 | If a transfer can be made within the first four full tax years of becoming tax resident in NZ, the member generally will have no NZ tax liability. If a transfer is made after the four year period a NZ tax liability will theoretically start to accumulate on an annual basis and become payable on a later transfer or withdrawal of benefits from age 55. The longer the transfer is delayed, the greater the potential NZ tax liability. Read what QROPS means. |
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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