Rachel Kavanagh
Joined: 3/6/2024
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RE: Tax on Austealian superannuation
Hi There, I have a similar situation to the above, and would like to know whether 25% of the Australia pension lump sum would be tax free, or whether this 25% relief only applies to UK pension funds? And if yes, is this 25% tax relief in addition to the foreign pension relief of 10% that is available on the fund accumulated pre-6 April 2017? Thank you,
Name removed admin . -
ATED reliefs available when company owns director's house
Hello there, If a UK company owns a residential property worth > £500k and it is lived in by one of the company directors (also a 50% shareholder), is ATED (Annual Tax on Enveloped Dwellings) due, or are any reliefs available in this instance? The company uses this address as their registered office, although the actual business activities do not take place there. Does that make any difference? Would HMRC contact the company if ATED was due? Many thanks, Rachel