Since 30 October 2024, moving a UK pension to a QROPS can trigger a 25% Overseas Transfer Charge unless you are tax resident in the same country the scheme is based. This tool shows whether the charge would apply and what it would cost.
The checker applies the Overseas Transfer Charge rules for transfers requested on or after 30 October 2024: a 25% charge unless you are tax resident in the same country the QROPS is established (or the transfer meets a qualifying employer or international-organisation exclusion), plus a separate 25% charge on any amount above the Overseas Transfer Allowance. It also flags HMRC’s five-year monitoring period, during which the charge can be applied retrospectively if your circumstances change.
It is a high-level illustration of the transfer charge only, not tax advice, and it does not assess whether a transfer is right for you — keeping your pension in the UK often avoids the charge entirely. For the full picture, our guide to SIPP vs QROPS transfers covers the detail, and a consultation will give you a precise assessment.
