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Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
UK Company pension
UK Company pension
anyone any experience of trying to get their UK company pension paid into Singapore without paying UK tax i.e. receive it gross ? Is it even do-able ?
Re: UK Company pension
It should be possible though you need to confirm it with those in charge of it, as it will not help your case here on the forum. They probably have a website with all the information in the FAQ'scobbler wrote:anyone any experience of trying to get their UK company pension paid into Singapore without paying UK tax i.e. receive it gross ? Is it even do-able ?
Re: UK Company pension
All UK schemes can only be transferred to HMRC approved schemes. None exist in Singapore but you can transfer to an overseas approved scheme.cobbler wrote:anyone any experience of trying to get their UK company pension paid into Singapore without paying UK tax i.e. receive it gross ? Is it even do-able ?
When transferred there is no tax deducted.
Any potential transfer needs appraisal first - old benefits versus new benefits etc.
edited by moderator
Rgds
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Yes. The answer is most likely a QROPS (Qualified Recognised Overseas Pension Scheme). These do indeed need to be recognised by HMRC. It is possible to get the full amount and have access to it, legally.anyone any experience of trying to get their UK company pension paid into Singapore without paying UK tax i.e. receive it gross ? Is it even do-able ?
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