Rabbie Burns
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RE: Pension Tax
Hi , thanks for the reply , maybe i was a bit vague in my original post regarding the timescale, i'm actually moving to North Cyprus in January 2025 , can you provide an answer to my query now ? -
Pension Tax
Hi, i am doing some forward planning, regarding my future pension income, for health reasons i am considering living abroad in a warmer, drier country. I have friends who live in TRNC ( Turkish republic of North Cyprus) this is one country i am considering moving to and becoming a tax resident there. Can you advise how my UK pensions will be taxed if i reside in North Cyprus ? I will eventually have 3 pension incomes, my state pension, a workplace pension and a SIPP pension, all starting at different dates. If i reside in North Cyprus, will my pensions be paid into my Northern Cyprus bank account Gross , then i will have to deal with the taxation in North Cyprus ? Thanks in advance.