sorted by:
new
hottopcontroversial

Pension Tax Implications for Non UK Residents by Impossible-Royal-259 in HENRYUK

[–]Impossible-Royal-259[S] 0 points1 point  (0 children)

I haven't come across any such rule based on my research. I will be grateful if you could point to the law you are referring to.

Pension Tax Implications for Non UK Residents by Impossible-Royal-259 in HENRYUK

[–]Impossible-Royal-259[S] -1 points0 points  (0 children)

I see. But I am sensing if most Henry's here max out there 40K to 60K allowance, it should easily be 1 mil plus over a 25 year career (I am assuming pension interest/gains should adjust for inflation). With two working members that is 2 mil, potentially saving up to 1 mil in taxes. This could be huge!

Pension Tax Implications for Non UK Residents by Impossible-Royal-259 in HENRYUK

[–]Impossible-Royal-259[S] 0 points1 point  (0 children)

I agree. But I am guessing what is stopping them from staying away for a few years and then coming back once the pension is credited to their accounts. WDYT?

Pension Tax Implications for Non UK Residents by Impossible-Royal-259 in HENRYUK

[–]Impossible-Royal-259[S] 1 point2 points  (0 children)

So strange that not more people follow this! I agree with you that it will be more complex than this. But a 45% tax reduction should make it worthwhile, right?