Australia Pensions

Published / Last Updated on 06/03/2014

Expat pension advice and key facts affecting British expat pension advice needs for Australia:

  • Where do you live, are you resident in the UK or resident in Australia?
  • Are you still ‘ordinarily’ resident in the UK? Just because you are resident in Australia does not mean you cannot pay into a UK pension scheme
  • Pension laws in Australia differ as do UK tax treaties and the treatment of a UK pension in Australia
  • Your pension needs: retiring and income now or working still and need fund growth now or both, low risk, high risk?
  • If you become resident in Australia, you have six months to transfer a UK pension to Australia with no tax penalty in Australia
  • If the pension transfer to Australia is after six months of becoming resident, a tax charge will be levied in Australia
  • If you keep your UK pension when resident in Australia, you may have to pay additional tax each year on any pension fund growth under FIF Foreign Investment Fund rules

Expert, Expat Pension Advice and Planning for Australia:

We are international financial planning experts experienced in cross border pension planning between the UK and Australia for the expat community.

People contact us in connection with UK:Australia pensions and retirement plans everyday.  We can help you with:

  • Expat pension advice before you leave the UK for Australia including severing tax ties
  • Expat pension advice before you leave Australia for the UK including preparing tax registration
  • Expat pension advice if you have already left the UK or Australia and arrived at the other end
  • UK State Pension and National Insurance Contribution issues.  Did you know if you live some countries your UK state pension will be frozen and never increase when in payment?
  • UK Pensions and whether you should have them.  Did you know there is a tax charge if you leave your UK pension in the UK and live in Australia?
  • Australia Pensions and whether you should have them
  • General expat pension advice and help for your UK and Australia interests.

Get expert, expat pension advice now:

Get Expat Pension Advice now for Australia

Do not forget our UK Time Zone may be different to your own.

 

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