Why shouldn’t I wait until I’ve been absent from the UK for the required 5 tax years before transferring?
A. This is because UK regulations are constantly changing. There is a window of opportunity available right now, and so if you genuinely want access to your locked in funds now is the time to commence the transfer process to ensure future access. The date of release of your funds without penalty will be advised to you as part of the Asset Management Advisory Services Spain pension transfer process.
Related Questions
- What is the apportionment for UK capital gains tax purposes between ordinary shares and B Shares as a result of the return of capital in December 2007/January 2008?
- Why shouldn’t I wait until I’ve been absent from the UK for the required 5 tax years before transferring?
- I’ve got a question about the Wait List that wasn’t answered here. What do I do?