2006 – ROSIIP scheme notifies HMRC it meets requirements to be a QROPS
2008 – HMRC withdraws QROPS registration from the ROSIIP scheme
2010 – Equity Trust wins right to gain a ‘declaration of ROSIIP’s legal status’ in High Court
May 2011 – High Court rules ROSIIP was never a QROPS
July 2011 – TMF and Equity Trust merge
March 2012 – ‘ROSIIP was not a QROPS’ – ROSIIP trustees beaten at appeal court
April/May 2012 – ROSIIP investors begin receiving letters from HMRC requesting payment of up to 55% of the amount transferred into the scheme
May 25 2012 – 120 ROSIIP investors begin legal action over 55% tax
June 22 2012 – ROSIIP clients granted Group Litigation Order by High Court
April 8 2013 – More ROSIIP investors informed of 55% pension charge
2 May 2013 – Permission granted by High Court for GLO to take HMRC to trial – date set for 17 June 2013
