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The list below is a collection of articles that refer to, mention or discuss Qualifying Recognised Overseas Pension Schemes or QROPS

QROPS Transfer Charge Overhaul On The Way

Another overhaul is on the way for Qualifying Recognised Overseas Pension Schemes (QROPS) as the government publishes new draft regulations. Listing both as ‘technical consultations’,...

QROPS List – November 15, 2018

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Financial jurisdiction No of QROPS Australia 761 Austria 5 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 30 Guernsey 57 Hong Kong 2 India 9 Ireland 63 Isle of...

Do Foreign Spouses Inherit Expat Pensions?

A question expats married to a foreign spouses often ask is if their partners will inherit their UK pensions should they die before them. Expats...

QROPS List – November 1, 2018

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Country No of QROPS Australia 754 Austria 5 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 30 Guernsey 56 Hong Kong 2 India 9 Ireland 61 Isle of Man 348 Jersey 48 Kenya 2 Latvia 3 Liechtenstein 2 Luxembourg 2 Malta 38 Mauritius 2 Netherlands 30 New...

QROPS List – October 15, 2018

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Country No of QROPS Australia 741 Austria 5 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 30 Guernsey 56 Hong Kong 2 India 11 Ireland 61 Isle of Man 347 Jersey 46 Kenya 2 Latvia 3 Liechtenstein 2 Luxembourg 2 Malta 38 Mauritius 2 Netherlands 30 New...

South Africa Loses QROPS Status For Expat Pensions

South Africa has dropped off the list of financial jurisdictions offering QROPS expat offshore pensions. The latest HM Revenue & Customs QROPS List published on...

QROPS Transfer Tax Is A Flop For The Tax Man

The controversial QROPS overseas transfer charge has proved to be a flop as a money raiser for the tax man. Only £1.4 million was paid...

QROPS List – October 1, 2018

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Financial Jurisdiction No of ROPS Australia 735 Austria 5 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 9 Gibraltar 30 Guernsey 56 Hong Kong 2 India 12 Ireland 61 Isle of...

Can Taxpayers Rely On Guidance From HMRC?

HMRC publishes tens of thousands of pages of technical guidance online - but can taxpayers really rely on what the information says? Probably not, according...

QROPS List – September 1, 2018

QROPS changes have seen 19 new of the offshore pensions for expats open worldwide. Seven were removed from the latest HM Revenue & Customs QROPS...

HMRC Too Late To Penalise Expats With Cash In Delisted QROPS

The tax man was to slow to penalise retirement savers who had invested in a rule-breaking QROPS pension. A judge at the First-Tier Tribunal agreed...

Tax Man Takes Pension Tax Relief Fight Back To Court

HM Revenue & Customs is determined not to give up a fight to block in specie pension transfers to SIPPS and QROPS. Millions of pounds...

How To Leave Tax-Free Pension Cash To Your Children

Planning to pass on money to children is often a priority for retirement savers - but what’s the best way to do this? Many savers...

QROPS List – August 15, 2018

As predicted, Australia QROPS have passed the 50% landmark to become the first country to offer more than half the global number of specialist...

QROPS List – August 1, 2018

Australia QROPS have almost reached the landmark of making up half of all QROPS offshore pensions for expats worldwide. With 16 new scheme opening in...

QROPS List – July 15, 2018

With 18 new QROPS added and seven delisted, the HM Revenue & Customs QROPS List has grown to 1,353 schemes available worldwide. Most were added...

QROPS List – July 1, 2018

Gibraltar QROPS were cut by a quarter this week as the financial centre lost 10 overseas pensions for expats. Gibraltar now has 31 QROPS. No comment...

Are You Really An Expat?

If you want to structure your finances to minimise the tax you pay as an expat, you must understand your residence status. Just moving away...

QROPS List – June 1, 2018

Sixteen new QROPS were added to the official HM Revenue & Customs list in the past two weeks, with three leaving the listing. That left...

QROPS List – May 15, 2018

More than 100 new Qualifying Recognised Overseas Pension Schemes have joined the official listings this year, according to the latest data. HM Revenue & Customs...