The Pensioneer Trustee Company (Guernsey) Limited

  •  
  •  
  •  

HMRC consults over Qrops tax status

September 24, 2014

HM Revenue & Customs has responded to UK government discussions on giving the same rights to qualifying recognised overseas pension schemes as to traditional UK-based pensions.

Commenting on the government’s Freedom and Choice in Pensions consultation, which closed in July, HMRC stated that the changes to pensions rules, which will be brought into force in April 2015, should be extended to Qrops schemes.

Copyright 2014 DoubleClick, a division of Google Inc. All rights reserved. Code auto-generated on Thu Oct 09 08:01:38 PDT 2014

A spokesman for HMRC pointed to the government’s own response to the consultation. In section 2.8, it said it would be “considering the implications” of changes to the pension tax rules, which would have implications for the rules relating to Qrops.

Read more

Contact us

The Pensioneer Trustee Company (Guernsey) Limited
Ground Floor, 10 Lefebvre Street
St Peter Port, Guernsey
Channel Islands GY1 2PE

T +44 (0) 1481 743760

Privacy Policy

Terms & Conditions

Website Designed by The In-Marketing Partnership

Receive our International Pension & Benefits newsletter

Regulatory Information

The Pensioneer Trustee Company (Guernsey) Limited is licensed by the Guernsey Financial Services Commission under The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000 and subject to The Pension Licensees (Conduct of Business) & Domestic and International Pension Scheme and Gratuity Scheme Rules (No.2) 2017.