QNUPS is tax efficient retirement plan (qualifying non-UK pension scheme) which allows expatriates to invest non pensionable assets into a bona fide pension scheme. You can draw income annually, quarterly or monthly based on the UK GAD tables (for example male aged 70 could draw approximately 6% of the fund) and provided the income level is fixed for a five year period, our Trustees will issue a temporary annuity certificate meaning that only 12% of the income payment is subject to tax and at capital gains rate rather than income tax rate. So on a 20,000 Euro withdrawal you would only pay 504 Euros tax equivalent to a rate of 2.52%.
If that doesn’t whet your appetite then the advantages to your beneficiaries might well do as any assets invested in QNUPS will immediately fall outside of your estate as far as UK inheritance tax is concerned and could potentially fall outside of local succession taxes too depending on where your beneficiaries are resident.
Furthermore, for a limited period of time we are offering clients investing £150,000 or more into our QNUPS the benefit of our “risk reversal guarantee” which means that if you are not entirely satisfied with the way your assets are managed we will refund the first year’s annual advisory fees.
To take advantage of this special limited time offer you need to call our QNUPS desk on Tel: 956 796 911 or email firstname.lastname@example.org and speak to one of our dedicated specialists who will arrange an appointment to meet with you at a mutually convenient location, discuss your objectives, carry out a risk profile to establish in what type of funds your monies should be invested and arrange for the necessary paperwork to be completed. Within two to three weeks you will be able to sit back and relax knowing that your savings have been properly invested in a tax efficient and inheritance tax friendly scheme.