Tax Break Remains Unchanged

Tax Break Remains Unchanged
Neptune Islands by Julian Cohen. Why?

The promoter of the most popular loan note featured on SIPPclub has some fantastic tax break news to report

The Tax Break Is Secure Until 2019

Five Years Of Reassurance

The most popular loan opportunity is the one featured by Dolphin Capital GmbH.

Following the renegotiation of the country’s budget at the end of last year, it has just been formally announced that no changes will be made to the tax break at the heart of this opportunity.  The tax break in question is available to high rate tax payers who purchase apartments in listed buildings that have been renovated in accordance with government standards.

Any changes in taxation announced by the German government at the end of 2013 take effect in January 2014.  In its recent publication, the tax office makes no reference to any change to the specific tax break from which German citizens benefit in relation to listed buildings. 

This tax break has been in force for a number years.  During this period, it’s enabled Germany to restore a vast number of its war-damaged properties with foreign investment money.  It’s this tax break that's key to the continuing programme of restoration of a huge number of dilapidated buildings across Germany.

The Budget Plan Is Secure For The Next Five Years

Unlike the situation in Britain, the government in Germany works to a five year budget plan.  The fact that the tax break will remain unchanged for the next five years gives investors a great deal of reassurance.  It’s particularly comforting for the majority of SIPPclub members who have taken advantage of the five year option, to compound their interest.

Speaking about the continuation of this tax break, the CEO of Dolphin Capital GbmH, Charles Smethurst said:

"This will offer confidence and reassurance to Dolphin Capital GmbH investors and introducers. Dolphin Capital GmbH has developed a very successful model which allows international investors be part of a wonderful project without the commitment of owning a property in the finish. There is a clear exit strategy that is underpinned by this tax break and confirmation that the government are securing this concession for at least another 5 years, is greatly welcomed."

Dolphin Restores An Old German Brewery

tax break
Work has now started on the former brewery in Ingolstadt, which closed its doors in 2007. 

The building dates back to the 16th century, when the brewery first started making legendary German beer.  In those days, it was known as 'Schäffbräu Brewery'.

As time passed, many of the original buildings were replaced, with the majority of those currently standing on the site dating back to 1900. 

On the site currently sits a brewhouse, a cold store, an engine room and boiler house.  These buildings will be renovated to include 18 high specification apartments and large loft conversions.

How The Loan Note Works

Full details of the Dolphin Capital GmbH loan note can be found in the Invest area of SIPPclub.

Members

Login Here

If you prefer, please send us a message using our contact form.

Please Share This

If you’ve found this page of interest, please would you kindly send a link to it to your friends and colleagues using the buttons below.  You’ll be helping us out, and they might appreciate it too.  Thanks, it's much appreciated.

 

AJ Bell Is Often The Best Value SIPP For Stockmarket Assets

That's our opinion.  Not just because AJ Bell was the first company to offer an online SIPP.  Nor that it's received many prestigious awards.  And not even because the wife of SIPPclub's Founder has an AJ Bell SIPP.  It's because it's one of the most competitive stockmarket SIPPs on the market. 

Over time, charges can wipe out a huge part of your fund.  We like AJ Bell because there are no set-up costs.  If you hold passive funds, which is our preference, or shares, investment trusts, EFTs, gilts or bonds, you pay one small fixed fee no matter how large your fund.  And when you come to draw your benefits either as occasional drawdown or UFPLS payments, there's a small charge for the whole year no matter how many times you access your money (many SIPP and SSAS providers charge more than this for each payment).  However, you should always compare charges in detail, because AJ Bell could be more expensive than other providers, depending on the type of stockmarket assets you hold.

Visit AJ Bell

Get Valuable SIPP And SSAS Insights Emailed Directly To Your Inbox Every Monday

  • Please use an email address you can access. You can unsubscribe at any time.
IMPORTANT NOTE: NOTHING FEATURED ON SIPPclub IS EITHER AN IMPLIED OR A SPECIFIC RECOMMENDATION TO MAKE, OR TO REFRAIN FROM MAKING A FINANCIAL DECISION.  THIS PAGE HAS NOT BEEN APPROVED AS A FINANCIAL PROMOTION.

As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk.  Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.

Please read our full Terms which includes criteria for SIPPclub membership.