Chaitanya Rekhi

Hello HMRC, I hope this email finds you well. I am reaching out to seek guidance on personal taxes in the UK. I am an Indian national who recently relocated from China to the UK. I had been working in China for 6 years before moving to the UK on a Tier 2 Visa, which is valid for 5 years. During my time in China, I was entitled to two benefits from my company: • China Social Security. • Swiss Private Pension Upon moving to the UK and joining the same company's UK branch, I have learned that the UK has its own local social security and pension system. As I moved from China to UK, I am no longer paying for Social Security in China & my company has stopped paying for Swiss Private Pension. I have now been informed by China Authorities that I need to withdraw my complete social security from China & also pension from Swiss Private Pension. It is suggested that I take this payment as a lump sum into my saving account, which amounts upto 50,000 GBP. I am looking for your guidance on following points - 1. Will there be any tax exposure in UK if I transfer/withdraw all my social security from China (Around GBP 25,000) & take it into my personal saving (current) account in UK. I cannot keep this money in China & must withdraw all the pension as I am relocated to UK now. 2. Will there be any tax exposure in UK if I withdraw all my private pension from Switzerland (Around GBP 25,000) & take it into my personal saving (current) account in UK. I cannot keep this money in Swiss Pension & must withdraw or transfer all the pension as company is not contributing for it anymore. 3. What is the tax exposure if I transfer my life savings of GBP 100,000 from India into UK. Please let me know if you have any further questions.

Hello HMRC Team, I am reaching out to seek guidance on personal taxes in the UK. I am an Indian national who recently relocated from China to the UK. I had been working in China for 6 years before moving to the UK on a Tier 2 Visa, which is valid for 5 years. During my time in China, I was entitled to two benefits from my company: • China Social Security. • Swiss Private Pension Upon moving to the UK and joining the same company's UK branch, I have learned that the UK has its own local social security and pension system. As a result, my company has stopped paying for the China Social Security and Swiss Pension Plan. I have been informed that I have to withdraw the complete social security from China & Pension from Swiss which amounts to approximately 50,000 GBP. I am seeking your guidance on following - 1. Will there be any tax exposure in UK if I transfer(withdraw) all my social security from China (Around GBP 25,000) & take it into my personal saving (current) account in UK. I cannot keep this money in China & must withdraw all the pension as I am relocated to UK. 2. Will there be any tax exposure in UK if I withdraw all my private pension from Switzerland (Around GBP 25,000) & take it into my personal saving (current) account in UK. I cannot keep this money in Swiss Pension & must withdraw or transfer all the pension as company is not contributing for it anymore. 3. I have life savings in India. What is the tax exposure if I transfer my savings from India into UK. 4. What is the tax exposure if I sell my house in India & transfer that money to UK to buy a house here. Thank you.