This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious






Stories that are tagged 'Qualifying Recognised Overseas Pension Schemes (QROPS)'

Gibraltar Proposes Law Change To Offer UK QROPS
5/15/2012
The Gibraltar government has published a Bill that would amend the territory's legislation to allow local practitioners to offer Qualifying Recognised Overseas Pension Schemes under a regime compliant with new rules set by the UK tax authority, HM Revenue and Customs.
Guernsey 'Singled Out' In UK QROPS Change
4/17/2012
Guernsey Finance, the promotional agency for the island's financial services industry, has condemned the UK tax authority's decision to remove almost all Guernsey Qualifying Recognised Overseas Pensions Schemes from its updated list, describing the move as an 'unjust attack on the island'.
Offshore QROPS Domiciles Stunned At HMRC's Last-Minute Change
4/12/2012
The UK tax authority, HM Revenue and Customs has indicated that tax relief available on pension transfers, under so-called Qualifying Recognised Overseas Pension Scheme structures, will no longer be available unless the Scheme is offered within the territory in which the expatriate is newly resident, putting a multi-million offshore industry at jeopardy.
Jersey Responds To QROPS Change With New Offering
4/11/2012
The Jersey government has announced the launch of a new Jersey-based pension scheme, the Recognized Pension Scheme, which provides a structure compliant with UK law following changes to UK rules regarding Qualifying Recognised Overseas Pension Schemes.
Gibraltar Government To Back Finance Industry
3/23/2012
To mark one hundred days in office, the Gibraltar government has made a number of pledges that it will fulfil during its term, many of which are pertinent to taxpayers and the financial services sector.
UK QROPS Proposals 'Grossly Unfair On Guernsey'
2/29/2012
Changes to tax regulations that aim to clamp down on the mis-selling of qualifying recognized overseas pension schemes will disproportionately affect Guernsey, which has a completely clean QROPS record with the UK tax authority, HM Revenue and Customs, according to a leading Guernsey QROPS provider.
UK Consults On Changes To QROPS Taxation
12/13/2011
The UK has published for consultation draft legislation which will overhaul the system for the transfer of pension savings to qualifying recognised overseas pension schemes.
Abacus Launches Bespoke IoM QROPS Scheme
9/14/2011
Leading fiduciary services provider, Abacus Trust Company Limited, has announced the launch of their new Isle of Man Qualifying Recognised Overseas Pension Scheme product, which offers certain tax advantages to UK expats or British residents considering leaving the UK.
Fairbairn Trust Recognized For QROPS Offering
6/30/2011
Guernsey-based The Overseas Pension, the QROPS from Fairbairn Trust has scooped Professional Adviser’s International Fund and Product ‘Best QROPS Provider 2011’ Award.
UK Approves IoM QROPS
6/29/2011
Pensions written under Isle of Man 50C pensions legislation are now appearing on the list of Qualifying Recognized Overseas Pension Schemes shown on the UK tax authority's website, following completion of a review by HM Revenue and Customs. The announcement further strengthens the Isle of Man as a leading QROPS jurisdiction.
UK Tightens Pension Tax Rules
5/27/2011
The UK has launched two major new pensions tax policy initiatives, engaging in public consultation over plans to overhaul the rules on employer asset-backed contributions to certain pension schemes, and publishing draft legislation aimed at closing a loophole for UK residents transferring pension savings overseas.
Investors Reassured After HMRC's QROPS Attack
5/4/2011
Investors should not be deterred from investing via a Qualified Registered Overseas Pensions structure after the UK tax authority, HM Revenue and Customs, closed a tax loophole created by a new double taxation treaty with Hong Kong, according to a leading offshore pension provider.
UK Targets Overseas Pension Tax Loophole
4/8/2011
The UK has extended its crackdown on overseas tax avoidance with the closure of what the Treasury has labelled an unintended loophole for UK residents transferring pension savings overseas.
Guernsey QROPS Code of Practice Published
4/7/2011
The Guernsey Association of Pension Providers has noted the publication of a 13-page Code of Practice document, on March 31, as a guide to best practice on the operation of Qualifying Registered Overseas Pension Schemes in Guernsey.
Guernsey Finance Endorses QROPS Code
2/9/2011
Guernsey Finance – the promotional agency for the island's financial services industry – has welcomed the publication of a new code of practice for local Qualifying Recognized Overseas Pension Schemes providers as demonstrating the island's commitment to excellence in pensions.
Guernsey Association Publishes QROPS 'Best Practice'
2/3/2011
The Guernsey Association of Pension Providers has published a Code of Practice as a guide for members on best practice in the establishment and operation of Qualifying Registered Overseas Pension Schemes in Guernsey.
IoM Details New Pension Schemes
11/1/2010
The Income Tax Division of the Isle of Man Treasury have published three practice notes on changes to the island’s pension schemes.
Guernsey Launches QROPS Masterclasses
7/30/2010
Following the success of previous topical coverage, Guernsey Finance has announced that it plans to reexamine Qualifying Recognized Overseas Pension Schemes at ‘masterclasses’ to be held in Manchester, Bristol and Birmingham, in the United Kingdom, in September and October.
Dixcart Launches Guernsey Business Centre
7/6/2010
In response to growing demand for office space from companies wishing to demonstrate a physical presence in the jurisdiction, international professional business services organization, Dixcart has opened a new Business Centre in Guernsey.

 

Page 1