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Can I claim tax relief on pension admin?
LanguedocFox
Posts: 6 Forumite
Hello all
I lived in France until 2018, and had a Qualifying Recognised Overseas Pension Scheme (QROPS). I'm in the process of repatriating the QROPS fund, but someone has (this morning) suggested that I look into whether I can claim tax relief on the various charges (administration, management, service, interest) which have been levied on the fund. It would not apply for the period prior to 2018, when I paid tax to the French revenue, but I just wonder if it might apply in the UK. Any ideas, and if so where would I look?
Thanks again in advance.
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Comments
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'm in the process of repatriating the QROPS fund, but someone has (this morning) suggested that I look into whether I can claim tax relief on the various charges (administration, management, service, interest) which have been levied on the fund.By default, any charges paid in the pension have had tax relief as the money in the pension has come from contributions that had relief in the first place.
So, no.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Thanks for that. It’s fairly obvious when explained like that!0
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