Changes to QROPS Rules 2012. Draft Financial Bill
New QROPS rules for 2012. Detailed draft legislation has been published, The Overseas Pension Schemes (Miscellaneous Amendments) Regulations 2012, aimed at strengthening the tax rules applicable to QROPS. The changes will be introduced from the 6th April 2012.
The main changes mean that the reporting requirements to the Inland Revenue are now for ten years rather than five years, ending of the