Comments on: HMRC Gets Tough On QROPS Abuse http://www.escapefromamerica.com/2009/06/hmrc-gets-tough-on-qrops-abuse/ Live where you want to live... Live how you want to live... And make money doing it! Mon, 06 Feb 2012 11:29:54 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: Stephen Nunn http://www.escapefromamerica.com/2009/06/hmrc-gets-tough-on-qrops-abuse/comment-page-1/#comment-7037 Stephen Nunn Mon, 30 Jan 2012 19:08:48 +0000 http://www.escapefromamerica.com/?p=867#comment-7037 Well said Hugh, PS Where's Maui, is it warm there Steve , cold in Normandy! Well said Hugh,

PS Where’s Maui, is it warm there

Steve , cold in Normandy!

]]> By: Hugh Jarce http://www.escapefromamerica.com/2009/06/hmrc-gets-tough-on-qrops-abuse/comment-page-1/#comment-5287 Hugh Jarce Wed, 26 Jan 2011 16:12:42 +0000 http://www.escapefromamerica.com/?p=867#comment-5287 And how many individuals have been pursued for unpaid tax after withdrawing their entire QROPS fund after 5 years - NONE. HMRC are completely unequipped to either track or pursue abusers of the scheme, anyone who cashed in their fund is completely safe, HMRC couldn't track them if it wanted to. This story was written 2 years before me adding this comment, and in that time HMRC has done nothing to curb this abuse, i.e. they are not even stopping the influx of new abuses, let alone pursuing prior culprits. Enjoy the money, rest easy and feel good about getting one over on the incompetent UK bureaucrats, and take a vacation to Maui. And how many individuals have been pursued for unpaid tax after withdrawing their entire QROPS fund after 5 years – NONE.

HMRC are completely unequipped to either track or pursue abusers of the scheme, anyone who cashed in their fund is completely safe, HMRC couldn’t track them if it wanted to.

This story was written 2 years before me adding this comment, and in that time HMRC has done nothing to curb this abuse, i.e. they are not even stopping the influx of new abuses, let alone pursuing prior culprits.

Enjoy the money, rest easy and feel good about getting one over on the incompetent UK bureaucrats, and take a vacation to Maui.

]]>