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
QROPS | QNUPS| UK pension transfer specialists. Ethical, professional financial advisers headquartered in Hong Kong. We are always available to answer your questions, email: info@qropsspecialists.com
Monday, 12 December 2011
Thursday, 8 December 2011
Changes to QROPS Rules Under Consideration
New QROPS Rules
QROPS rules may be changed by the Inland Revenue mainly due to schemes which have been marketed as a 100% cash-in of your pension. Clearly this is not within the 'spirit' of the law. The Government is planning a crackdown on certain Qualifying Recognised Overseas Pension Schemes
QROPS rules may be changed by the Inland Revenue mainly due to schemes which have been marketed as a 100% cash-in of your pension. Clearly this is not within the 'spirit' of the law. The Government is planning a crackdown on certain Qualifying Recognised Overseas Pension Schemes
Wednesday, 7 December 2011
The Ultimate Guide to Pension Transfers for UK Expats - QROPS Specialists
The Ultimate Guide to Pension Transfers for UK Expats
The ultimate guide to pension transfers. If you are looking for the ultimate guide in how to reduce your tax contribution to the UK government as a UK expat you have come to the right place. Not only can QROPS Specialists maximize your pension and minimize tax relief for UK expats, but also help out UK residents condsidering living or retiring abroad in the future. QROPS specialists help UK expats avoid the UK tax man and maximize their pension pot in the process. Even non-UK residents who have worked in the UK can avoid UK taxes though a
The ultimate guide to pension transfers. If you are looking for the ultimate guide in how to reduce your tax contribution to the UK government as a UK expat you have come to the right place. Not only can QROPS Specialists maximize your pension and minimize tax relief for UK expats, but also help out UK residents condsidering living or retiring abroad in the future. QROPS specialists help UK expats avoid the UK tax man and maximize their pension pot in the process. Even non-UK residents who have worked in the UK can avoid UK taxes though a
Armed Forces Pension. QROPS Pension Transfer to Avoid Paying UK Taxes
Armed Forces Pension. QROPS Pension Transfer to Avoid Paying UK Taxes
If you no longer live in the UK and you are non-resident for tax purposes and are in the Armed Forces Pension Scheme (AFPS) then you can transfer your pension into a Qualifying Recognized Overseas Pension Scheme (QROPS) in order to avoid paying taxes on your pension in the UK.
If you spend less than 91 days a year in the UK, you are considered a non-resident and can apply for a QROPS pension transfer. This means members of the Armed Forces PensionScheme (AFPS) no longer need to pay any more UK taxes.
[caption
If you no longer live in the UK and you are non-resident for tax purposes and are in the Armed Forces Pension Scheme (AFPS) then you can transfer your pension into a Qualifying Recognized Overseas Pension Scheme (QROPS) in order to avoid paying taxes on your pension in the UK.
If you spend less than 91 days a year in the UK, you are considered a non-resident and can apply for a QROPS pension transfer. This means members of the Armed Forces PensionScheme (AFPS) no longer need to pay any more UK taxes.
[caption
Tuesday, 22 November 2011
QROPS VIDEO
QROPS
[youtube]www.youtube.com/watch?v=z-MQu9tOEP8[/youtube]
1 in 10 Brits now live abroad and more people are moving their pension into a QROPS to avoid UK taxes on their pension. UK income tax is now between 20% and 50%, capital gains tax is as high as 28%, dividends tax up to 42.5% and inheritance tax is 40%.
The top destinations for Brits living abroad are Australia, Spain, United States, Canada, Ireland, New Zealand, South Africa and France.
As expats are increasingly working and retiring abroad, what options are available to reduce your tax bill on your pension? There are a
[youtube]www.youtube.com/watch?v=z-MQu9tOEP8[/youtube]
1 in 10 Brits now live abroad and more people are moving their pension into a QROPS to avoid UK taxes on their pension. UK income tax is now between 20% and 50%, capital gains tax is as high as 28%, dividends tax up to 42.5% and inheritance tax is 40%.
The top destinations for Brits living abroad are Australia, Spain, United States, Canada, Ireland, New Zealand, South Africa and France.
As expats are increasingly working and retiring abroad, what options are available to reduce your tax bill on your pension? There are a
Saturday, 19 November 2011
QROPS
QROPS
[youtube]www.youtube.com/watch?v=z-MQu9tOEP8[/youtube]
1 in 10 Brits now live abroad and more people are moving their pension into a QROPS to avoid UK taxes on their pension. UK income tax is now between 20% and 50%, capital gains tax is as high as 28%, dividends tax up to 42.5% and inheritance tax is 40%.
The top destinations for Brits living abroad are Australia, Spain, United States, Canada, Ireland, New Zealand, South Africa and France.
As expats are increasingly working and retiring abroad, what options are available to reduce your tax bill on your pension? There are a
[youtube]www.youtube.com/watch?v=z-MQu9tOEP8[/youtube]
1 in 10 Brits now live abroad and more people are moving their pension into a QROPS to avoid UK taxes on their pension. UK income tax is now between 20% and 50%, capital gains tax is as high as 28%, dividends tax up to 42.5% and inheritance tax is 40%.
The top destinations for Brits living abroad are Australia, Spain, United States, Canada, Ireland, New Zealand, South Africa and France.
As expats are increasingly working and retiring abroad, what options are available to reduce your tax bill on your pension? There are a
QROPS NZ Pension Transfer. New Scheme 100% Lump Sum Access Available
New QROPS NZ Pension Transfer Launched. 100% Lump Sum Available
Much has been said of the legality of the QROPS NZ schemes and the possibility to access 100% lump sum from the pension scheme as a UK expat. Much had been from mis-informed IFA's who are not familiar with the QROPS NZ pension regulations. The New Zealand Financial Conduct Bill states that anyone joining a New Zealand-based pension scheme must be either a resident of the country or employed by its government – thus excluding UK expats who wish to use New Zealand solely as the domicile of their pension. Click here for more
Much has been said of the legality of the QROPS NZ schemes and the possibility to access 100% lump sum from the pension scheme as a UK expat. Much had been from mis-informed IFA's who are not familiar with the QROPS NZ pension regulations. The New Zealand Financial Conduct Bill states that anyone joining a New Zealand-based pension scheme must be either a resident of the country or employed by its government – thus excluding UK expats who wish to use New Zealand solely as the domicile of their pension. Click here for more
Friday, 21 October 2011
QROPS NZ Pension Transfer. Brooklands Launches New Scheme 100% Lump Sum | QROPS Specialists http://www.qropsspecialists.com/qrops-new-zealand/
QROPS NZ Pension Transfer. Brooklands Launches New Scheme 100% Lump Sum
Brooklands launch new QROPS NZ Pension Transfer. 100% Lump Sum Available
Much has been said of the legality of the QROPS NZ schemes and the possibility to access 100% lump sum from the pension scheme as a UK expat. Much had been from mis-informed IFA's who are not familiar with the QROPS NZ pension regulations. The New Zealand Financial Conduct Bill states that anyone joining a New Zealand-based pension scheme must be either a resident of the country or employed by its government – thus excluding UK expats who wish to use New Zealand solely as the domicile of their pension. Click here for
Much has been said of the legality of the QROPS NZ schemes and the possibility to access 100% lump sum from the pension scheme as a UK expat. Much had been from mis-informed IFA's who are not familiar with the QROPS NZ pension regulations. The New Zealand Financial Conduct Bill states that anyone joining a New Zealand-based pension scheme must be either a resident of the country or employed by its government – thus excluding UK expats who wish to use New Zealand solely as the domicile of their pension. Click here for
Friday, 14 October 2011
QNUPS
QNUPS
What is a QNUPS?
Qualifying Non UK Pension Scheme (QNUPS). Whatever your financial goals are, whether your aim is to release money from your pension, inheritance tax (IHT) planning, growing your pension fund, purchasing property, or becoming more tax efficient, our team at QROPS specialists will help you to find the best solution for your assets. We help UK expats and UK residents in this regard. We can also help UK non-residents.
Please contact us for more information on how we can help you. We are here to make your transition overseas as simple as possible. If you are offshore
What is a QNUPS?
Qualifying Non UK Pension Scheme (QNUPS). Whatever your financial goals are, whether your aim is to release money from your pension, inheritance tax (IHT) planning, growing your pension fund, purchasing property, or becoming more tax efficient, our team at QROPS specialists will help you to find the best solution for your assets. We help UK expats and UK residents in this regard. We can also help UK non-residents.
Please contact us for more information on how we can help you. We are here to make your transition overseas as simple as possible. If you are offshore
QNUPS: Free Guide to Escaping Inheritance Tax
QNUPS: Free Guide to Escaping Inheritance Tax
For UK expats considering a move abroad or those working abroad and wishing to escape inheritance tax, our free QNUPS guide will help to clearly explain the current tax regulations and how to reduce your UK tax liability.
Most UK expats do not realize they are still UK domiciled when they take up a position abroad and assume they can avoid UK taxes. I know a client who worked offshore for 20 years and pays full UK tax due to bad advice he received before. Furthermore, his present pension company refused to release his hard-earned pension
For UK expats considering a move abroad or those working abroad and wishing to escape inheritance tax, our free QNUPS guide will help to clearly explain the current tax regulations and how to reduce your UK tax liability.
Most UK expats do not realize they are still UK domiciled when they take up a position abroad and assume they can avoid UK taxes. I know a client who worked offshore for 20 years and pays full UK tax due to bad advice he received before. Furthermore, his present pension company refused to release his hard-earned pension
Tuesday, 11 October 2011
QROPS Australia News Update
QROPS Australia News Update
QROPS Australia News Update brought to you by QROPS Specialists. Geraint Davies from Montford International gives the low down on transfers for UK expats looking to retire in Australia.
Is it true that I have to move my pension fund within six months of emigrating?
GD: No, and you don’t have to move your pension to Australia even after 6 months. Many migrants make this mistake. In years gone by, you had to move your pension fund because of a very nasty Australian tax assessment on your UK pension. Now, not only have the tax rules been totally
QROPS Australia News Update brought to you by QROPS Specialists. Geraint Davies from Montford International gives the low down on transfers for UK expats looking to retire in Australia.
Is it true that I have to move my pension fund within six months of emigrating?
GD: No, and you don’t have to move your pension to Australia even after 6 months. Many migrants make this mistake. In years gone by, you had to move your pension fund because of a very nasty Australian tax assessment on your UK pension. Now, not only have the tax rules been totally
QROPS New Zealand Pension News Update
QROPS New Zealand Pension News Update
Stop press. QROPS New Zealand Update. Breaking news>>>>>
Brooklands Pensions have now launched a a further New Zealand QROPS, despite legislation currently going through its Parliament which could prevent QROPS from being domiciled in the country. This QROPS New Zealand News Update is brought to you by QROPS Specialists.
The company said it expects the product, the Brooklands (NZ) Superannuation Scheme No. 1, to become one of the first superannuation schemes to be registered as a foreign investment zero-rate portfolio investment
Stop press. QROPS New Zealand Update. Breaking news>>>>>
Brooklands Pensions have now launched a a further New Zealand QROPS, despite legislation currently going through its Parliament which could prevent QROPS from being domiciled in the country. This QROPS New Zealand News Update is brought to you by QROPS Specialists.
The company said it expects the product, the Brooklands (NZ) Superannuation Scheme No. 1, to become one of the first superannuation schemes to be registered as a foreign investment zero-rate portfolio investment
Sunday, 9 October 2011
QROPS Pakistan Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/cHeFx
QROPS Pakistan Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Pakistan. Pension Tax Relief
British expats living in Pakistan or wishing to retire in Pakistan can now transfer their pension into a QROPS Pakistan to maximize pension tax relief. UK expats living or working in Pakistan can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
If you are from Pakistan and have worked in the UK and built up a substantial pension, you can also transfer to a QROPS Pakistan to avoid UK
British expats living in Pakistan or wishing to retire in Pakistan can now transfer their pension into a QROPS Pakistan to maximize pension tax relief. UK expats living or working in Pakistan can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
If you are from Pakistan and have worked in the UK and built up a substantial pension, you can also transfer to a QROPS Pakistan to avoid UK
Tuesday, 27 September 2011
The Complete Idiot’s Guide to UK Pension Transfers: QROPS, QNUPS and SIPPs | QROPS Specialists http://ping.fm/9ahj6
The Complete Idiot’s Guide to UK Pension Transfers: QROPS, QNUPS and SIPPs
[caption id="attachment_40998" align="alignleft" width="231" caption="UK Expat Guide: Pension Tax Relief for Dummies "][/caption]
The Complete Idiot’s Guide to UK Pension Transfers: QROPS, QNUPS and SIPPs
A QROPS, QNUPS and SIPPs guide simplified for UK expats either living or wishing to retire abroad. Also relevant for any nationality who has worked in the UK and built up a substantial pension and wants to beat the tax man at his own game.
Almost 1 in every 10 people from the UK now lives abroad permanently. In this ever changing landscape, how can British expats and people who have
The Complete Idiot’s Guide to UK Pension Transfers: QROPS, QNUPS and SIPPs
A QROPS, QNUPS and SIPPs guide simplified for UK expats either living or wishing to retire abroad. Also relevant for any nationality who has worked in the UK and built up a substantial pension and wants to beat the tax man at his own game.
Almost 1 in every 10 people from the UK now lives abroad permanently. In this ever changing landscape, how can British expats and people who have
Friday, 23 September 2011
QROPS Zimbabwe Pension Transfer to Avoid Paying Taxes
QROPS Zimbabwe. Pension Tax Relief
British expats living in Zimbabwe or wishing to retire in Zimbabwe can now transfer their pension into a QROPS Zimbabwe to maximize pension tax relief. UK expats living or working in Zimbabwe can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore. Zimbabweans who have worked in the UK can also transfer to a QROPS Zimbabwe if they have built up a substantial pension in the UK.
[caption
British expats living in Zimbabwe or wishing to retire in Zimbabwe can now transfer their pension into a QROPS Zimbabwe to maximize pension tax relief. UK expats living or working in Zimbabwe can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore. Zimbabweans who have worked in the UK can also transfer to a QROPS Zimbabwe if they have built up a substantial pension in the UK.
[caption
QROPS Yemen Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/Ldj90
QROPS Yemen Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Yemen. Pension Tax Relief
British expats living in Yemen or wishing to retire in Yemen or abroad can now transfer their pension into a QROPS Yemen to maximize pension tax relief. UK expats living or working in Yemen can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Any Yemenis who have worked in the UK can also move to a QROPS Yemen to avoid UK taxes if they have a substantial pension.
[caption id="attachment_40974"
British expats living in Yemen or wishing to retire in Yemen or abroad can now transfer their pension into a QROPS Yemen to maximize pension tax relief. UK expats living or working in Yemen can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Any Yemenis who have worked in the UK can also move to a QROPS Yemen to avoid UK taxes if they have a substantial pension.
[caption id="attachment_40974"
QROPS Oman Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/Cb5YQ
QROPS Oman Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Oman. Pension Tax Relief
British expats living in Oman or wish to retire in Oman can now transfer their pension into a QROPS Oman to maximize pension tax relief. UK expats living or working in Oman can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Omanian workers who have built up a substantial pension in the UK can also move their pensions into a QROPS Oman to avoid UK taxes.
[caption id="attachment_40966"
British expats living in Oman or wish to retire in Oman can now transfer their pension into a QROPS Oman to maximize pension tax relief. UK expats living or working in Oman can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Omanian workers who have built up a substantial pension in the UK can also move their pensions into a QROPS Oman to avoid UK taxes.
[caption id="attachment_40966"
QROPS Nigeria Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/N8vp8
QROPS Nigeria Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Nigeria. Pension Tax Relief
British expats living in Nigeria or wishing to retire in Nigeria can now transfer their pension into a QROPS Nigeria to maximize pension tax relief. UK expats living or working in Nigeria can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore.
[caption id="attachment_40961" align="alignleft" width="270" caption="QROPS Nigeria Pension Transfer for UK Expats"][/caption]
The name Nigeria
British expats living in Nigeria or wishing to retire in Nigeria can now transfer their pension into a QROPS Nigeria to maximize pension tax relief. UK expats living or working in Nigeria can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore.
[caption id="attachment_40961" align="alignleft" width="270" caption="QROPS Nigeria Pension Transfer for UK Expats"][/caption]
The name Nigeria
Wednesday, 21 September 2011
QROPS Macau Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/fDo7x
QROPS Macau Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Macau. Pension Tax Relief
British expats living in Macau or wishing to retire in Macau can now transfer their pension into a QROPS Macau to maximize pension tax relief. UK expats living or working in Macau can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Macau or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. If you are from Macau and have ever worked and built up a substantial pension in the UK, you can also take advantage of a QROPS Macau to avoid UK taxes.
[caption
British expats living in Macau or wishing to retire in Macau can now transfer their pension into a QROPS Macau to maximize pension tax relief. UK expats living or working in Macau can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Macau or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. If you are from Macau and have ever worked and built up a substantial pension in the UK, you can also take advantage of a QROPS Macau to avoid UK taxes.
[caption
QROPS Kuwait Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/TALpa
QROPS Kuwait Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Kuwait. Pension Tax Relief
British expats living in Kuwait or wishing to retire in Kuwait can now transfer their pension into a QROPS Kuwait to maximize pension tax relief. UK expats living or working in Kuwait can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Kuwait or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. If you are a Kuwait national and have built up a substantial pension in the UK, you can also transfer your UK pension to a QROPS Kuwait to a secure jurisdiction such as
British expats living in Kuwait or wishing to retire in Kuwait can now transfer their pension into a QROPS Kuwait to maximize pension tax relief. UK expats living or working in Kuwait can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Kuwait or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. If you are a Kuwait national and have built up a substantial pension in the UK, you can also transfer your UK pension to a QROPS Kuwait to a secure jurisdiction such as
QROPS Jordan Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists - Digg http://ping.fm/lJBzA
QROPS Jordan Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Jordan. Pension Tax Relief
British expats living in Jordan or planning to retire in Jordan can now transfer their pension into a QROPS Jordan to maximize pension tax relief. UK expats living or working in Jordan can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Jordan or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore. Any Jordanian nationals who have worked in the UK and built up a significant pension can also look to a QROPS Jordan to avoid UK taxes on any pensions they
British expats living in Jordan or planning to retire in Jordan can now transfer their pension into a QROPS Jordan to maximize pension tax relief. UK expats living or working in Jordan can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Jordan or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore. Any Jordanian nationals who have worked in the UK and built up a significant pension can also look to a QROPS Jordan to avoid UK taxes on any pensions they
QROPS Iran Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/nZGqh
QROPS Iran Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Iran. Pension Tax Relief
British expats living in Iran or planning to retire in Iran can now transfer their pension into a QROPS Iran to maximize pension tax relief. UK expats living or working in Iran can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Iranians who have worked in the UK can also benefit from a QROPS Iran pension transfer to avoid UK taxes.
[caption id="attachment_40924" align="alignleft" width="300"
British expats living in Iran or planning to retire in Iran can now transfer their pension into a QROPS Iran to maximize pension tax relief. UK expats living or working in Iran can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Iranians who have worked in the UK can also benefit from a QROPS Iran pension transfer to avoid UK taxes.
[caption id="attachment_40924" align="alignleft" width="300"
QROPS Israel Pension Transfer for UK Expats to AVoid Paying Taxes | QROPS Specialists http://ping.fm/E0HQM
QROPS Israel Pension Transfer for UK Expats to AVoid Paying Taxes
QROPS Israel. Pension Tax Relief
British expats living in Israel or planning to retire in Israel can now transfer their pension into a QROPS Israel to maximize pension tax relief. UK expats living in Israel can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore. Israelis who have worked in the UK and built up a substantial pension can also take advantage and move into a QROPS Israel to avoid UK taxes on their
British expats living in Israel or planning to retire in Israel can now transfer their pension into a QROPS Israel to maximize pension tax relief. UK expats living in Israel can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore. Israelis who have worked in the UK and built up a substantial pension can also take advantage and move into a QROPS Israel to avoid UK taxes on their
Tuesday, 20 September 2011
QROPS South Africa Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/DblhO
QROPS South Africa Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS South Africa. Pension Tax Relief
British expats living in South Africa or wishing to retire in South Africa can now transfer their pension into a QROPS South Africa to maximize pension tax relief. UK expats living or working in South Africa can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as you stay offshore. You also do not need to pay South African taxes on your pension.
[caption id="attachment_40905" align="alignleft" width="300"
British expats living in South Africa or wishing to retire in South Africa can now transfer their pension into a QROPS South Africa to maximize pension tax relief. UK expats living or working in South Africa can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as you stay offshore. You also do not need to pay South African taxes on your pension.
[caption id="attachment_40905" align="alignleft" width="300"
QROPS Qatar Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/7hwwI
QROPS Qatar Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Qatar. Pension Tax Relief
British expats living in Qatar or wishing to retire in Qatar can now transfer their pension into a QROPS Qatar to maximize pension tax relief. UK expats living or working in Qatar can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. A QROPS Qatar avoids UK taxes on your pension.
[caption id="attachment_40884" align="alignleft" width="259" caption="Qatar QROPS Pension Transfer for UK
British expats living in Qatar or wishing to retire in Qatar can now transfer their pension into a QROPS Qatar to maximize pension tax relief. UK expats living or working in Qatar can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. A QROPS Qatar avoids UK taxes on your pension.
[caption id="attachment_40884" align="alignleft" width="259" caption="Qatar QROPS Pension Transfer for UK
QROPS Dubai Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/emjF6
QROPS Dubai Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Dubai. Pension Tax Relief
British expats living in the Dubai or wishing to retire in Dubai can now transfer their pension into a QROPS Dubai to maximize pension tax relief. UK expats living or working in Dubai can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as you stay offshore. A QROPS Dubai will help you avoid all UK taxes on your pension as well as any taxes in Dubai.
[caption id="attachment_40873" align="alignleft" width="259"
British expats living in the Dubai or wishing to retire in Dubai can now transfer their pension into a QROPS Dubai to maximize pension tax relief. UK expats living or working in Dubai can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as you stay offshore. A QROPS Dubai will help you avoid all UK taxes on your pension as well as any taxes in Dubai.
[caption id="attachment_40873" align="alignleft" width="259"
QROPS United Arab Emirates Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/BEx3o
QROPS United Arab Emirates Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS United Arab Emirates. Pension Tax Relief
British expats living in the United Arab Emirates or wishing to retire in Dubai can now transfer their pension into a QROPS United Arab Emirates to maximize pension tax relief. UK expats living or working in United Arab Emirates can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as you stay offshore.
[caption id="attachment_40867" align="alignleft" width="266" caption="QROPS United Arab Emirates
British expats living in the United Arab Emirates or wishing to retire in Dubai can now transfer their pension into a QROPS United Arab Emirates to maximize pension tax relief. UK expats living or working in United Arab Emirates can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as you stay offshore.
[caption id="attachment_40867" align="alignleft" width="266" caption="QROPS United Arab Emirates
Monday, 19 September 2011
QROPS Vietnam Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/BIZxT
QROPS Vietnam Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Vietnam. Pension Tax Relief
British expats living in Vietnam or wishing to retire in Vietnam can now transfer their pension into a QROPS Vietnam to maximize pension tax relief. UK expats living or working in Vietnam can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40857" align="alignleft" width="300" caption="QROPS Vietnam Pension Tansfer for UK Expats"][/caption]
Why live or retire in
British expats living in Vietnam or wishing to retire in Vietnam can now transfer their pension into a QROPS Vietnam to maximize pension tax relief. UK expats living or working in Vietnam can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40857" align="alignleft" width="300" caption="QROPS Vietnam Pension Tansfer for UK Expats"][/caption]
Why live or retire in
QROPS Trinidad and Tobago Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/YSfAf
QROPS Trinidad and Tobago Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/V2KSH
QROPS Trinidad and Tobago Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Trinidad and Tobago. Pension Tax Relief
British expats living in Trinidad and Tobago or wishing to retire in Trinidad and Tobago can now transfer their pension into a QROPS Trinidad and Tobago to maximize pension tax relief. UK expats living or working in Trinidad and Tobago can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore.
[caption id="attachment_40844" align="alignleft" width="300" caption="QROPS Pension
British expats living in Trinidad and Tobago or wishing to retire in Trinidad and Tobago can now transfer their pension into a QROPS Trinidad and Tobago to maximize pension tax relief. UK expats living or working in Trinidad and Tobago can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore.
[caption id="attachment_40844" align="alignleft" width="300" caption="QROPS Pension
QROPS Thailand Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Thailand. Pension Tax Relief
British expats living in Thailand or wishing to retire in Thailand can now transfer their pension into a QROPS Thailand to maximize pension tax relief. UK expats living or working in Thailand can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore.
[caption id="attachment_40838" align="alignleft" width="300" caption="QROPS Thailand Pension Transfer for Expats"][/caption]
Why live or
British expats living in Thailand or wishing to retire in Thailand can now transfer their pension into a QROPS Thailand to maximize pension tax relief. UK expats living or working in Thailand can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore.
[caption id="attachment_40838" align="alignleft" width="300" caption="QROPS Thailand Pension Transfer for Expats"][/caption]
Why live or
QROPS Thailand Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/hTCbc
Friday, 16 September 2011
QROPS Taiwan Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/tSZgs
QROPS Philippines Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/nLKA8
QROPS South Korea Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/LFPLI
QROPS Sri Lanka Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/MaEWV
QROPS Singapore Pension Transfer for UK Expats to Avoid Paying UK Taxes | QROPS Specialists http://ping.fm/W6aUF
QROPS Sri Lanka Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/4VEYr
QROPS Sri Lanka Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Sri Lanka. Pension Tax Relief
British expats living in Sri Lanka or wishing to retire in Sri Lanka can now transfer their pension into a QROPS Sri Lanka to maximize pension tax relief. UK expats living in Sri Lanka can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Sri Lankans who have worked in the UK can also transfer their pensions to a QROPS Sri Lanka to avoid paying any UK taxes in the future.
[caption
British expats living in Sri Lanka or wishing to retire in Sri Lanka can now transfer their pension into a QROPS Sri Lanka to maximize pension tax relief. UK expats living in Sri Lanka can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Sri Lankans who have worked in the UK can also transfer their pensions to a QROPS Sri Lanka to avoid paying any UK taxes in the future.
[caption
QROPS Singapore Pension Transfer for UK Expats to Avoid Paying UK Taxes
QROPS Singapore. Pension Tax Relief
British expats living in Singapore or wishing to retire in Singapore can now transfer their pension into a QROPS Singapore to maximize pension tax relief. UK expats living or working in Singapore can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
Singaporeans who have worked in the UK and have built up a substantial pension can also transfer their UK pension via a QROPS Singapore to avoid
British expats living in Singapore or wishing to retire in Singapore can now transfer their pension into a QROPS Singapore to maximize pension tax relief. UK expats living or working in Singapore can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
Singaporeans who have worked in the UK and have built up a substantial pension can also transfer their UK pension via a QROPS Singapore to avoid
QROPS South Korea Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS South Korea. Pension Tax Relief
British expats living in South Korea or wishing to retire in South Korea can now transfer their pension into a QROPS South Korea to maximize pension tax relief. UK expats living or working in South Korea can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as you stay offshore.
[caption id="attachment_40751" align="alignleft" width="300" caption="QROPS South Korea Pension Transfer for UK
British expats living in South Korea or wishing to retire in South Korea can now transfer their pension into a QROPS South Korea to maximize pension tax relief. UK expats living or working in South Korea can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as you stay offshore.
[caption id="attachment_40751" align="alignleft" width="300" caption="QROPS South Korea Pension Transfer for UK
Wednesday, 14 September 2011
QROPS Philippines Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/spUXh
QROPS Nepal Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/F2db0
QROPS Philippines Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Philippines. Pension Tax Relief
British expats living in the Philippines or wishing to retire in the Philippines can now transfer their pension into a QROPS Philippines to maximize pension tax relief. UK expats living in Philippines can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40739" align="alignleft" width="259" caption="QROPS Philippines Pension Transfer for UK Expats"][/caption]
The
British expats living in the Philippines or wishing to retire in the Philippines can now transfer their pension into a QROPS Philippines to maximize pension tax relief. UK expats living in Philippines can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40739" align="alignleft" width="259" caption="QROPS Philippines Pension Transfer for UK Expats"][/caption]
The
QROPS Myanmar Pension Transfer for UK Expats to Avoid paying Taxes | QROPS Specialists http://ping.fm/ZruJL
QROPS Nepal Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Nepal. Pension Tax Relief
British expats living in Nepal or wishing to retire in Nepal can now transfer their pension into a QROPS Nepal to maximize pension tax relief. UK expats living or working in Nepal can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Nepal or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40731" align="alignleft" width="300" caption="QROPS Nepal Pension Transfer for UK Expats"][/caption]
Why live or retire in Nepal as a UK
British expats living in Nepal or wishing to retire in Nepal can now transfer their pension into a QROPS Nepal to maximize pension tax relief. UK expats living or working in Nepal can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Nepal or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40731" align="alignleft" width="300" caption="QROPS Nepal Pension Transfer for UK Expats"][/caption]
Why live or retire in Nepal as a UK
QROPS Malta Pension Transfer for UK Expats to Avoid Paying UK Taxes | QROPS Specialists http://ping.fm/iUmfy
QROPS Myanmar Pension Transfer for UK Expats to Avoid paying Taxes
QROPS Myanmar Pension Tax Relief
British expats living in Myanmar or wishing to retire in Myanmar (retire in Burma) can now transfer their pension into a QROPS Myanmar to maximize pension tax relief. UK expats living or working in Myanmar (working in Burman)can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Myanmar or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40722" align="alignleft" width="197" caption="QROPS Myanmar Pension Transfer for UK
British expats living in Myanmar or wishing to retire in Myanmar (retire in Burma) can now transfer their pension into a QROPS Myanmar to maximize pension tax relief. UK expats living or working in Myanmar (working in Burman)can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Myanmar or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40722" align="alignleft" width="197" caption="QROPS Myanmar Pension Transfer for UK
QROPS Malaysia Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/BSzm0
QROPS Malta Pension Transfer for UK Expats to Avoid Paying UK Taxes
QROPS Malta. Pension Tax Relief
British expats living in Malta or wishing to retire to Malta or abroad can now transfer their pension into a QROPS Malta to maximize pension tax relief. UK expats living or working in Malta or abroad can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like Malta and will no longer have to pay UK taxes on their pension as long as they stay offshore.
If you are living or working or intend to retire in the EU, but are not resident in Malta, you can transfer into a QROPS Malta to avoid UK taxes. You can then
British expats living in Malta or wishing to retire to Malta or abroad can now transfer their pension into a QROPS Malta to maximize pension tax relief. UK expats living or working in Malta or abroad can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like Malta and will no longer have to pay UK taxes on their pension as long as they stay offshore.
If you are living or working or intend to retire in the EU, but are not resident in Malta, you can transfer into a QROPS Malta to avoid UK taxes. You can then
QROPS Laos Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/PGgda
QROPS Malaysia Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Malaysia. Pension Tax Relief
British expats living in Malaysia or wishing to retire in Malaysia can now transfer their pension into a QROPS Malaysia to maximize pension tax relief. UK expats living or working in Malaysia can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore.
This also holds true for Malaysians who have worked in the UK and built up a substantial pension. They can transfer their pension to a QROPS
British expats living in Malaysia or wishing to retire in Malaysia can now transfer their pension into a QROPS Malaysia to maximize pension tax relief. UK expats living or working in Malaysia can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension as long as they stay offshore.
This also holds true for Malaysians who have worked in the UK and built up a substantial pension. They can transfer their pension to a QROPS
QROPS Laos Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Laos. Pension Tax Relief
British expats living in Laos or wanting to retire in Laos can now transfer their pension into a QROPS Laos to maximize pension tax relief. UK expats living or working in Laos can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Laos or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40683" align="alignleft" width="300" caption="QROPS Laos Pension Transfer for UK Expats"][/caption]
Why live or retire in Laos as a UK expat?
As far
British expats living in Laos or wanting to retire in Laos can now transfer their pension into a QROPS Laos to maximize pension tax relief. UK expats living or working in Laos can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Laos or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40683" align="alignleft" width="300" caption="QROPS Laos Pension Transfer for UK Expats"][/caption]
Why live or retire in Laos as a UK expat?
As far
QROPS Jersey Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/IDQnr
QROPS Japan Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/fpXwV
QROPS Jamaica Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/AH8v4
QROPS Jamaica Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/DEmeU
QROPS Isle of Man Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/606DO
QROPS Jersey Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Jersey. Pension Tax Relief
British expats living in Jersey or wishing to retire in Jersey or abroad can now transfer their pension into a QROPS Jersey to maximize pension tax relief. UK expats living in Jersey can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40671" align="alignleft" width="300" caption="QROPS Jersey Pension Transfer for UK Expats"][/caption]
Why live or retire in Jersey or
British expats living in Jersey or wishing to retire in Jersey or abroad can now transfer their pension into a QROPS Jersey to maximize pension tax relief. UK expats living in Jersey can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40671" align="alignleft" width="300" caption="QROPS Jersey Pension Transfer for UK Expats"][/caption]
Why live or retire in Jersey or
QROPS Japan Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Japan. Pension Tax Relief
British expats living in Japan or wishing to retire in Japan can now transfer their pension into a QROPS Japan to maximize pension tax relief. UK expats living or working in Japan can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Japan or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
If you are Japanese and have built up a substantial pension working in the UK, then you can also move your pension via a QROPS to avoid UK taxes.
[caption
British expats living in Japan or wishing to retire in Japan can now transfer their pension into a QROPS Japan to maximize pension tax relief. UK expats living or working in Japan can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Japan or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
If you are Japanese and have built up a substantial pension working in the UK, then you can also move your pension via a QROPS to avoid UK taxes.
[caption
QROPS Jamaica Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Jamaica. Pension Tax Relief
British expats living in Jamaica or wishing to retire in Jamaica can now transfer their pension into a QROPS Jamaica to maximize pension tax relief. UK expats living in Jamaica can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40651" align="alignleft" width="300" caption="QROPS Jamaica Pension Transfer for UK Expats"][/caption]
Why live or retire in Jamaica as a UK
British expats living in Jamaica or wishing to retire in Jamaica can now transfer their pension into a QROPS Jamaica to maximize pension tax relief. UK expats living in Jamaica can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40651" align="alignleft" width="300" caption="QROPS Jamaica Pension Transfer for UK Expats"][/caption]
Why live or retire in Jamaica as a UK
QROPS Isle of Man Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Isle of Man. Pension Tax Relief
British expats living abroad or who want to retire in the Isle of Man can now transfer their pension into a QROPS Isle of Man to maximize pension tax relief. UK expats living or working in the Isle of Man or abroad can take advantage of their offshore status and transfer their UK pension offshore to the secure jurisdiction of the Isle of Man and will no longer have to pay UK taxes on their pension as long as they stay offshore.
What is a QROPS Isle of Man?
A Qualifying Recognized Overseas Pension Scheme (QROPS Isle of Man) allows your UK pension
British expats living abroad or who want to retire in the Isle of Man can now transfer their pension into a QROPS Isle of Man to maximize pension tax relief. UK expats living or working in the Isle of Man or abroad can take advantage of their offshore status and transfer their UK pension offshore to the secure jurisdiction of the Isle of Man and will no longer have to pay UK taxes on their pension as long as they stay offshore.
What is a QROPS Isle of Man?
A Qualifying Recognized Overseas Pension Scheme (QROPS Isle of Man) allows your UK pension
QROPS Isle of Man 50c Tax Changes | Avoid UK Taxes for UK Expats Retiring Abroad http://ping.fm/qAtHJ
QROPS Iraq Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/dAB5u
QROPS Indonesia Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/Qm2zn
QROPS Isle of Man 50c Tax Changes
QROPS Isle of Man 50c Tax Changes
QROPS pension transfers for UK expats and Isle of Man tax changes. The Isle of Man parliament, Tynwald, will consider today changes to its pension regulations concerning income tax for non-Isle of Man residents. The 3 day session was scheduled to begin 19th October 2010 and the pension amendments are widely believed to be enacted. The Isle of Man had recently increased their levels of income tax from 18% to 20% which applies to both Isle of Man residents and non-residents. The new amendments to the pension regulations should allow a zero rate of income tax
QROPS pension transfers for UK expats and Isle of Man tax changes. The Isle of Man parliament, Tynwald, will consider today changes to its pension regulations concerning income tax for non-Isle of Man residents. The 3 day session was scheduled to begin 19th October 2010 and the pension amendments are widely believed to be enacted. The Isle of Man had recently increased their levels of income tax from 18% to 20% which applies to both Isle of Man residents and non-residents. The new amendments to the pension regulations should allow a zero rate of income tax
QROPS Iraq Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Iraq. Pension Tax Relief
British expats living in Iraq or wanting to retire in Iraq can now transfer their pension into a QROPS Iraq to maximize pension tax relief. UK expats living or working in Iraq can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40623" align="alignleft" width="300" caption="QROPS Iraq Pension Transfer for UK Expats"][/caption]
Why live in Iraq as a UK expat?
Over 9,000
British expats living in Iraq or wanting to retire in Iraq can now transfer their pension into a QROPS Iraq to maximize pension tax relief. UK expats living or working in Iraq can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40623" align="alignleft" width="300" caption="QROPS Iraq Pension Transfer for UK Expats"][/caption]
Why live in Iraq as a UK expat?
Over 9,000
QROPS Indonesia Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Indonesia. Pension Tax Relief
British expats living in Indonesia or wishing to retire in Indonesia can now transfer their pension into a QROPS Indonesia to maximize pension tax relief. UK expats living or working in Indonesia can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.QROPS Indonesia Pension Transfer for UK ExpatsWhy live or retire in Indonesia as a UK expat?Over 14,000 Brits live in Indonesia. With over 238 million
British expats living in Indonesia or wishing to retire in Indonesia can now transfer their pension into a QROPS Indonesia to maximize pension tax relief. UK expats living or working in Indonesia can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.QROPS Indonesia Pension Transfer for UK ExpatsWhy live or retire in Indonesia as a UK expat?Over 14,000 Brits live in Indonesia. With over 238 million
Tuesday, 13 September 2011
QROPS Bangladesh Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/XA7hS
QROPS India Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/VXWAn
QROPS Bangladesh Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Bangladesh. Pension Tax Relief
British expats living in Bangladesh or wishing to retire in Bangladesh can now transfer their pension into a QROPS Bangladesh to maximize pension tax relief. UK expats living in Bangladesh can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
For Bangladeshis who used to work in the UK, you can also transfer your UK pension into a QROPS to avoid UK taxes.
[caption id="attachment_40605"
British expats living in Bangladesh or wishing to retire in Bangladesh can now transfer their pension into a QROPS Bangladesh to maximize pension tax relief. UK expats living in Bangladesh can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
For Bangladeshis who used to work in the UK, you can also transfer your UK pension into a QROPS to avoid UK taxes.
[caption id="attachment_40605"
QROPS India Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS India. Pension Tax Relief
British expats living in India or wishing to retire in India can now transfer their pension into a QROPS India to maximize pension tax relief. UK expats living in India can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Many Indian nationals spend time working abroad. Whilst working in the United Kingdom Pension benefits may accrue via employers’ occupational or personal pension schemes. Indian
British expats living in India or wishing to retire in India can now transfer their pension into a QROPS India to maximize pension tax relief. UK expats living in India can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. Many Indian nationals spend time working abroad. Whilst working in the United Kingdom Pension benefits may accrue via employers’ occupational or personal pension schemes. Indian
QROPS Guernsey Pension Transfers for UK Expats to Avoid Taxes | QROPS Specialists http://ping.fm/8UWFM
QROPS Grenada Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/nMWQY
QROPS Gibraltar Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/saj8z
QROPS Falkland Islands Pension Transfer for UK Expats to Avoid Taxes | QROPS Specialists http://ping.fm/H1mWF
QROPS Cyprus Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/ykJ6Y
QROPS Cyprus Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/DUR3E
QROPS Guernsey Pension Transfers for UK Expats to Avoid Taxes
QROPS Guernsey. Pension Tax Relief
British expats living in Guernsey or wishing to retire in Guernsey or abroad can now transfer their UK pension into a QROPS Guernsey to maximize pension tax relief. UK expats living or working in Guernsey or outside the UK can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. A QROPS Guernsey is one of the first and most secure QROPS jurisdictions and is still one of the most popular jurisdictions
British expats living in Guernsey or wishing to retire in Guernsey or abroad can now transfer their UK pension into a QROPS Guernsey to maximize pension tax relief. UK expats living or working in Guernsey or outside the UK can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. A QROPS Guernsey is one of the first and most secure QROPS jurisdictions and is still one of the most popular jurisdictions
QROPS Grenada Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Grenada. Pension Tax Relief
British expats living in Grenada or wishing to retire in Grenade can now transfer their pension into a QROPS Grenada to maximize pension tax relief. UK expats living or working in Grenada can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40579" align="alignleft" width="300" caption="QROPS Grenada Pension Transfer for UK Expats"][/caption]
Why live or retire in
British expats living in Grenada or wishing to retire in Grenade can now transfer their pension into a QROPS Grenada to maximize pension tax relief. UK expats living or working in Grenada can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40579" align="alignleft" width="300" caption="QROPS Grenada Pension Transfer for UK Expats"][/caption]
Why live or retire in
QROPS Costa Rica Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/mX6h4
QROPS Gibraltar Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Gibraltar. Pension Tax Relief
British expats living in Gibraltar or wishing to retire in Gibraltar can now transfer their pension into a QROPS Gibraltar to maximize pension tax relief. UK expats living or working in Gibraltar and most countries outside the UK can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like Gibraltar and will no longer have to pay UK taxes on their pension if they stay offshore. A QROPS Gibraltar may be the correct vehicle to avoid UK taxes and maximize your pension pot.
[caption id="attachment_40568"
British expats living in Gibraltar or wishing to retire in Gibraltar can now transfer their pension into a QROPS Gibraltar to maximize pension tax relief. UK expats living or working in Gibraltar and most countries outside the UK can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like Gibraltar and will no longer have to pay UK taxes on their pension if they stay offshore. A QROPS Gibraltar may be the correct vehicle to avoid UK taxes and maximize your pension pot.
[caption id="attachment_40568"
QROPS Falkland Islands Pension Transfer for UK Expats to Avoid Taxes
QROPS Falkland Islands. Pension Tax Relief
British expats living in the Falkland Islands or wishing to retire in the Falkland Islands can now transfer their pension into a QROPS Falkland Islands to maximize pension tax relief. UK expats living or working in the Falkland Islands can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40555" align="alignleft" width="300" caption="QROPS Falkland Islands Pension
British expats living in the Falkland Islands or wishing to retire in the Falkland Islands can now transfer their pension into a QROPS Falkland Islands to maximize pension tax relief. UK expats living or working in the Falkland Islands can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40555" align="alignleft" width="300" caption="QROPS Falkland Islands Pension
QROPS Cyprus Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Cyprus. Pension Tax Relief
British expats living in Cyprus or wanting to retire in Cyprus can now transfer their pension into a QROPS Cyprus to maximize pension tax relief. UK expats living or working in Cyprus can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40545" align="alignleft" width="300" caption="QROPS Cyprus Pension Transfer for UK Expats"][/caption]
What are the taxes on a QROPS for
British expats living in Cyprus or wanting to retire in Cyprus can now transfer their pension into a QROPS Cyprus to maximize pension tax relief. UK expats living or working in Cyprus can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40545" align="alignleft" width="300" caption="QROPS Cyprus Pension Transfer for UK Expats"][/caption]
What are the taxes on a QROPS for
QROPS Costa Rica Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Costa Rica. Pension Tax Relief
British expats living in Costa Rica or wishing to retire in Costa Rica can now transfer their pension into a QROPS Costa Rica to maximize pension tax relief. UK expats living or working in Costa Rica can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40535" align="alignleft" width="300" caption="QROPS Costa Rica Pension Transfer for UK Expats"][/caption]
Why live
British expats living in Costa Rica or wishing to retire in Costa Rica can now transfer their pension into a QROPS Costa Rica to maximize pension tax relief. UK expats living or working in Costa Rica can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40535" align="alignleft" width="300" caption="QROPS Costa Rica Pension Transfer for UK Expats"][/caption]
Why live
QROPS Colombia Pension Transfer for UK Expats to Avoid Taxes | QROPS Specialists http://ping.fm/tpehG
QROPS China Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/TuVK6
QROPS Colombia Pension Transfer for UK Expats to Avoid Taxes
QROPS Colombia. Pension Tax Relief
British expats living in Colombia or wishing to retire in Colombia can now transfer their pension into a QROPS Colombia to maximize pension tax relief. UK expats living or working in Colombia can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40518" align="alignleft" width="300" caption="QROPS Colombia Pension Transfer for UK Expats"][/caption]
Why live or retire in
British expats living in Colombia or wishing to retire in Colombia can now transfer their pension into a QROPS Colombia to maximize pension tax relief. UK expats living or working in Colombia can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40518" align="alignleft" width="300" caption="QROPS Colombia Pension Transfer for UK Expats"][/caption]
Why live or retire in
QROPS China Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS China. Pension Tax Relief
British expats living in China or wishing to retire in China can now transfer their pension into a QROPS China to maximize pension tax relief. UK expats living or working in China can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40505" align="alignleft" width="300" caption="QROPS China Pension Transfer for UK Expats"][/caption]
Why work or retire in China as a UK
British expats living in China or wishing to retire in China can now transfer their pension into a QROPS China to maximize pension tax relief. UK expats living or working in China can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40505" align="alignleft" width="300" caption="QROPS China Pension Transfer for UK Expats"][/caption]
Why work or retire in China as a UK
QROPS Chile Pension Transfer for UK Expats to Avoid Taxes
QROPS Chile. Pension Tax Relief
British expats living in Chile or wishing to retire in Chile can now transfer their pension into a QROPS Chile to maximize pension tax relief. UK expats living or working in Chile can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40490" align="alignleft" width="300" caption="QROPS Chile Pension Transfer for UK Expats"][/caption]
Why live in Chile as a UK
British expats living in Chile or wishing to retire in Chile can now transfer their pension into a QROPS Chile to maximize pension tax relief. UK expats living or working in Chile can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40490" align="alignleft" width="300" caption="QROPS Chile Pension Transfer for UK Expats"][/caption]
Why live in Chile as a UK
QROPS Cayman Islands for UK Expats to Avoid Paying Taxes
QROPS Cayman Islands. Pension Tax Relief
British expats living in the Cayman Islands or wishing to retire in the Cayman Islands can now transfer their pension into a QROPS Cayman Islands to maximize pension tax relief. UK expats living or working in the Cayman Islands can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40482" align="alignleft" width="300" caption="QROPS Cayman Islands Pension Transfer
British expats living in the Cayman Islands or wishing to retire in the Cayman Islands can now transfer their pension into a QROPS Cayman Islands to maximize pension tax relief. UK expats living or working in the Cayman Islands can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40482" align="alignleft" width="300" caption="QROPS Cayman Islands Pension Transfer
Monday, 12 September 2011
QROPS Canada Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/FtM9C
QROPS Canada Pension Transfer for UK Expats to Avoid Paying Taxes
QROPS Canada. Pension Tax Relief
British expats living in Canada or wishing to retire in Canada can now transfer their pension into a QROPS Canada to maximize pension tax relief. UK expats living or working in Canada can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40476" align="alignleft" width="300" caption="QROPS Canada Pension Transfer for UK Expats"][/caption]
QROPS Canada. Pension Tax
British expats living in Canada or wishing to retire in Canada can now transfer their pension into a QROPS Canada to maximize pension tax relief. UK expats living or working in Canada can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
[caption id="attachment_40476" align="alignleft" width="300" caption="QROPS Canada Pension Transfer for UK Expats"][/caption]
QROPS Canada. Pension Tax
QROPS Cambodia Pension Transfer for UK Expats to Avoid Paying Taxes | QROPS Specialists http://ping.fm/qAUTu
Sunday, 11 September 2011
Friday, 29 July 2011
Pension Transfer for UK Expats who live in the USA and want their pension in USD and lower taxes.
http://ping.fm/0dYyF
http://ping.fm/0dYyF
Thursday, 7 April 2011
UK Pension Transfers to QROPS Decrease Slightly
Transfers to qrops pension schemes have decreased by 10%
The volume of transfers from UK pension to overseas QROPS schemes fell by close to 10% between 2008 and 2010.
Billy Mackay, marketing director at AJ Bell, claimed that this change will not really effect transfers to Qrops schemes for individuals retiring overseas.
"The issue which clearly concerns the government is the promotion of Qrops as a tax avoidance vehicle to individuals who have little or no intention of leaving the UK."
He warned that the fall in the number of Qrops transfers provides evidence that changes to the UK pensions framework, such as the reduction in the tax charge applied on lump sum death benefits from the funds of individuals over 75 and the introduction of flexible drawdown, were already hitting the popularity of these transfers and this trend will continue.
Mr Mackay said: "We have also recently seen changes to the rules on disguised remuneration in EFRBS and the use of scheme pension to meet the minimum income requirement for flexible drawdown.
"All of these changes provide further evidence that the government is keen to support use of pensions in ways that remain consistent with the original intent of providing a secure income in retirement."
QROPS specialists can help find the right QROPS for you.
The volume of transfers from UK pension to overseas QROPS schemes fell by close to 10% between 2008 and 2010.
Billy Mackay, marketing director at AJ Bell, claimed that this change will not really effect transfers to Qrops schemes for individuals retiring overseas.
"The issue which clearly concerns the government is the promotion of Qrops as a tax avoidance vehicle to individuals who have little or no intention of leaving the UK."
He warned that the fall in the number of Qrops transfers provides evidence that changes to the UK pensions framework, such as the reduction in the tax charge applied on lump sum death benefits from the funds of individuals over 75 and the introduction of flexible drawdown, were already hitting the popularity of these transfers and this trend will continue.
Mr Mackay said: "We have also recently seen changes to the rules on disguised remuneration in EFRBS and the use of scheme pension to meet the minimum income requirement for flexible drawdown.
"All of these changes provide further evidence that the government is keen to support use of pensions in ways that remain consistent with the original intent of providing a secure income in retirement."
QROPS specialists can help find the right QROPS for you.
Trouble Ahead for HK QROPS
Hong Kong QROPS Schemes under scrutiny.
HMRC has announced a crackdown on tax abuses by QROPS HK Schemes.
An article in the International Adviser today stated that legislative measures are to be put in place to stem tax avoidance through the use of QROPS. It is believed, though, that this only relates to Hong Kong schemes.
Many advisers have been promoting Hong Kong QROPS schemes for a while as being able to access 100% of your pension as a lump sum, which is against the spirit of QROPS transfers. This could spell trouble for many QROPS HK schemes
The Inland Revenue announced that a “tax loophole would have emerged” had the government not taken action. No detail was provided on what the loophole is or what action will be taken.
More information about QROPS HK schemes should be provided on HMRC’s website, although no detail was available on the HMRC site at the time of writing this article.
The announcement said the legislation takes effect from today.
http://qropsspecialists.com/qrops-hk-hmrc-initiates-crackdown-on-qrops/
HMRC has announced a crackdown on tax abuses by QROPS HK Schemes.
An article in the International Adviser today stated that legislative measures are to be put in place to stem tax avoidance through the use of QROPS. It is believed, though, that this only relates to Hong Kong schemes.
Many advisers have been promoting Hong Kong QROPS schemes for a while as being able to access 100% of your pension as a lump sum, which is against the spirit of QROPS transfers. This could spell trouble for many QROPS HK schemes
The Inland Revenue announced that a “tax loophole would have emerged” had the government not taken action. No detail was provided on what the loophole is or what action will be taken.
More information about QROPS HK schemes should be provided on HMRC’s website, although no detail was available on the HMRC site at the time of writing this article.
The announcement said the legislation takes effect from today.
http://qropsspecialists.com/qrops-hk-hmrc-initiates-crackdown-on-qrops/
Thursday, 17 March 2011
Moving Your UK Pension to France
Moving to France is a popular choice for UK expats to go for retirement. A survey conducted in 2006 showed that there were 200,000 Brits living in France. Estimates today figure that statistic to be around 300,000.
If you are considering retiring in France, there are some new tax rules coming into effect which you need to be aware of and should seek advice from a specialist today. If you have transferred your pension into a QROPS pension scheme in France or considering moving your scheme, please be aware that new tax regulations are about to come into play.
Foreign nationals who have worked in the UK or British ex-pats who draw a cash lump sum from a QROPS when residing in France should pay income tax on any payment that is more than £5,000 (6,000 EUR).
Those in the upper income bracket could pay tax at 41% if they cash in their pension lump sum in France. This lump sum will be either 30% or 25% depending on the QROPS scheme and juridiction.
Personal allowance for income tax in France is 10%, but you would still be faced with a sizeable tax charge on the lump sum.
We are suggesting that anyone moving to France and deciding to move permanently abroad should take their lump sum before leaving.
Ex-pats who are living in France should have the forethought to figure out the impact of income tax before deciding on where or whether to take a lump sum.
In order to protect your estate, you should speak with a QROPS specialist first.
The rules apply not only to a QROPS, but also lump sums paid under many other types of pension scheme.
This tax is applied to all QROPS and not just French QROPS.
Government and local government pensions are not hit by the ruling, but some lawyers suggest that the French government may broaden the legislation to get more money from these as well.
Anyone looking to move or retire to France should contact a professional QROPS adviser ASAP. You can speak to a QROPS specialist today at:
qrops@credendaassociates.com
If you are considering retiring in France, there are some new tax rules coming into effect which you need to be aware of and should seek advice from a specialist today. If you have transferred your pension into a QROPS pension scheme in France or considering moving your scheme, please be aware that new tax regulations are about to come into play.
Foreign nationals who have worked in the UK or British ex-pats who draw a cash lump sum from a QROPS when residing in France should pay income tax on any payment that is more than £5,000 (6,000 EUR).
Those in the upper income bracket could pay tax at 41% if they cash in their pension lump sum in France. This lump sum will be either 30% or 25% depending on the QROPS scheme and juridiction.
Personal allowance for income tax in France is 10%, but you would still be faced with a sizeable tax charge on the lump sum.
We are suggesting that anyone moving to France and deciding to move permanently abroad should take their lump sum before leaving.
Ex-pats who are living in France should have the forethought to figure out the impact of income tax before deciding on where or whether to take a lump sum.
In order to protect your estate, you should speak with a QROPS specialist first.
The rules apply not only to a QROPS, but also lump sums paid under many other types of pension scheme.
This tax is applied to all QROPS and not just French QROPS.
Government and local government pensions are not hit by the ruling, but some lawyers suggest that the French government may broaden the legislation to get more money from these as well.
Anyone looking to move or retire to France should contact a professional QROPS adviser ASAP. You can speak to a QROPS specialist today at:
qrops@credendaassociates.com
Wednesday, 26 January 2011
What is QROPS?
Qualifying Recognized Overseas Pension Scheme
QROPS is a Qualifying Recognized Overseas Pension Scheme which took effect on April 6, 2006. The Inland Revenue agreed to allow expats who have worked in the UK to transfer their pension schemes offshore to HMRC approved QROPS in order to legally take advantage of tax breaks due to the fact that these expats now reside offshore.
Who qualifies for a QROPS tranfer?
Who cannot transfer into a QROPS?
- UK state pensions cannot be transferred.
- Pensions which have already purchased an annuity.
- Certain occupational final salary pension schemes in drawdown (Please email to check if your pension qualifies).
- Non-UK pension schemes.
Do I need to transfer my QROPS to the country I live/retire in?
No. You can hold your pension in a different country than where you retire to. This is often done for security and tax reasons. For example, you can transfer your pension to the Isle of Man or Guernsey for security reasons, whilst living and retiring in Thailand. This allows your pension to grow in a country with a low or zero tax regime. You can then have your retirement income paid directly to your bank account in the country you reside in or paid into an offshore account.
Why would you move into a QROPS?
As taxes increase in the UK, it makes sense to find a safe jurisdiction such as the Isle of Man or Guernsey to administer your pension in a tax efficient environment.
Income tax in the UK varies from 20%-50%, capital gains tax is 18%-28%, dividends tax is up to 42.5% and inheritance tax is 40% above the threshold.
A QROPS transfer protects your pension from UK taxes whilst enabling you to invest in a much wider range of investment options and strategies. You can also hold your pension in many different currencies. It also allows you to invest in commodities such as gold, silver and oil.
From an estate planning viewpoint, QROPS allows you to pass all of your pension pot onto your loved ones if anything happens to you. Under a traditional UK penion scheme, typically a spouse gets only half and then the kids get even less. You also do not have to purchase an annuity, which gives your pension a chance to grow.
QROPS Advice
Send enquiries to qrops@credendaassociates.com
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