pensions
 

I already pay UK tax on a monthly pension. If I moved to Oz, would I be taxed again? Thanks in advance:rofl:

Re: pensions
 

Croc,

I too will be receiving a pension when i move out there in 2011. I beleive the commonwealth has an agreement not to tax you further as the pension is taxed at source. More money for Gordon Brown and his troop of clowns.

regards

Yakka

Re: pensions
 

Depends on your Australian visa.

If a permanent visa the pension income will be wholly taxable in Australia, and a NT (No Tax) PAYE Coding should be applied to the UK pension after you have moved to Australia and completed the relevant HM Revenue forms (FD2 and P85).

Best regards.

Re: pensions
 

I don't have a UK pension and I've been told by two UK IFAs that I can't set one up from Oz because....we are ineligible (presumably because we don't pay UK tax) and they can only transact business in the UK.

Has anyone else started up a UK pension from Oz or taken an alternative route to saving towards a pension?