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Posted Wed, 29 Nov 2023 21:10:32 GMT by
Hi For 10 years I worked overseas and had an ISP (International Saving Plan) through my employer. This was done through Offshore Funds with a well known Investment Company Let's say over the 8 years I put in 10% of my Salary and my Employer put in 5%. These are now invested in 10 different funds in the same scheme in varying amounts and gains/losses. My employer and I have not made any contributions since 2020 I returned to the UK in 2020. In my situation, can I withdraw 5% of the whole fund value per year without paying any tax? I did try to search for this but I could only see info regarding Offshore Bonds & not funds. Thanks in advance
Posted Fri, 01 Dec 2023 10:13:52 GMT by HMRC Admin 25
Hi Titch2,
Please have a look at HS265 for advice on offshore funds.
HS265 Offshore funds Published 6 April 2023
Thank you. 

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