Rebecca Blyth
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RE: UK Tax on Australian Superannuation
Hi there, I am a British Australian living in the UK now. I have a Australian Government Super Annuation fund. Please can you clarify as the tax documents provided aren't very clear. 1) If I take it as a monthly pension paid into my Australian bank account, then transferred to the UK, will I pay tax in the UK, via an annual tax return? 2) If I draw down on it once a year as a lump sum, have it paid into my Australian bank then transfer to the UK, will I need to pay tax on it via an annual tax return? 3) As I understand it I will not pay tax on my pension in Australia under $350000. Does that mean that I will still have to pay tax in the UK? Thank you.