Any UK Retirees Living in Australia ...
#1
Just Joined
Thread Starter
Joined: Mar 2007
Location: Tasmania
Posts: 9
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
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
#2
Bitter and twisted
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Re: 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
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
Check this out with the UK inland revenue.
G
#3
Australia's Doorman
Joined: Jan 2005
Location: The Shoalhaven, New South Wales, Australia
Posts: 11,056
Re: 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
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
#4
Bitter and twisted
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Re: Any UK Retirees Living in Australia ...
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
#5
Just Joined
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Joined: Mar 2007
Location: Tasmania
Posts: 9
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
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
#6
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
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
#7
Bitter and twisted
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
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
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
G
#8
Just Joined
Thread Starter
Joined: Mar 2007
Location: Tasmania
Posts: 9
Re: Any UK Retirees Living in Australia ...
Wendy, Grayling ....
More thanks for your assistance. Much appreciated.
Geoff
More thanks for your assistance. Much appreciated.
Geoff
#9
Just Joined
Thread Starter
Joined: Mar 2007
Location: Tasmania
Posts: 9
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.
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.