Confusion on ARF tax

[ElstreeFilms]

I have an ARF in Ireland and have taken both permitted tax free cash from it - plus other large sums which are paid to me by my fund manager after Irish tax. The ARF still has a substantial amount left in it and apart from the 4% compulsory withdrawals, I intend to leave it alone.

I have lived in the UK for the last few years and am a UK tax resident and wondered if and how I need to declare these payments to HMRC.

Can this income be taxed in the UK where I have tax credits?

Or does it have to be taxed in Ireland as it has been?

I now know that the Revenue Commission has a form - Refund of Taxes paid on ARF Distributions
Claim form to be completed by non resident claimant

Would I pay less tax by paying it in the UK?
And claiming back the Irish tax?

Or could I end up paying tax twice?

Any advice welcome.

 

[Brendan Burgess]

While you may get pointers on Askaboutmoney, for specialist issues involving two tax jurisdictions, it is better to pay for an expert who specialises in the area.

Brendan

 

[ElstreeFilms]

Thanks, Brendan. I understand. I have been told now that I need to pay U.K. tax on these payments and claim back the Irish tax already paid.