Archive | October, 2014

NZ changes to Foreign Superannuation tax rules

The Government has made changes to the tax rules for foreign superannuation. The changes are intended to make the rules simpler and easier to comply with. The changes are contained in the Taxation (Annual Rates, Foreign Superannuation, and Remedial Matters) Act 2014.. The new rules l became effective from 1 April 2014.

Changes to HMRC QROPS rules from April 6 2012

New QROPS rules came into force on the 6th April 2012 . These include Maximum Lump Sum 30%, balance must provide income for life. Earliest Access to Pension age 55. All Pension payments reported to HMRC for 10 years after transferring. If you live in NZ transferring your UK Pension to NZ still has many […]