Hong Kong insurance-annuity

Hi. Thank you for giving me the opportunity to ask questions here. It is really useful. I (policy owner) bought an annuity ( You pay a set amount of money today, or over time, in exchange for a lump-sum payment or stream of income in the future.) for my daughter (the insured) for her future use. If both of us become UK residents, who is going to pay the tax triggered by the annuity if I draw the money out say when she is 18 for her use or my use. Thank you

Hi,
 

It is the policy owner(s) that declares the income . Thank you.