Tax may be due on transfers to ROSIIP
Posted by mostafa on 30 July, 2012
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This item was filled under Tax
Members of Recognised Overseas Self-Invested International Pensions (Singapore) (ROSIIP) have sought judicial review of assessments they received in 2011/12 on the transfer by them of UK pension savings to the scheme.
Transfers of UK pension savings can be made free of British tax if transferred to a scheme that is a qualifying recognised overseas pension scheme (QROPS).