Registered Pension Schemes and Overseas Pension Schemes (Miscellaneous Amendments) Regulations 2012 come into force
Implementation date: 6 April 2012
The Regulations amend the provisions relating to the tax-free transfer of pension savings that have received UK tax relief to overseas pension schemes. They also amend legislation pursuant to the changes in the Finance Act 2011 to the annual allowance for tax-relieved pension saving, enabling non-UK schemes to report to HM Revenue and Customs where they pay an annual allowance charge. The Regulations (PDF format, 71K) can be viewed on the UK legislation website.