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Posted Thu, 23 May 2024 15:13:21 GMT by macaque25 OnTheRock
When I reach 55 I will have lived (and been tax resident) in Gibraltar for over 10 years. I work for UK based company remotely and they apply UK income tax to my pay (although I am not UK tax resident). Whilst Gibraltar will remain my main home, I am worried that if I qualified as tax resident in both countries as a result of the ties tests in any of the remaining 5 years of employment that my QROPS pension would become taxable when I retire at 55. Or does the fact that a) Gibraltar is and has remained my main home and b) I will not be UK tax resident when I retire mean that it would not be taxable?
Posted Wed, 29 May 2024 09:43:14 GMT by HMRC Admin 21 Response
Hi macaque25 OnTheRock,
This would appear to relate to a date in the future and as such we cannot comment as legislation and/or plans may change.
Thank you.

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