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Post Info TOPIC: Non Resident (Australian resident) pension withdrawl
Lyndsey


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Non Resident (Australian resident) pension withdrawl
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Hi

I had a question from a family member, just wondering if anyone has any experience with this?

She moved out to Australia over 15 years ago. She has just collected a small private pension, some tax free some not. The bit that was taxed was around £11,000. Is this tax reclaimable at all? 

I will do a bit more research when I get home, just thought I would pop it on here to see if anyone has experience with this.

 

Thanks Lyndsey



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Cheshire


Master Book-keeper

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Hi Lyndsey
Same tax rules for expats - any income drawn from UK sources (pensions, property income, bank interest etc) remains liable for UK income tax.

They may also be taxed in Australia on the income.

Australia has a double taxation treaty with the UK. I dont know the finer details as I am only just (possibly) starting on that country myself but for a Limited. But depending on the agreement itself you should get either a full refund or partial refund. There are forms to be completed to send to HMRC - great care needed when completing and its not a particularly rapid process.

HTH

Edited re typo



-- Edited by Cheshire on Sunday 23rd of July 2017 12:52:42 PM

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Lyndsey


Senior Member

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Posts: 321
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Thanks Joanne,

I think I'm going to have to go back to her saying I don't know... there are too many variables and without seeing T&C and stuff its difficult.

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