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has anyone ever climed theres usin a r43 form? is it a long process, do you get all your tax back or just the allowance thnaks

Buzzy--Bee

Check the HMRC website. This is a benefit that was largely removed in 2010, although it does I believe depend on whether you are a British citizen or not.

BB

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thanks buzz

http://www.theexpatriatetaxfactory.c...ing_the_UK.php

UK personal allowance

You will be entitled to continue to claim a UK personal allowance in tax years throughout which you are regarded as not resident and not ordinarily resident for UK tax purposes provided you qualify under one of a number of categories including the following:

a) you are a Bristish national.

b) you are an EEA national.

c) you are a Commonwealth citizen (up until 5 April 2010).


i am a british citizen, born and bred not a Commonwealth citizen

Bermudashorts

Why don't you just do a self assessment? I have never used this form before, but have done self assessments and overpaid tax has been repaid in a couple of weeks. The personal allowance was simply applied to the calculation.

ROMFT_WO2RN

I'll be using it this year once my pension P60 turns up. All future pension payments are rated as NT so I only need to claim back a few months of tax.

Shouldn't need to do one again

mikelincs

You certain about that?, I have a state and NHS pension, the state pension is non taxable.. BUT I do pay tax on the NHS one, and the amount of state pension reduces the personal allowance I can claim against my NHS pension.
The state pension is NOT non taxable, but falls below the threshold for paying tax, so you are not taxed on it, but that amount is removed from your tax free allowance for any other pension.

ROMFT_WO2RN

Only have an Armed Forces pension at the moment which would be taxable if I was living in the UK but, has been declared as NT by HMRC as I an no longer resident in the UK. I had to get form IR2003 signed by the ATO to state I was registered for tax in Australia before they would do that.

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the whole point of the r43 form is so no self assess is needed. its much easier and a 1 off process. self asses can become perpetual.

Jilliebee

Same circumstances as us. Hubby still has to do a UK self assessment every year, but doesn't take long and obviously never gets a bill . Now Aus tax is a different story - grrrr

ROMFT_WO2RN

Mmm, got me thinking now as HMRC haven't mentioned the need to do an annual tax return. Will check with my fellow retired matelots living nearby

Alan Collett

If you are a permanent resident or Aus citizen living in Australia UK pension income is properly wholly taxable in Australia, with a NT (No Tax) PAYE Coding to be sought from HMRC.

The UK State Pension is also taxable in Australia, but with an 8% deduction available for what is called the Undeducted Purchase Price (UPP) of the pension.

Best regards.

OzTennis

Yes, DWP has 2nd claim on your income if paying tax in UK. If you are in receipt of an occupational pension this will set against your personal allowance first and if this income is > your personal allowance then you won't pay tax on your state pension. If your occupational pension is < your personal allowance then clearly you will have to pay some tax on your state pension.

StSabre

The state pension is taxable in the UK. If you receive an occupational pension too then your tax code will be adjusted so that the tax on the state pension is collected through PAYE.

If you don't receive an occupational pension, but your total income including the state pension is greater than the personal allowance, then the tax is collected through self-assessment.

louie

If you are resident in Australia then the terms of the UK - Australia tax treaty are relevant to you. Article 17 says:

"Pensions and annuities

1 Pensions (including government pensions) and annuities paid to a resident of a Contracting State shall be taxable only in that State.

2 The term “annuity” means a stated sum payable periodically to an individual at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money’s worth."

Listen to Alan Collett - he is an accountant after all.

ETA: This form and the notes may be useful: http://www.hmrc.gov.uk/cnr/aust-indiv2003.pdf

Alan Collett

Thanks Louie.

The provisions of Article 17 are subject to those of Clause 2 of Article 23:

Where under this Convention any income or gains are relieved from tax in a Contracting State and, under the law in force in the other Contracting State, an individual in respect of that income or those gains is exempt from tax by virtue of being a temporary resident of the other State within the meaning of the applicable tax laws of that other State, then the relief to be allowed under this Convention in the first-mentioned State shall not apply to the extent that that income or those gains are exempt from tax in the other State.

In plainer English, this means that UK source pension income received by those holding a temporary residency visa and residing in Australia - such as a subclass 405 visa, a subclass 410 visa, or a subclass 173 visa - remains taxable in the UK.

Best regards.