Double Taxation For Isle Of Man QROPS
Posted on 06. May, 2008 by admin.
We have discovered that investors who take out an Isle of Man-based QROPS with a view to reducing inheritance tax by up to 70% on death may have to pay two lots of income tax on their pension withdrawals.
Under current legislation, scheme members could be subject to an 18% tax charge on withdrawals, in [...]
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Caution urged over Irish scheme transfers
Posted on 26. Mar, 2008 by admin.
Pension scheme trustees considering moving a scheme to Ireland are being urged to be cautious.
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Qualifying Recognised Overseas Pension Schemes – QROPS
Posted on 26. Mar, 2008 by admin.
What is Free My Pension? and how can I transfer my pension overseas?
If you live overseas you are entitled to move your pension with you and whilst it has always been possible to transfer and or take pension benefits abroad, under pension simplification in April 2006 this became very much easier.
Why leave your funds in [...]
