David Madeloff

Hello, I`m a UK citizen with long term residence in Austria (since 2009). I plan to retire next year. I know there is a double taxation agreement between UK & Austria. My question is will my state pension and my monthly (DB/DC) company pensions be taxed at source i.e UK. Thank you

Hi Gary, Thank you for the information. Regarding example 2: Receiving a UK company monthly pension free of U.K tax was my understanding. However, I just received feedback from one UK company pension provider -> They would tax my monthly pension at the basic UK tax rate, until the HRMC informed them otherwise. In other words it would be taxed in the U.K. So now I`m confused? If my monthly UK pension is taxed in the UK, how is the Austrian tax authority informed that I paid tax in the UK? Thank you David

Hello Gary, Thank you. Please can you clarify the two examples below: Example 1. I receive 25% of my UK company pension as a lump sum tax free. Nevertheless, I have to declare this in my Austrian tax return. Example 2. I receive a monthly UK company pension without UK tax. I have to declare the amount I received in my Austrian tax return and this is taxed in Austria Thank you David

Thank you Admin 34, I have UK company pensions that will provide me with a monthly pension and a lump sum on retirement. Therefore, as I am a resident of Austria the lump sum is only taxable in the UK and the monthly pension is only taxable in Austria. Is my understanding correct? Will I have to ask the UK company pension providers to pay me the monthly pension without tax? or is this done automaticaly as they are aware that I`m a resident of Austria? Thank you David Madeloff

Hello, You wrote Australian tax authorities. My question relates to Austria. Can you advise, please . Thank you

In 2025, I intend to retire in Austria. I will take the option of the tax free lump sum (25%) and take a monthly pension income. I assume I will be taxed at source on the monthly pension in the UK. How does Austria treat UK income from a lump sum and monthly pension? Thank you David Madeloff