james-jones
Registered User
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Hello, i have an old UK pension worth 24000 pounds. I have not lived or worked in the UK for the last 27 years, i moved to Ireland 27 years ago and have worked here ever since.
I am thinking about cashing in this old UK pension as one lump sum as i am almost 55. From what i understand, if i cash it in, the first 25% is tax free, but is the remaining 75% taxed by the UK revenue or the Irish revenue.
If it is taxed by the UK revenue, how much tax will i pay as i have not worked in the UK for the last 27 years.
Thanks for your help
James
I am thinking about cashing in this old UK pension as one lump sum as i am almost 55. From what i understand, if i cash it in, the first 25% is tax free, but is the remaining 75% taxed by the UK revenue or the Irish revenue.
If it is taxed by the UK revenue, how much tax will i pay as i have not worked in the UK for the last 27 years.
Thanks for your help
James