QROPS
Credenda Associates Qrops information is based on the latest developments worldwide.There have been numberous sites claiming that 100% of the pension can be taken out of the QROPS provided 5 years have elapsed as an expat. These claims go against the spirit of the product and we have now seen the HRMC outlaw QROPS based in Singapore and challenge other juresdictions because they did not comply. Credenda Associates offer clients access to QROPS based out of several locations. In April 2012 Guernsey and the Isle of Man schemes were removed from the HMRC list, some have been relisted but with not such attractive taxation rates. The good news is we only use trustee locations that have adhered to the HMRC new guidelines, this means we now provide QROPS from Malta and Gibraltar and will look to other locations as they open up, the tax free cash available is now down from 30% to 25%. On the upside our trustees will allow clients to change from one location to another as and when it makes sense to do so, in addition for any people out there caught in the middle we can even offer inspecie transfers.
.Our free Qrops guide is available, please request your copy. today. Our QROPS specialists offer advice globally, our busiest locations include Pattaya, Bangkok, Chiangmai, Manila and Dubai
Comments