Friday, 3 August 2012

HMRC resists Qrops members’ court claims over 55% tax charge - New Model Adviser®

HM Revenue & Customs has hit back at members of a Singapore-based qualifying recognised overseas pension scheme (Qrops) who are legally challenging the taxman over its decision to apply a 55% tax to their pensions.

Members of the Panthera Recognised Overseas Self Invested International Pension (Rosiip) sought a judicial review of HMRC’s decision to apply charges to pension funds transferred from the UK to the Singapore-based Qrops.

HMRC won a high court case against Panthera in 2011 in which it was claimed Rosiip was not open to Singapore residents and there was in fact a Singapore-based pensions regulator with which it should have registered.

Members of the Panthera scheme can transfer out to another QROPS. Please contact

http://www.qropsspecialists.com

Tuesday, 17 July 2012

QROPS Qatar. UK Pension Transfers for British Expatriates in Qatar. - YouTube

QROPS Qatar for British Expats in Qatar. - YouTube

If you are a Brit in Qatar, you can now transfer your pension offshore to avoid paying UK taxes legally. British expats in Doha and British expatriates in Qatar can now benefit from the new QROPS rules. British Airways Qatar staff can also transfer and may even keep their flying benefits.