Admin issues and failing to keep track of staff can have a huge impact on an organisation’s bottom line. Ben Western, senior business development manager at Selenity, explains how the NHS can tackle overpayments
Where transfers of funds are made from a UK-registered pension scheme to an overseas one, that overseas scheme must be ‘recognised’ by HMRC to maintain UK tax benefits. HMRC publishes an updated list of overseas pension schemes that have told them they meet the necessary criteria to be a Recognised Overseas Pension Scheme (ROPS).
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