Andrew from Vista Financial

UK Pension Transfers - Tax Relief Granted!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Recommended Posts

    Pension Transfers - Tax Relief Granted!!!!




    Finally tax relief has been granted for those people who were in the unfortunate position of having a UK Pension monies arrive in to Australia post 6 April 2015.



    Today HMRC have confirmed:




    Having considered the specific facts and circumstances of this case, HMRC will not be pursuing the tax charges that arise because you transferred UK tax-relieved pension savings between 6 April 2015 and 1 July 2015 from your scheme to an Australian superannuation fund that was no longer a QROPS as a result of the introduction of the pension age test.




    HMRC have really taken their time in reaching this decision but this will be a huge sigh of relief for many people.







    Share this post

    Link to post
    Share on other sites

    Create an account or sign in to comment

    You need to be a member in order to leave a comment

    Create an account

    Sign up for a new account in our community. It's easy!

    Register a new account

    Sign in

    Already have an account? Sign in here.

    Sign In Now