Skip to main content

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

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

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.

You must be signed in to post in this forum.