Tax
Jan 18th 2010 | 9:45 am
#1
Thread Starter
Forum Regular
Joined: Mar 2009
Posts: 45
Tax
Hi Folks,
Help needed.About to fill in Canada tax form. In the Uk they said that I can choose which country I was taxed from Canada or UK Now Canada says that I will be taxed from the UK ???
Forgot to say I am retired.
Any help will be grateful.
Help needed.About to fill in Canada tax form. In the Uk they said that I can choose which country I was taxed from Canada or UK Now Canada says that I will be taxed from the UK ???
Forgot to say I am retired.
Any help will be grateful.
Jan 18th 2010 | 10:07 am
#2
Binned by Muderators
Joined: Jul 2007
Posts: 11,708
From: White Rock BC
Re: Tax
You do not get to chose. The rules are set out in the Canada/UK tax treaty.
If you are resident in Canada then a pension you receive from the UK is taxed only in Canada. If you receive an annuity instead of, or as well as, a pension then the annuity is taxed at 10% in the UK and you make up the difference to Canadian tax levels when you file your Canadian return.
If you are resident in Canada then a pension you receive from the UK is taxed only in Canada. If you receive an annuity instead of, or as well as, a pension then the annuity is taxed at 10% in the UK and you make up the difference to Canadian tax levels when you file your Canadian return.
Jan 18th 2010 | 2:32 pm
#3
Forum Regular
Joined: Oct 2008
Posts: 64
From: Cochrane, Alberta
Re: Tax
can anyone recommend a tax firm for new immigrants who has income still from UK?
