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Posts Tagged ‘QROPS’

Budget 2014: HMRC gains new powers to tackle dodgy “pension liberators”

Faced with growing numbers of "pension liberators" duping people into transferring their pensions into fake "QROPS", HMRC has been given new powers to crack down on the fraudsters in the March 2014 Budget.

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Screenshot of HM Revenue & Customs webpage for pensioners

Taxman squeezes wealthy expats’ pensions out of UK into QROPS

Fiscal year 2014/15 will see a drop in the pension tax-free lifetime allowance limit from £1.5m to £1.25m. Wealthy expats are already rushing to investigate QROPS as a result. Is this extra tax squeeze justified, or a pointless and fruitless exercise?

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Do you pay NZ taxes and have a UK pension interest?

Important information about QROPS legislation with particular relevance to New Zealand

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