{"id":79682,"date":"2017-03-14T06:17:25","date_gmt":"2017-03-14T06:17:25","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=140d5c6f94053fe416ad893622e1b810"},"modified":"2017-03-14T06:17:25","modified_gmt":"2017-03-14T06:17:25","slug":"charge-introduced-for-transfers-to-overseas-pension-schemes","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=79682","title":{"rendered":"Charge introduced for transfers to overseas pension schemes"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\" property=\"content:encoded\">\n<p>A new 25% charge has been introduced for pension transfers made to qualifying recognised overseas pension schemes (QROPS). The measure took effect for transfers requested on or after 9 March 2017. Transfers will, however, be tax-free when:<\/p>\n<p>&#13;<\/p>\n<ul>\n<li>&#13;<br \/>\n\t\tthe individual and the pension scheme are in countries in the European Economic Area (EEA);<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n\t\tif outside the EEA, the individual and the pension scheme are in the same country;<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n\t\tthe QROPS is provided by the individual\u2019s employer;<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n\t\tthe QROPS is an overseas public service pension scheme and the individual is &#8230;<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<div>\n<div>\n<p>A new 25% charge has been introduced for pension transfers made to qualifying recognised overseas pension schemes (QROPS). The measure took effect for transfers requested on or after 9 March 2017. Transfers will, however, be tax-free when:<\/p>\n<ul>\n<li>\n\t\tthe individual and the pension scheme are in countries in the European Economic Area (EEA);<\/li>\n<li>\n\t\tif outside the EEA, the individual and the pension scheme are in the same country;<\/li>\n<li>\n\t\tthe QROPS is provided by the individual&rsquo;s employer;<\/li>\n<li>\n\t\tthe QROPS is an overseas public service pension scheme and the individual is &#8230;<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/79682"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79682"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/79682\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}