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Posted Wed, 27 Dec 2023 21:40:20 GMT by Peter Harper
Can you advise what rate the lump sum from my Australian superannuation will be taxed at bearing in mind that I will also get a lump sum from a UK pension scheme. Will both be tax free for the first 25%? I am a UK citizen and have been resident in the UK since 1998.
Posted Tue, 09 Jan 2024 08:32:00 GMT by HMRC Admin 5
Hi

It depends on your total income received in the tax year and whether you are a Scottish taxpayer or UK tax payer - Income Tax rates and Personal Allowances

Thank you

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