HMRC are inviting comments by 1 June on draft anti-avoidance legislation to provide that certain foreign pensions paid to UK residents may be taxed in the UK.
HMRC are inviting comments by 1 June on draft anti-avoidance legislation to provide that certain foreign pensions paid to UK residents may be taxed in the UK.
A new clause to the Finance Bill is intended to ensure that ‘provisions found in certain double taxation arrangements to tax pensions or lump sums solely in the country where they arise cannot be read as preventing a foreign pension or lump sum paid to a UK resident being chargeable to UK tax’.
HMRC are inviting comments by 1 June on draft anti-avoidance legislation to provide that certain foreign pensions paid to UK residents may be taxed in the UK.
HMRC are inviting comments by 1 June on draft anti-avoidance legislation to provide that certain foreign pensions paid to UK residents may be taxed in the UK.
A new clause to the Finance Bill is intended to ensure that ‘provisions found in certain double taxation arrangements to tax pensions or lump sums solely in the country where they arise cannot be read as preventing a foreign pension or lump sum paid to a UK resident being chargeable to UK tax’.
