• Skip to primary navigation
  • Skip to main content
  • Skip to footer
Gresham Street Partners

Gresham Street Partners

Financial services

  • Home
  • About Us
  • Services
    • BTL Property
    • Commercial Property
    • QNUPS
      • QNUPS Guide
      • QNUPS Benefits
      • QNUPS Analysis
      • QNUPS Presentation
      • Russian Case Study
    • QROPS
      • QROPS Guide
      • QROPS Benefits
      • New 2015 Tax Break
  • News
  • FAQ
  • Contact Us

QNUPS Benefits

QNUPS Benefits

A QNUPS refers to a Qualifying Non UK Pension Scheme. A QNUPS is available to anyone who is either UK-resident or UK-domiciled, Non-Resident or Non-Domiciled but has investment assets in the UK.

The Benefits of having a QNUPS

  • A QNUPS, unlike other pension schemes, does not just accept contributions from a financial source (i.e. pensions/savings, shares, cash), it can also consist of property and assets – it can also include other items of value i.e. fine wines, antiques
  • If you have shares in a Private Company these can be placed in such a Trust and the dividend income and any resultant Capital Gains would be sheltered from both Corporation/income tax and CGT
  • Contributions can also come from your own savings or investments – not just from your income
  • There is no upper age limit for contributions
  • There is no requirement for the QNUPS to be situated in a country where there is a double-taxation agreement – thus it is outside HMRC’s jurisdiction
  • Like a UK Pension scheme you cannot ordinarily access any part of the funds before age 55. If you need to do so, however, it may be possible to get a loan from the scheme.
  • There is no lifetime maximum limit eligible for relief – unlike other pension schemes
  • If you are into buying investment property ( it is essential that all property holdings have a rental income) Stamp Duty may be avoided on the purchase of the property
  • Dividend income remitted back into the QNUPS Trust avoids Income Tax
  • Any growth of funds/investments within the QNUPS is free from Capital Gains Tax
  • If you have IHT concerns, then a QNUPS is a legitimate way of avoiding Inheritance Tax

Footer

  • LinkedIn

© 2023 · Gresham Street Partners · website by faintline.com

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.

Necessary Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.