UK Budget Alert - New UK Pension Transfer to QROPS Tax Charge

Posted by Paul Davies on 09/03/17 16:38 | Post topics Australia, United Kingdom, Pensions, QROPS

British expats wanting to transfer their UK private pensions abroad could be hit with a 25% tax charge, as a result of changes announced by HM Revenue & Customs (HMRC) in the UK Budget 2017 yesterday.

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The Beginning Of Qualifying Recognised Overseas Pensions (QROPS)

Posted by Simon Harvey on 29/07/09 17:09 | Post topics Immigration, Australia, United Kingdom, Pensions

Qualifying Recognized Overseas Pensions Schemes (QROPS) came into effect with the introduction of Pensions Simplification in the UK. Originally set down in the Finance Act 2004, pensions simplification was introduced in order to remove much of the complication the many different regimes were giving the industry.

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