In this example a four-partner firm wants to buy premises from which they will conduct their business. The partners had existing pension funds, which they transferred into a Group SIPP arrangement with the help of i-SIPP. The partners have different amounts in their pension funds and have chosen to borrow in the same proportions. Partner SIPP Loan Total Total Ownership of Partnership A £100,000 £50,000 £150,000 33%  B £75,000 £37,500 £112,500 25% C £75,000 £37,500 £112,500 25% D £50,000 £25,000 £75,000 17% Total £300,000 £150,000 £450,000 100% The partnership will now pay rent to the SIPPs in proportion to percentage of the property owned. The rent is an allowable expense for tax purposes and is not taxed within the SIPP. When/ if the property is sold it will be free of any capital gains tax. For advice on property purchase and assistance locating commercial property, please use the enquiry form.