This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
US
Pocketmags Digital Magazines

Gibraltar vetoes flexible access to retain 30/70 rule on Qrops

• State legislators hold last-minute talks with HMRC to ensure status of schemes as UK regulators tighten rules

• Decision defies widespread industry view that flexible drawdown was required by a fund to qualify as a Qrops

Gibraltar has retained its rule allowing up to 30% of a Qrops fund to be taken tax free, despite a widespread industry view that HM Revenue & Customs requires full flexible access for all qualifying schemes.

READ MORE
Purchase options below
Find the complete article and many more in this issue of -
If you own the issue, Login to read the full article now.