hTTi

Thank you Gary and Andy! Went back to all the paper work and it was entirely my error - there is indeed no mandatory financial advice required for drawing the private pension. Classic case of misreading the small print. I apologise for the mistake on my part - also to anybody who I might have spooke...

Hi everyone, I hope this is the right category for this: UK citizen, resident in Germany. Private pension pot in the UK and pension age approached. Due to the size of the pension pot it is mandatory to obtain financial advice before being able to draw the pension. We have been trying to find financi...

Thanks Panda Munich, for the very detailed explanation! I had already started building yet another xls model in my mind. Glad I can offload that now.

Happy New Year everyone! I came across this thread by chance and have a further question, if I may. I understand everything that was said about taxation of currency gains on interest bearing accounts, time lines etc. My question relates to current accounts (interest bearing or not). There is this &q...

Unfortunately, the amount will be taxed in full if you are tax resident in Germany. "Effectively taxed" in the UK means the payment has been "subject to" UK tax, i.e. it is taxable in the UK, even if no tax is ultimately payable because of some relief or allowance like the perso...

Hello All, UK citizen, resident in Germany, recipient of a UK private pension. The pension will be taxed in the UK based on the DTT rule that tax exempt pension contributions were made for more than 15 years. The annuity will however be included in the German tax declaration for the Progressionsvorb...