Malta QROPS – Key Information
The taxation of the death benefits depends on the beneficiary’s country of residence and the amount of time the deceased had been non-UK resident at the date of death.
*Maltese tax will not apply where the pension taxing rights are granted to the member’s country of residence under the terms of a double taxation agreement.
Malta QROPS – The Centaurus Retirement Benefit Scheme
For pensions valued above £100,000. The Centaurus Retirement Benefit Scheme is licensed and regulated as a Personal Retirement Scheme by the Malta Financial Services Authority (MFSA). It meets the requirements set out by HMRC to operate as a Qualifying Recognised Overseas Pension Scheme (QROPS).
Malta QROPS – The Azure Retirement Benefit Scheme
For pensions valued above £100,000. The Azure Retirement Benefit Scheme is licensed and regulated as a Personal Retirement Scheme by the Malta Financial Services Authority (MFSA). It meets the requirements set out by HMRC to operate as a Qualifying Recognised Overseas Pension Scheme (QROPS).