Tax efficiency 1. Income from Pension and distribution will not be under UK tax legislation. UK income tax is up to 40% and death tax
Month: August 2023
In April 2006, the HMRC introduced QROPS for individuals with UK pensions to move their pensions with them when they leave the UK permanently.
A Qualifying Recognised Overseas Pension Scheme, or QROPS, is an overseas pension scheme that meets certain requirements set by Her Majesty’s Revenue and Customs (HMRC).