Withdrawing 25% of overseas pension fund

I am deemed domiciled in UK having lived here for 16 years and I submit a self assessment return each year on my world wide income. I have a superannuation (pension) fund in Australia from which I do not draw a pension. It seems to me I can withdraw 25% of the balance in the my account without paying UK tax. Am I correct?

I should have added that any funds withdrawn from the fund would be paid into my Australian bank account.

Hi,

The 25% applies to the whole pension pot. If you withdraw 25% of that then only 25% of the actual withdrawal is tax free. the remainder is taxable.

Thank you.

Thank you for your reply. Just to clarify, is the following information correct? Is a pension tax free lump sum classed as income? No, you do not have to declare your 25% pension tax-free lump sum as income in your tax returns. The remaining 75% of your pension fund does however count as income when you access it. Thank you