Jane Ellis
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RE: UK tax on lump sum withdrawals from Malaysia EPF
Thank you. Does this mean it is taxed as regular income, at the marginal rate? -
UK tax on lump sum withdrawals from Malaysia EPF
Hello Before I came to live in the UK in 1998, I was a Malaysian citizen and worked in the private sector there. I and my employers contributed to the Employees Provident Fund (EPF), which is Malaysia's compulsory government-run pension scheme. I now reside in the UK. Since living in the UK, I have made ad hoc personal contributions from taxed income, not matched by an employer. I have not yet made any withdrawals. I am now thinking of withdrawing a lump sum. Please can you advise how it will be taxed in the UK? Thank you