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UK: QROPS online reporting to close in April


Added on 15/02/2017

HMRC have announced they are closing the online service for managing qualifying recognised overseas pension schemes (QROPS), effective from 5 April 2017, reports CCH Daily.

 

Managers and administrators of pension schemes must report information to HM Revenue and Customs about overseas pension schemes, including transfers to and payments from QROPS. From 6 April 2017, they will need to use the existing forms and reference material, which can be found on HMRC’s website.