Offshore Pension Scheme

Hi I have a Private Pension scheme which is based and administered in Jersey. All the contributions to this scheme were made whilst I was working overseas as a non-resident for Tax purposes. This pension scheme became available to me in June 2022 and I am considering encashing the full sum. I am currently employed and based on my salary I fall in the 40% Tax bracket. I am trying to understand what my Tax liabilities would be should I realised the full sum of the pension pot

Hi John Halsall,
If you are a UK tax resident and domiciled, you will be liable to tax on the pension you take.
If the amount keeps you within the 40% bracket, you will be liable to tax at 40%
Thank you.