British Expats - Search Results

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Forum: The Maple Leaf

Oct 7th 2017, 9:51 pm

Replies: 14

RRSP in my dotage living in UK

Views: 3,829

Posted By Almost Canadian

Re: RRSP in my dotage living in UK

I believe he was talking about RRIFs. I was talking about RRSPs, as was the OP. :p

If I am honest, I don't fully understand the difference between the two, being a fair way away from...

Forum: The Maple Leaf

Oct 7th 2017, 7:16 pm

Replies: 14

RRSP in my dotage living in UK

Views: 3,829

Posted By Almost Canadian

Re: RRSP in my dotage living in UK

That is only helpful if your marginal tax rate is higher than 25% in England.

For example, withdrawing $20,000 a year from the RRSP if living in Canada would not likely incur 25% tax. In the...

Forum: The Maple Leaf

Oct 7th 2017, 2:43 pm

Replies: 14

RRSP in my dotage living in UK

Views: 3,829

Posted By Almost Canadian

Re: RRSP in my dotage living in UK

There will be a withholding tax deducted (I believe it is 25%). You then file your taxes is the UK and you will be given a credit for any tax you paid to Canada. Canada will not reimburse you for...

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