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Forum: Spain

Jan 11th 2022, 8:50 pm

Replies: 3

25% pension tax free and house sale CGT

Views: 1,068

Posted By Siftersam

25% pension tax free and house sale CGT

Very likely the information I need is in here somewhere but I'm having a struggle picking the right search term to find it.

I intend to purchase a property and move to Spain on a non lucrative...

Forum: Spain

Apr 23rd 2021, 3:29 pm

Replies: 68

Tax on drawdown question

Views: 6,500

Posted By Siftersam

Re: Tax on drawdown question

Thanks to everyone who replied. Pensions are part of a very tricky topic even for those that remain in the UK.
My need to make a decision is a little way off yet as we plan to do the very often...

Forum: Spain

Jan 30th 2021, 9:36 pm

Replies: 68

Tax on drawdown question

Views: 6,500

Posted By Siftersam

Re: Tax on drawdown question

All comments appreciated, must say that the more I read the more I'm tending towards employing a professional to deal with my tax obligation. Sounds like it will save me hours of stress and probably...

Forum: Spain

Jan 30th 2021, 4:46 pm

Replies: 68

Tax on drawdown question

Views: 6,500

Posted By Siftersam

Re: Tax on drawdown question

Thank you, I based my drawdown calculation on leaving the tax free 25% invested, however, I think I may look at the alternative option now of taking it and investing in an ISA or similar. A bit of a...

Forum: Spain

Jan 30th 2021, 11:01 am

Replies: 68

Tax on drawdown question

Views: 6,500

Posted By Siftersam

Tax on drawdown question

In the UK and assuming I choose not to take the 25% tax free lump sum from my pot and opt for a flexi-access drawdown my understanding is that for each withdrawal 25% will be tax free and the rest is...

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