Moving back to blighty
#1
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Joined: Mar 2017
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Moving back to blighty
Hi all, great to find this forum, thought it might be a good place to get some tips from those that have gone back to blighty already. Now at age 46 been out in Auckland for 16yrs and going back to live permanently to chester England. I was in full time employment in the uk from 87 to 2000, 13 yrs. I've been in full time employment here in nz since. First question is, because the uk and nz have a reciprocal agreement, will I get full uk state pension when I reach retirement age in the uk ? Also do I need to provide the uk of my tax contributions from nz ? Also am entitled to a tax rebate in nz because I am quitting half way thru a tax year ? I will also be wiring around 450,000 GBP from a bank in nz to the uk. Basically any tax tips or traps to avoid from all of your experiences. Kind regards
#2
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Joined: Sep 2014
Posts: 1,114
Re: Moving back to blighty
Hi all, great to find this forum, thought it might be a good place to get some tips from those that have gone back to blighty already. Now at age 46 been out in Auckland for 16yrs and going back to live permanently to chester England. I was in full time employment in the uk from 87 to 2000, 13 yrs. I've been in full time employment here in nz since. First question is, because the uk and nz have a reciprocal agreement, will I get full uk state pension when I reach retirement age in the uk ? Also do I need to provide the uk of my tax contributions from nz ? Also am entitled to a tax rebate in nz because I am quitting half way thru a tax year ? I will also be wiring around 450,000 GBP from a bank in nz to the uk. Basically any tax tips or traps to avoid from all of your experiences. Kind regards
#4
Re: Moving back to blighty
I've been out in NZ for 13 yrs now & wouldn't rule out leaving.
I've been in full time employment here in nz since. First question is, because the uk and nz have a reciprocal agreement, will I get full uk state pension when I reach retirement age in the uk ? Also do I need to provide the uk of my tax contributions from nz ?
Also am entitled to a tax rebate in nz because I am quitting half way thru a tax year ?
#5
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Joined: Dec 2013
Location: Consolacion,Cebu
Posts: 1,931
Re: Moving back to blighty
Why not email the DWP and ask? They are quite good at getting back to you.
#6
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Joined: Mar 2017
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Re: Moving back to blighty
[QUOTE=BEVS;12199548]Hi there and welcome to the wonderful world of BE.
I've been out in NZ for 13 yrs now & wouldn't rule out leaving.
Thx bev, yes bored
of it here now tbh, done everything there is to do in this hemisphere, seen enough beach to last me a lifetime, selling up in Auckland is an incentive I've got to say too.
I've been out in NZ for 13 yrs now & wouldn't rule out leaving.
Thx bev, yes bored
of it here now tbh, done everything there is to do in this hemisphere, seen enough beach to last me a lifetime, selling up in Auckland is an incentive I've got to say too.
#8
Re: Moving back to blighty
In the UK, 80% of the population to not complete a tax return because of PAYE.
However, if you have substantial non-PAYE income then you need to complete a tax return.
You will need to provide proof of the source of your capital transferred to the UK e.g. proof of sale of home to comply with UK money laundering regulations.
The more paperwork you have, the better.
#10
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Re: Moving back to blighty
If you pay any tax due in NZ then you are transferring your cash assets to the UK. Depending on the tax year overlap (if any?) you may have to declare the sale and tax paid on a Uk tax return. Double tax treaties should mean that you are not taxed twice.
In the UK, 80% of the population to not complete a tax return because of PAYE.
However, if you have substantial non-PAYE income then you need to complete a tax return.
You will need to provide proof of the source of your capital transferred to the UK e.g. proof of sale of home to comply with UK money laundering regulations.
The more paperwork you have, the better.
In the UK, 80% of the population to not complete a tax return because of PAYE.
However, if you have substantial non-PAYE income then you need to complete a tax return.
You will need to provide proof of the source of your capital transferred to the UK e.g. proof of sale of home to comply with UK money laundering regulations.
The more paperwork you have, the better.
Thx for your reply, these are exactly the kind of traps I want to be sure of, I think I will sit down with a tax accountant after that lot
#11
Account Closed
Joined: Mar 2008
Posts: 0
Re: Moving back to blighty
Useful to know for when we finally leave NZ. In our 11th year here and can't wait to leave. Hoping to return to Blighty in 2018 (although I'd leave tomorrow if I won the lottery!)
I love Chester, such an interesting place with lots of history and a decent zoo . No idea where we will head for, depends on where OH can find a job. Good time to sell in Auckland, Morphius. Good luck with the move
I love Chester, such an interesting place with lots of history and a decent zoo . No idea where we will head for, depends on where OH can find a job. Good time to sell in Auckland, Morphius. Good luck with the move
#12
Re: Moving back to blighty
Useful to know for when we finally leave NZ. In our 11th year here and can't wait to leave. Hoping to return to Blighty in 2018 (although I'd leave tomorrow if I won the lottery!)
I love Chester, such an interesting place with lots of history and a decent zoo . No idea where we will head for, depends on where OH can find a job. Good time to sell in Auckland, Morphius. Good luck with the move
I love Chester, such an interesting place with lots of history and a decent zoo . No idea where we will head for, depends on where OH can find a job. Good time to sell in Auckland, Morphius. Good luck with the move
Last edited by Celticprince_86; Mar 9th 2017 at 12:59 am.
#13
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Joined: Mar 2017
Location: Auckland
Posts: 10
Re: Moving back to blighty
Hi there! Love these forums ... most excellent!
It's just so tempting isn't it? I mean, we own a house in Auckland ... we are both joint NZ/British Citizens ... and our kids have left the country because they're also joint passport holders...
Couple that with me being 58, the contract job market drying up for me here (I'm in IT security), and the UK IT contract market being so strong...
We spent a total of 13 years in the UK, before returning home to NZ around (also) 13 years now, but have visited in the interim, so aren't looking at the UK through 'rose-tinted spectacles', yeah?
D*mn ... it's just so very tempting ... especially as we planned to retire to Europe anyways...
Sigh!
It's just so tempting isn't it? I mean, we own a house in Auckland ... we are both joint NZ/British Citizens ... and our kids have left the country because they're also joint passport holders...
Couple that with me being 58, the contract job market drying up for me here (I'm in IT security), and the UK IT contract market being so strong...
We spent a total of 13 years in the UK, before returning home to NZ around (also) 13 years now, but have visited in the interim, so aren't looking at the UK through 'rose-tinted spectacles', yeah?
D*mn ... it's just so very tempting ... especially as we planned to retire to Europe anyways...
Sigh!
#14
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Joined: Mar 2017
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Re: Moving back to blighty
[QUOTE=Celticprince_86;12200491]You and me both! I hope to have a couple of grand (10 or so) saved by the end of 2018/start of 2019. I'm from Chester too (Blacon to be exact) and can't wait to get back.[/Qceltichuntingto Prince, were originally from west derby in Liverpool, hoping to move around huntington chester, good central area for jobs and walking in north wales, good luck with ur plans
#15
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Joined: Mar 2017
Posts: 11
Re: Moving back to blighty
Useful to know for when we finally leave NZ. In our 11th year here and can't wait to leave. Hoping to return to Blighty in 2018 (although I'd leave tomorrow if I won the lottery!)
I love Chester, such an interesting place with lots of history and a decent zoo . No idea where we will head for, depends on where OH can find a job. Good time to sell in Auckland, Morphius. Good luck with the move
I love Chester, such an interesting place with lots of history and a decent zoo . No idea where we will head for, depends on where OH can find a job. Good time to sell in Auckland, Morphius. Good luck with the move