In most cases, you won’t need to pay UK income tax if you’re a resident for tax purposes overseas. But you may need to pay income tax on your pension in the country you’ve moved to. If you live in a country with a double taxation agreement (DTA) with the UK, you’ll pay tax in both countries unless you apply for UK tax relief. You can find a full list of all countries with a DTA by searching ‘double taxation agreements’ on gov.uk.
The effect on your pension
Considering working or retiring overseas? Or heading to the UK for a job? We can help you understand how this could impact your pension.
Let’s say you work for your UK employer overseas: you may be able to join USS or, if you’re already in the scheme, carry on building your pension with us. Or if you think you’ll only be working in the UK for a short period, you may still want to contribute to USS to build benefits towards your future savings goals.
And even if you’re thinking of retiring to the other side of the world, we’ll still be able to pay your pension to you.
Take a look at the Working or retiring overseas factsheet to find out everything you need to know about how this could affect your pension.