Retiring Abroad And Tax Question

Sep 06, 2006 1 Replies

In the near future, i intend to retire to foreign fields with a company pension and savings to support me. (Could be either Thailand, Laos or Vietnam) I am getting conflicting stories about the taxation of this cash (which will be both paid into a UK account in the case of the pension and the savings will be left in a UK bank account, to be drawn out/transferred as and when needed) Some people are saying it IS taxable, some say it isnt. Trying to get an answer from the Inland Revenue results in a reply saying my "case has been referred to a different office for further analysis" I have a feeling that, as the country i am retiring to doesnt have a recipricol tax agreement, then i may well be taxed on it, which, to be honest, pisses me off somewhat Whats the best way to avoid this situation?



Yoda


That means put in a box and ignored.

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