Transfer Pension to Australia – UK Pension Vs. QROPS
Find out how to save thousands in taxes by transferring a pension to Australia in this useful tax guide. Find out how to say goodbye to the UK tax man and protect your family when you move to Australia. As long as you retire in Australia and never become a resident in the UK again, you will avoid all UK taxes on income and on death...
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
Wednesday 8 July 2015
Thursday 2 July 2015
The Inland Revenue Halts All UK Pension Transfers to Australian Supers
HMRC Closes All UK Pension Transfers to Australian Supers •
Read all about how HMRC have closed the door in the face of all UK pension transfers overseas to Australia. Australian Supers and Australian SMSF's have both been halted in HMRC's biggest cull to date of QROPS schemes globally as most fell foul of the age related pension benefit rules. HMRC refused to back down and the QROPS list is looking remarkable shallow compared to before. Expect more QROPS cullings in the future as more QROPS trustees fall foul of the technical pension rule changes.
Read all about how HMRC have closed the door in the face of all UK pension transfers overseas to Australia. Australian Supers and Australian SMSF's have both been halted in HMRC's biggest cull to date of QROPS schemes globally as most fell foul of the age related pension benefit rules. HMRC refused to back down and the QROPS list is looking remarkable shallow compared to before. Expect more QROPS cullings in the future as more QROPS trustees fall foul of the technical pension rule changes.
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