On 6th April 2014 Life Time Allowance (LTA) limits will decrease by £250,000, meaning pension savings that fall above this lowered limit will no longer be tax-free. Read More
Pensions Archives - Page 3 of 3 - QROPS Review
While in the UK pension benefits are generally only able to be taken from the age of 55, some QROP schemes have let expats take benefits earlier if they have lived outside of the UK for five consecutive tax years. Read More
After a year of flux in 2013 with changes in QROPS jurisdictions from Guernsey to Singapore, 2014 promises to be a bumper year for the Qualifying Recognised Overseas Pension Scheme industry. Read More
HMRC introduces QROPS scheme administrator online filing
Posted by Matthew Carp | Pensions | No Comments
In it’s industry newsletter released today, HMRC made amendments to the two reporting forms used by QROPS scheme administrators to notify HMRC of receipt of a transfer. Read More
HMRC QROPS list mystery continues with Hong Kong scheme disappearance
Posted by James Cartwright | Pensions | No Comments
In a continuation of the QROPS list mystery, 23 of the 25 Hong Kong QROPS have been removed from the HMRC’s list HMRC has, true to form, refused to give an explanation for this. Read More
