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  • RE: Transfer of Swiss Pension

    Hello HMRC, I have a similar question about article 18.2. Having relocated back to the UK in June 2022 I am now a UK tax payer. I have a lump sum from my pension in Switzerland (with all relevant taxes paid in Switzerland) that I would like to transfer back to the UK. Does what tax is paid depend upon where the money is paid in to? Can I confirm that if I transfer the payment directly to my savings account in the UK and that it will not be taxable in the UK or is this only the case if I transfer to a SIPP? Thank you for your help.