A few Question to be answered.
(1) I live outside of the EU but I pay taxes on my pensions I receive in the UK. I have not received any Tax notification for last year or for this. Where or how do I apply to obtain my Tax notification ?
(2) Because I live outside the EU should I be paying Taxes at all ?
(3) Due to the law I now no longer qualify for Free National Health as I live out of the UK for longer than the permited time scale allowed. But if I still pay UK Tax , should I still be entitled to get treatment on the Naional Health if I was to fly home tomorrow ?
2007-07-19 17:42:52 · 2 answers · asked by Sinbin 3 in Business & Finance ➔ Taxes ➔ United Kingdom
Your tax affairs are dealt with by the Centre for Non-Residents.
2007-07-21 08:44:05 · answer #1 · answered by notmarriednochildren 4 · 0⤊ 0⤋
Look up the UK .gov site for revenue & taxes .. (leaflet dev_012307.pdf on thepensionservice site)
... to be honest, there is no way I know of to avoid tax on Pension payments (you got tax relief when you paid in contributions so IR is just getting it's hands on what it regards as Deferred Tax :-) ) .. all you can do is minimise it by making sure you have no other income IN THE UK.
(Transferring your pension to a foreign scheme dosn't help = IR has arrangements with most countries (QROPS 'approved' schemes) so they take the Tax off -- and for 'unapproved' schemes IT takes a huge slice (40-60% ?) befor allowing the transfer)
2007-07-20 02:43:26 · answer #2 · answered by Steve B 7 · 1⤊ 0⤋