Stand-out Q – unquoted shares
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Is it possible for a SIPP to hold unquoted shares?
There is nothing in pension tax legislation that prevents a SIPP from holding unquoted shares. Where a SIPP holds shares in a company and that company owns taxable property e.g. most tangible moveable assets, then there is potential for the SIPP to be treated as holding taxable property indirectly. Only limited indirect holding of taxable property will not be subject to the tax charges on unauthorised payments. This is via genuinely diverse commercial vehicles (see the Pensions Tax Manual)
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