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Forum: Australia
Nov 18th 2017, 2:30 am
Replies: 7
Views: 1,612
Posted By scrubbedexpat020

Re: >55 UK pension payments timeline

It's treated like any other cash in your account: interest is part of your income for tax purposes.
Forum: Australia
Nov 17th 2017, 10:31 pm
Replies: 7
Views: 1,612
Posted By scrubbedexpat020

Re: >55 UK pension payments timeline

JLT managed to get the payment on the November payroll and cash arrived a few days ago.

In case somebody is wondering about the tax implications.:(
You get 25% tax-free and pay tax on the rest....
Forum: Australia
Nov 13th 2017, 10:52 pm
Replies: 7
Views: 1,612
Posted By scrubbedexpat020

>55 UK pension payments timeline

I though it would be interesting to share our timelines.

I recently cashed in a pension with L&G. I had informed them of the long mail delivery from England to Aus and got their agreement to email...
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