Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Any UK Retirees Living in Australia ...

Any UK Retirees Living in Australia ...

Old Mar 14th 2007, 8:22 am
  #1  
Just Joined
Thread Starter
 
Joined: Mar 2007
Location: Tasmania
Posts: 9
glazfolk is a jewel in the roughglazfolk is a jewel in the roughglazfolk is a jewel in the roughglazfolk is a jewel in the rough
Default Any UK Retirees Living in Australia ...

I wonder if anybody can give me some advice/info.

I emigrated to Australia in 1984 after some 12 or so years in the teaching profession. Next week I'll be age 60 and should start to get my teacher's pension paid monthly.

One problem. Teachers pensions tell me that the pension is subject to UK Income Tax. The Australian Tax Office say I have to pay them tax.

This can't be right ... I can't believe the same income is taxed twice (won't be much left for me if it is!).

Can any expat retirees living in Oz and drawing an occupational pension scheme from the UK shed any light on this one for me? Thanks in advance.

Geoff
glazfolk is offline  
Old Mar 14th 2007, 8:32 am
  #2  
Bitter and twisted
 
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Grayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond repute
Default Re: Any UK Retirees Living in Australia ...

Originally Posted by glazfolk View Post
I wonder if anybody can give me some advice/info.

I emigrated to Australia in 1984 after some 12 or so years in the teaching profession. Next week I'll be age 60 and should start to get my teacher's pension paid monthly.

One problem. Teachers pensions tell me that the pension is subject to UK Income Tax. The Australian Tax Office say I have to pay them tax.

This can't be right ... I can't believe the same income is taxed twice (won't be much left for me if it is!).

Can any expat retirees living in Oz and drawing an occupational pension scheme from the UK shed any light on this one for me? Thanks in advance.

Geoff
There is a 'double taxation' agreement between UK and Australia which means that you are only taxed in one country. You can claim credits against Australian tax for any tax paid in the UK.

Check this out with the UK inland revenue.

G
Grayling is offline  
Old Mar 14th 2007, 8:35 am
  #3  
Australia's Doorman
 
Hutch's Avatar
 
Joined: Jan 2005
Location: The Shoalhaven, New South Wales, Australia
Posts: 11,052
Hutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond reputeHutch has a reputation beyond repute
Default Re: Any UK Retirees Living in Australia ...

Originally Posted by glazfolk View Post
I wonder if anybody can give me some advice/info.

I emigrated to Australia in 1984 after some 12 or so years in the teaching profession. Next week I'll be age 60 and should start to get my teacher's pension paid monthly.

One problem. Teachers pensions tell me that the pension is subject to UK Income Tax. The Australian Tax Office say I have to pay them tax.

This can't be right ... I can't believe the same income is taxed twice (won't be much left for me if it is!).

Can any expat retirees living in Oz and drawing an occupational pension scheme from the UK shed any light on this one for me? Thanks in advance.

Geoff
My dad's in the same boat as you (retired teacher too) and yes, he pays tax on his pension. Even worse, thanks to a ridiculous bit of red tape, your pension will not be index-linked from the day you start drawing it.
Hutch is offline  
Old Mar 14th 2007, 8:39 am
  #4  
Bitter and twisted
 
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Grayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond repute
Default Re: Any UK Retirees Living in Australia ...

Originally Posted by Hutch View Post
My dad's in the same boat as you (retired teacher too) and yes, he pays tax on his pension. Even worse, thanks to a ridiculous bit of red tape, your pension will not be index-linked from the day you start drawing it.
The OP is talking about an occupational pension Hutch.

This remains index linked if that is part of that particular scheme.

The UK old age pension is the one that is not index linked.

G
Grayling is offline  
Old Mar 14th 2007, 8:51 am
  #5  
Just Joined
Thread Starter
 
Joined: Mar 2007
Location: Tasmania
Posts: 9
glazfolk is a jewel in the roughglazfolk is a jewel in the roughglazfolk is a jewel in the roughglazfolk is a jewel in the rough
Default Re: Any UK Retirees Living in Australia ...

Grayling,

Thank you for your swift reply. It's assuring to know that I'll only have to pay tax once.

I fear a mountain of red tape to be cut through to sort this out, but feel confident now at least that there will be light at the end of the tunnel. Not sure exactly how I go about contacting the Inland Revenue (they're quite big!) but I'll cross that bridge when I get to it.

Thanks again,
Geoff
glazfolk is offline  
Old Mar 14th 2007, 8:56 am
  #6  
Lost in BE Cyberspace
 
Wendy's Avatar
 
Joined: Nov 2005
Location: at the bottom of a wine glass
Posts: 28,176
Wendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond repute
Default Re: Any UK Retirees Living in Australia ...

Originally Posted by glazfolk View Post
Grayling,

Thank you for your swift reply. It's assuring to know that I'll only have to pay tax once.

I fear a mountain of red tape to be cut through to sort this out, but feel confident now at least that there will be light at the end of the tunnel. Not sure exactly how I go about contacting the Inland Revenue (they're quite big!) but I'll cross that bridge when I get to it.

Thanks again,
Geoff

If you follow this link you'll be able to find an International number for one of the offices in the UK. I'd say you'd be best looking for the one near where you lived in the UK and they should be able to either help or forward you onto the relevant one.

http://www.hmrc.gov.uk/local/individ...al-numbers.htm
Wendy is offline  
Old Mar 14th 2007, 8:58 am
  #7  
Bitter and twisted
 
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Grayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond reputeGrayling has a reputation beyond repute
Default Re: Any UK Retirees Living in Australia ...

Originally Posted by glazfolk View Post
Grayling,

Thank you for your swift reply. It's assuring to know that I'll only have to pay tax once.

I fear a mountain of red tape to be cut through to sort this out, but feel confident now at least that there will be light at the end of the tunnel. Not sure exactly how I go about contacting the Inland Revenue (they're quite big!) but I'll cross that bridge when I get to it.

Thanks again,
Geoff
There is a form available (on the Inland revenue website) which you will need to complete. I think it is number FD2....but you will need to check that.

G
Grayling is offline  
Old Mar 14th 2007, 9:09 am
  #8  
Just Joined
Thread Starter
 
Joined: Mar 2007
Location: Tasmania
Posts: 9
glazfolk is a jewel in the roughglazfolk is a jewel in the roughglazfolk is a jewel in the roughglazfolk is a jewel in the rough
Default Re: Any UK Retirees Living in Australia ...

Wendy, Grayling ....

More thanks for your assistance. Much appreciated.

Geoff
glazfolk is offline  
Old Mar 15th 2007, 5:26 am
  #9  
Just Joined
Thread Starter
 
Joined: Mar 2007
Location: Tasmania
Posts: 9
glazfolk is a jewel in the roughglazfolk is a jewel in the roughglazfolk is a jewel in the roughglazfolk is a jewel in the rough
Default Re: Any UK Retirees Living in Australia ...

Just to update ... I've found the forms you were referring to, Grayling, downloaded, completed and mailed off today.

Thanks again for pointing me in the right direction, otherwise I had no idea where to start ... I made my original post with a horrible sinking feeling approaching despair ... now I at least feel a lot more realxed about it.
glazfolk is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.