FAQs

Returning To The UK Facts & Questions

Can I still contribute into an offshore regular savings plan from the UK?

You can, however it may be worth considering alternative, UK based solutions which may be more tax effective like a pension or an ISA. It’s also worth considering any exchange rate risks if the policy is not denominated in sterling.

How does a QROPS work in the UK?

Essentially in a very similar way to how it works overseas! As long as it continues to meet HMRC requirements as a recognised overseas pension, you will still receive the same benefits off the policy as you do offshore. The pension will continue to grow tax free, however any income taken outside your pension commencement lump sum, will be subject to UK tax at your marginal rate.

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You can reach us directly by calling us between the hours of 8:30am and 5pm at each of our respective offices and we will immediately assist you.

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Talk To An Adviser

You can reach us directly by calling us between the hours of 8:30am and 5pm at each of our respective offices and we will immediately assist you.

Request A Call Back

By completing this form, you are consenting to receive telephone communication from Skybound Wealth Management Ltd, in accordance with our Privacy Policy.
Thank you!
Your call back request has been received and we will arrange for a member of our team to call you at your desired time.
Oops! Something went wrong while submitting the form