Aimed at the financially acute among us?

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June
Posts: 298
Joined: Wed Dec 28, 2016 11:09 pm
Location: Cumbria

Aimed at the financially acute among us?

Post by June »

Given what Dominic posted as an info/locked post (viewtopic.php?f=3&t=6096) does it therefore seem that if you have a central government pension plus a local government and state retirement pension you will still be taxed in the UK on all of these and not be able to take advantage of the lower rates over in Cyprus?
Or am I missing something?

Thank you
June
Posts: 298
Joined: Wed Dec 28, 2016 11:09 pm
Location: Cumbria

Re: Aimed at the financially acute among us?

Post by June »

Thank you Hudswell.
May I just clarify please?
My Civil Service Pension would be subject to UK taxation as would my Local Government one.
But not my State Retirement one...which could be taxed in Cyprus?

Many thanks.
ApusApus
Posts: 2133
Joined: Thu Dec 29, 2016 11:54 am
Location: Kato Paphos

Re: Aimed at the financially acute among us?

Post by ApusApus »

Hudswell is right, with a double taxation agreement you only pay tax on your income once! How the mechanics work out in the future is another question and I guess some of us will find out sooner than others?


Shane
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