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Foreign funds from closed retirement account overseas

Answer
Ee-Leene Tan
Posted Thu, 17 Oct 2024 14:42:52 GMT by Ee-Leene Tan
I will be renouncing my citizenship in Singapore when I get a British passport. With this, I will be closing my pension account in Singapore and transferring to a UK bank account. Will this need to be reported to HMRC and what are the tax implications?
Answer
HMRC Admin 20 Response
Posted Fri, 25 Oct 2024 17:46:13 GMT by HMRC Admin 20 Response
Hi,
Please refer to guidance at Tax on foreign income
Thank you.

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