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HMRC internal manual

Residence, Domicile and Remittance Basis Manual

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Remittance Basis: Remittance Basis up to 6 April 2008: Employment Income: Foreign Pensions

ITEPA03/s575 provides that the taxable amount of a foreign pension is 90% of the actual amount arising in the tax year. This treatment is not available to Remittance Basis taxpayers.

Where a taxpayer made a claim to be taxed on the remittance basis then under ITTOIA05/s832 the chargeable amount of their foreign pension is the amount remitted.

Refer to the Employment income Manual for more information on the treatment of foreign pensions.

You may need to take into account the terms of a Double Taxation Agreement (DTA) when considering if a foreign pension is chargeable to UK tax. Refer to the International Manual INTM160000+ for information about double taxation relief. Also refer to the Double Taxation Relief Manual for information about the terms of each DTA.