Hi all,
I am about to cash in my personal pension with AVIVA, and have a very important question that i need answering if possible-any help would be greatly appreciated!
When i cash in my personal pension, i will receive 25% tax free allowance from the uk, my question is do i need to declare this cash to the polish tax authorities?/
I have already been informed by HMRC that my pension pot is ONLY taxed in the uk, because thats the law as i started the pension in the uk and im assuming because they also contributed with payments throughout its term.
The 75% of this payment is taxed by hmrc, this i understand, just unsure about the free 25% allowance--if anybody knows this answer i would be very grateful as very hard to find this info anyway(hmrc taking a age to reply ?/)
kind regards
andrew
