Skip to main content

beta This is a new service – your feedback will help us to improve it.

UK taxation of Overseas Pension Lump Sum

Jackie
Posted Tue, 07 Nov 2023 22:32:35 GMT by Jackie
I have a pension in Malta from working overseas for many years. None of the funds were UK tax relieved and all relates to pre-2017 overseas employment. I am now UK tax resident. Can I take 25% of the pension as a tax-free lump sum (no UK income tax) - even if the size is more than the max UK tax free lump sum for UK tax relieved pensions? Or does the UK tax free limit apply?
HMRC Admin 17
Posted Wed, 08 Nov 2023 10:56:30 GMT by HMRC Admin 17

Hi ,
 
Please refer to guidance at :

Employment Income Manual  .

Thank you.
 

You must be signed in to post in this forum.