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Thank you for your reply. I just wish to make sure I have understood your answer. If I withdraw the lump sum now and move it to my UK bank account as a UK resident, tax will only be payable in Switzerland under Article 18.2? And as no UK tax would be payable, is there an obligation to notify HMRC? Thank you.
Hello, since 2012 I have had a sum in a blocked Swiss Vested Benefits account which (since Brexit) I understand that I can now transfer out of Switzerland. Can I transfer the lump sum to my UK SIPP without incurring UK tax (under Art 18.2 of the double taxation treaty)? Or, as I will reach Swiss retirement age in 4 years time, if I wait until then to access the lump sum will it be liable to UK tax? Thank you