Expat Brits fear pensions loss
Posted: Sun Mar 03, 2024 8:10 am
As of 2025, some British retirees living in Cyprus and getting a UK state pension are set to see the amount they receive fall as it will no longer be taxed on the island, but in the UK.
The tax rates on pensions imposed in Cyprus are more generous than those in the UK, and could impact people’s choice of where to live. Those set to change are pensions paid to UK government workers.
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The tax rates on pensions imposed in Cyprus are more generous than those in the UK, and could impact people’s choice of where to live. Those set to change are pensions paid to UK government workers.
READ MORE