy gold sometime in the future and get 22% off. (Basic Rate Of Tax)

Is it this simple or is there some reason I would be inelligible to do this?

yep you can

here is a link. I don't know if they are the best provider though and you may not be able to invest directly in gold with them so check first

http://www.tdwaterhouse.co.uk/productsandservices/sipp.cfm

edit - you might not be able to hold residential property with them though!

Edited by lowrentyieldmakessense(honest!)

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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