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: 16 October 2023 Emailed: 18 October 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 9 scheme names added to the list, seven removed.

HMRC list the updates, as follows.

Schemes added

Australia

FLT SMSF Iannuzzelli Super Fund McCormick Global Super Sprason Super Fund The Setchell Superannuation Fund The Vespera Super Fund

Netherlands

European Regional Affairs Consultants (ERAC) B.V. Maeve Aerospace B.V. MrWork B.V.

Schemes removed

Australia

AM & SJ Hirst Super Fund Ludlow Super Fund Maidenhead Super Fund Penn Super Fund Removed PD Withers Superannuation Fund Bradbury Super Fund

Jersey

Rozel QROPS

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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