What reporting requirements will HMRC impose on overseas providers?
A. The requirements are specified in SI 2006/208. In order for an overseas scheme to be a QROPS the manager must have undertaken that on the making of a payment (or of a deemed payment) he/she will provide HMRC with the name and address of the member, and the date, amount and nature of the payment.
Related Questions
- Will the fact that many of the Service Providers are overseas increase the risk that HMRC will look to employment businesses, as the parties with greater assets, to transfer debts?
- What are the English language requirements for the MSc for overseas students whose first language is not English?
- What reporting requirements will HMRC impose on overseas providers?
