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Posted Wed, 10 Jan 2024 20:54:15 GMT by
I came to the UK on 29 Jun 2022. I have a pension under the Occupational Retirement Scheme Ordinance from my previous employer in Hong Kong which was reimbursed to me in early July 2022 after I arrived the UK. According to the UK/HONG KONG DOUBLE TAXATION AGREEMENT it advises that: "Pensions and other similar remuneration (including a lump sum payment) arising in a Contracting Party and paid to a resident of the other Contracting Party in consideration of past employment or self-employment and social security pensions shall be taxable only in the first-mentioned Party." In this case, I do not need to declare the lump sum payment of my pension reimbursed from my previous employer in the self-assessment return for the tax year 2022 - 2023 since it is arising from past employment in Hong Kong before I arrived the UK. Please advise if my understanding is correct. Thanks
Posted Tue, 16 Jan 2024 15:02:22 GMT by HMRC Admin 19
Hi,

No, you do not declare it as income. You can put a note in the comments to say you receive this but its not taxable under the terms of the DTA.

Thank you.

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