Pension

Hi, I came to the UK in June 2022 under the BNO Visa 5 +1 Scheme. I was a civil servant in Hong Kong. I have a monthly pension from the Government of the Hong Kong Special Administrative Region . According to Article 17 of the UK/Hong Kong Double Taxation Agreement and Protocol signed 21 Jun 2010, pension arising in Hong Kong in consideration of past employment shall be taxable only in Hong Kong. As I have paid the income tax of my pension in Hong Kong, do I still need to send a Self Assessment tax return to HMRC? Thank you.

Hi Gary Hui,
On the basis of the information you have provided, and assuming that you do not meet any of the other Self Assessment criteria, you do not have to complete a Self Assessment Tax return.                    Check if you need to send a Self Assessment tax return
Thank you. 
 

Hi, Further to Gary's post, Do I need to declare my monthly pension under the Double Taxation Agreement , As I have foreign income to declare so that I need to fill a Self Assessment tax return. Then which part of SA100 I should put in? thanks.

Hi Lisa,
If you have a pension that has already been excluded from UK tax under the terms of the DTA and acknowledged by HMRC, you do not need to declare it.
Thank you. 

 

I left the UK and all NHS employment in 2017, and since then I have been working in the US. I need to know how to transfer my NHS pension to my US retirement scheme e.g. 401 K or IRA. Thank you.

Hi Ahmed Hussein,
Please have a look at the guidance here:
Transferring your pension
Thank you.