Hello,
I wonder if anyone can assist.
I have received a letter at my UK permananent address advising that my old pension scheme is winding up. I am eligible to a WULS payment. 25% of the balance is tax free, and the remaining 75% will be taxable.
My question is, what tax rate will I have to pay as I nolonger live in the UK.
Also, is the tax taken at source or am I responsible?
Thank you i advance.
MrP |