Qualifying Overseas Pension Schemes
HMRC’s requirements for a non-UK scheme to be treated as an overseas pension scheme relevant to migrant member relief as well. Also, benefit crystallisation event reporting relevant for migrant member and transitional corresponding relief
10 January 2024
Overseas pension schemes
HMRC’s requirements for a non-UK scheme to be treated as an overseas pension scheme
Pensions tax relief under a double tax agreement
Pensions tax relief under double taxation agreements (DTAs) in general, and the UK/USA DTA in particular and how it impacts on certain US nationals working in the UK
Migrant member relief
The rules relating to migrant member relief allowing UK tax relief to be given to pension contributions made to a recognised overseas pension scheme
The overseas transfer charge
The principles of the transfer charge payable on transfers from UK schemes to qualifying recognised overseas pension schemes