Response to HMRC consultation on the repayment of the Overseas Transfer Charge

In theory these regulations would allow an overseas transfer charge, paid in connection with a transfer to a QROPS, to be reclaimed where this tax charge turned out not to be due.  However, there are a number of obstacles that mean that in practice it would be very difficult for any refunds to be claimed for most overseas transfer charges…6 December 18 - ACA to HMRC Consultation on Overseas Transfer Charge regs