CIPP Payroll: need to know - 2023-24

The Chartered Institute of Payroll Professionals

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An updated list of ROPS notifications is published on the first and 15th day of each month. If this date falls on a weekend or UK public holiday the list will be published on the next working day. Sometimes the list is updated at short notice to temporarily remove schemes while reviews are carried out, for example, where fraudulent activity is suspected.

The requirements to be a ROPS changed from 6 April 2017 - find out about the changes for ROPS requirements .

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Recognised overseas pension schemes notification list Published: 2 May 2023 Emailed: 3 May 2023

The list of Recognised Overseas Pensions Schemes (ROPS) notifications has been updated .

The list is of schemes that have told HMRC they meet the conditions to be a ROPS and have asked to be included on the list.

There have been 15 scheme names added to the list, two removed and two amended.

HMRC list the updates, as follows.

Schemes added

Australia

A&J Florence SMSF BJ Kellam

Bowyer Superannuation Fund Dolan Superannuation Fund Fitts ROPS Fund Added Goldthorp SMSF Added Iommi Superannuation Fund S & A Evans Family Super Fundv The Cokell Super Fund Pty Ltd The McConville Super Fund Trustee for Alder1 Superannuation Wright ROPS Fund Yuile Super Fund

Guernsey

The Hellens RATs

Isle of Man

Tarsiger Personal Pension Scheme

Schemes amended

Australia

PRC Super Fund (formerly PCR Super Fund)

Isle of Man

Challink Persona Pension Scheme (formerly Challink Persona Pension Scheme)

Schemes removed

Australia

AD Parvin Superfund

cipp.org.uk

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