Australian QROPS Rules Change Yet Again Surprise, surprise! Australian QROPS rules for UK pension transfers to Australian supers has changed again. Now, if you are over 55 and want to move your UK pension to an Australian SMSF which is QROPS / ROPS compliant, you can transfer $540,000 as long as it is before 30th
HMRC Attacks UK Pension Transfers to Australian QROPS HMRC may close around 40% of Australian super qrops schemes due to a technicality. Many British expats or Aussies who have transferred may be hit by a 55% unauthorised tax charge. HMRC have decided to go after large Australian superannuation funds that are on HMRC’s QROPS list.