Debra Smith

Following collaboration with BWCI, the States of Guernsey Revenue Service have made available updated versions of the Practice Notes for approved pension arrangements. These Practice Notes summarise the tax approval requirements of Occupational Pension Schemes approved under section 150 of the Guernsey Income Tax Law and Retirement Annuity Trust Schemes (“RATS”) approved under section 157A of the Guernsey Income Tax Law. There are several key changes from the previous edition of the Practice Notes.

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