Retiring Abroad And Tax Question


Y

Yoda

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
 
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P

Peter Saxton

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"
That means put in a box and ignored.
 

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