How Much is a UK Pension worth in Australia?
Most UK Aged pension recipients in Australia will get their UK pension paid direct into their Australian bank account, in Australian dollars.
This page shows the GBP-AUD Exchange Rates History since… Read the rest
Income Tax on a UK Age Pension received in Australia
When you retire in Australia, and also receive a UK pension, this pension will be included in your taxable income, and taxed at normal rates, based on the tax band… Read the rest
Will a UK Pension affect my Australian Centrelink payment?
The short answer is maybe.
Foreign pensions received by a person paid an autonomous age pension, are normally assessed under the ordinary income test – i.e. they reduce pension by 50… Read the rest
Can you get an extra 60% British Aged Pension for your Wife
In the Australian News today. 28th July 2017, is an article saying: “there’s a little-known opportunity to get a 60 per cent part pension for your spouse too… Read the rest
HMRC Introduces 25% Tax Charge On Some QROPS Transfers
Written by Anthony Blythe of Transfer My UK Pension
The Chancellor of the Exchequer used his Spring Budget to announce that, with effect from 9th March 2017, pension transfers by UK… Read the rest
Getting Your British Pension in Australia
When you migrate to Australia from the United Kingdom, you may have some pension funds in the UK, and consideration must be given to what to do with them at some stage.
You may… Read the rest
Anyone who is out of Britain for more than a month will lose their pension credit.
Anyone who leaves Britain for more than a month will lose their pension credit, in a blow for retirees who spent time overseas
The… Read the rest