Gibraltar QROPS – Key Information
The taxation of death benefits will depend on a beneficiary’s country of residence and the amount of time that the deceased had been non-UK resident at the date of death.
* The pension may also be taxed in the member’s country of residence.
Gibraltar QROPS – The Calpe Retirement Benefit Scheme
For pensions valued above £100,000. The Calpe Retirement Benefit Scheme has been approved as a Retirement Benefit Scheme by the Commissioner of Income Tax of Gibraltar. It meets the requirements set out by HMRC to operate as a Qualifying Recognised Overseas Pension Scheme (QROPS).
Gibraltar QROPS Lite – The Calpe Lite Retirement Benefit Scheme
For pensions valued below £100,000. The Calpe Lite Retirement Benefit Scheme has been approved as a Retirement Benefit Scheme by the Commissioner of Income Tax of Gibraltar. It meets the requirements set out by HMRC to operate as a Qualifying Recognised Overseas Pension Scheme (QROPS).