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Forum: Canada
Nov 8th 2017, 12:03 am
Replies: 39
Views: 8,357
Posted By Steve_

Re: Tax relief on UK pension income limited to 10%?

Your basic mistake going by your original post is you took the lump sum, which the CRA does NOT see as being an annuity and is subject to Canadian income taxes. We had this thread on here recently,...
Forum: Canada
Nov 7th 2017, 11:55 pm
Replies: 39
Views: 8,357
Posted By Steve_

Re: Tax relief on UK pension income limited to 10%?

The answer is yes. It's only a tax benefit if you live in the UK as it free from UK tax. The same is true of TFSAs, they are only free from Canadian tax. It's quite possible to hold all kinds of...
Forum: Canada
Oct 28th 2017, 7:00 am
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