Christine Bishop
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RE: UK Tax on Australian Superannuation
During employment Australian superannuation contributions are taxed prior to going into a specific fund. Percentage draw down monthly amounts specified by the government are mandatory after reaching a certain age. My question is as the initial contributions amounts inserted into the superannuation fund are already taxed by the ATO, and if a UK resident --does the UK tax apply to the full amount drawn down each month ; or --does the UK tax only apply to the investment amounts the fund makes ? thank you