can i move to a country that has a lower tax on pensions than the uk (just about anywhere it seems) and a double taxation agreement and get my pension without being taxed at the uk rate?
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taxing question
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Originally posted by mrdonuts View Postcan i move to a country that has a lower tax on pensions than the uk (just about anywhere it seems) and a double taxation agreement and get my pension without being taxed at the uk rate?
If you mean state pension, residence in another country while you draw your pension may mean that it is no longer indexed.
Why not ask HMRC and DWP? -
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Originally posted by mrdonuts View Postcan i move to a country that has a lower tax on pensions than the uk (just about anywhere it seems) and a double taxation agreement and get my pension without being taxed at the uk rate?
HTHComment
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Malaysia seems nice....
No tax on foreign income - they're also pushing a Malaysia second home programme...
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Originally posted by mrdonuts View Postcan i move to a country that has a lower tax on pensions than the uk (just about anywhere it seems) and a double taxation agreement and get my pension without being taxed at the uk rate?
A large percentage of pensionsers in the UK pay 0% tax on their pension
timComment
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Originally posted by tim123 View PostThis is impossible to answer without knowing how much your pensions is worth.
A large percentage of pensionsers in the UK pay 0% tax on their pension
tim
.... and that percentage is growing every year that Labour are in power.Comment
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Originally posted by Cyberman View Post.... and that percentage is growing every year that Labour are in power.Comment
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Originally posted by expat View PostI don't think so, not with 800,000 more civil servants since 1997, all with inflation-proofed final salary pensions.
Perhaps I should have qualified my statement with 'in the private sector'.
Imagine the annual cost of those 800,000 non-jobs. If we say an average of 30K salary, that is a staggering 24 Billion pounds a year !!! No wonder that we are in a mess.Comment
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You assume those people don't pay any tax or spend any moneyThe court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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