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How Pensions are taxed when you go overseas |
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Written by Administrator
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Many people are looking to retire overseas. In this case, the tax treatment of UK pensions will be very important. In practice if you're a resident of an overseas country you'll be looking at the interaction between the overseas country (that's wants to tax it because you're a resident) and the UK (that wants to tax it because it has a UK source). This is where double tax treaties come into play, as they can help to 'divvie up' the taxing rights between the two countries. This article includes a schedule showing how different double tax treaties will impact on the tax treatment of UK pensions
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