Experts from our SIPP & SSAS team share views on the recent ruling in HMRC v Sippchoice Ltd, providing a legal analysis as well as likely practical implications of the decision.
We recently hosted a webinar for AMPS members to share views on the recent ruling in HMRC v Sippchoice Ltd.
The Upper Tribunal in HMRC v Sippchoice ruled in-species contributions made to pension schemes cannot benefit from relief from income tax. This long-awaited decision overturned the first instance decision and will likely have significant impact for SIPP providers and others in the sector. HMRC’s next move as a result of the decision is awaited.
The session was led by partners Noline Matemera and Paul Gair, legal director Damien Garrould and solicitor Jack Hargreaves and ended with a Q&A where attendees had the opportunity to explore particular aspects of the ruling in further detail with the team.
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