Paul

Hi, Thank you. Can you please clarify whether the above would change as of FY24-25? I thought the new double-taxation treaty is effective the new FY. Secondly, this is voluntary withdrawal from the Complementary Pension Scheme and and usually withdrawal is allowed after change in job, but isn’t obligatory. The payment does not arise in any particular year but is up to the individual to withdraw. I still have not withdrawn it. Can you confirm whether the declarations & payment is still needed? Thank you,

Hello, I moved to United Kingdom in July, 2023, and prior to that I was working in Luxembourg. During the time I worked in Luxembourg, my previous employer (Private Business) and I made contributions under a Complementary Pension Scheme in Luxembourg. As a result of my move out of Luxembourg, I have the option to liquidate my vested rights in the scheme - the amount only comprises of the contributions made by previous employer and myself. Could you please let me know whether I have to i) Declare the amount received in FY22/23 Tax declaration and/or ii) Pay UK Taxes on the amount received In context of the payment received, my situation falls under Article 17 Paragraph 2 of 2022 UK-Luxembourg Double Taxation Convention and protocol. Thank you