 | In the vast majority if cases, the answer will be no. If you are a NZ tax resident, transferring your UK pension to a legitimate NZ QROPS is an authorised payment and so no unauthorised payment charges will apply. However, an individual's circumstances need to be carefully considered, which is why GBPensions always recommends that clients seek specialist tax advice. GBPensions only advises on NZ superannuation schemes that are registered under the Financial Markets Conduct Act 2013 and which have been recognised by Her Majesty’s Revenue and Customs (HMRC) as QROPS. |
If you’ve said “Goodbye" to dear old Britannia and “Kia ora!" to life in Aotearoa, remember to explore your pension options.Tony Chamberlain and the GBPensions team offer qualified,specialist advice for your UK pension transfer. To enquire about the options for your pension, contact us today.
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