cautious colin wrote: ↑Thu May 17, 2018 2:43 pm

bolueeleh wrote: ↑Thu May 17, 2018 11:15 am

Jonathanmax wrote: ↑Wed May 16, 2018 7:01 pm hi. If I stay in Cambodia for 12 months of the year, do I have to pay Cambodian tax on my UK sourced pension income?

no, a very big no, income was not generated in cambodia, u dont hv to pay a single cent, dont let anybody tell u other wise

cambodian resident (stay over 6 months) gets taxed on worldwide income.

I know this doesn't happen in practice but that is the law.

A Cambodian resident taxpayer's worldwide salary will be subject to Cambodian Tax on Salary. For nonresidents, only the Cambodian sourced salary will be subject to Tax on Salary. The place of salary payment is not relevant in determining source.


Residency: A Cambodian resident taxpayer includes any physical person who:

- has residence in Cambodia, or
- has a principal place of abode in Cambodia, or
- is physically present in Cambodia for more than 182 days in any 12 month period ending in the current tax year.

Source: https://www.taxesforexpats.com/cambodia ... bodia.html

tax on salary,

1 - u are not drawing ur salary, its ur pension, legally u r on pension not on salaried employment
2 - u r not working in cambodia, u r on retirement visa correct?
3 - u r not cambodian

i shld have salary taxation prakas in my office but anyway

Jonathanmax wrote: ↑Wed May 16, 2018 7:01 pm hi. If I stay in Cambodia for 12 months of the year, do I have to pay Cambodian tax on my UK sourced pension income?

I think one of the replys were for US citizens.

Try this one! Little light reading here on the subject of living overseas if you are from the UK. Hope it's helpful.

Gov.UK living-abroad.

https://www.gov.uk/browse/abroad/living-abroad

Tax treaties

https://www.gov.uk/government/collectio ... ies-a-to-c

Expat tax affairs can be complicated. We've created this comprehensive guide to help you understand your tax requirements as a British expat.
A common mistake of British expats when they first consider moving abroad is that when they move they are instantly exempt from UK tax.
Should a non-resident reside in a country with which the UK has concluded a double tax treaty, the treaty normally restricts the UK's taxing rights to certain income i.e. income from property will always remains taxable in the UK and government pensions remain taxable here.
The UK does have an extensive network of double taxation agreements and providing they are considered carefully they should reduce the risk of a taxpayer being doubly taxed.
What if I am resident in more than one country?
It is possible to be resident in the UK and another country at the same time, which amounts to “dual residence”.
In many cases there will be a double taxation treaty between the two countries of residence which should ensure that you generally don't pay full tax twice on the same income or capital gains.
If you are dual resident it is important that you seek specialist advice in order to ensure you are not taxed unfavorably.
Where the UK does not have a treaty with another country, “unilateral relief” typically applies to grant a credit in the UK for foreign taxes paid.

https://www.expertsforexpats.com/expat- ... ax-advice/

Frozen State Pensions
While all British Pensioners are entitled to receive their State Pension, regardless of where they live, the British Government "freezes" the state pension for pensioners who live in certain overseas countries. This means that depending on where you live, payments may be fixed at the the level of your first pension payment.
Not all countries are included in this "frozen" list. What may come as a suprise is that most Commonwealth countries are included in the frozen list (including Canada, Australia and New Zealand).
Typically if you live in the EEC, including Switzerland, your pension will match the level of pension payment with the UK.

https://www.expertsforexpats.com/expat- ... sh-expats/

dont volunteer any information with cambodian government (one department doesnt know what the the other department is doing, heck, the guy in the same office dont even know what the other guy in the same office is doing) , the penalty is (almost {the tea money to get out of the penalty is even cheaper than the penalty} ) always cheaper than the actual cost, thats what i learned after several businesses and several blood vomiting years in KoW, enjoy ur pension, stay safe, biggest threat to ur money r the walking blood suckers with 2 tits (or less) roaming around

^cautious colin Quoted. I have just read the LoT and the Prakas and it doesn't specifically state pension.
It could be that you would not get the state pension if you lived here. Or would you think they are behind sorting things out in the country, like bolueeleh was explaining.
The link posted regarding, I would say financial advisers is just a little worrying to me. It sounds an expensive move, but if you would have that kind of pensions they are referring too ok.

What is an international pension transfer?
Since April 2006, British expats can move their pensions abroad with HMRC’s approval. The receiving scheme has to be a qualifying recognised overseas pension scheme (QROPS).
This means it has to be regulated as a pension scheme in the country in which it is established, and recognised for tax purposes in that country.
Theoretically a QROPS can comply with these requirements and be tax efficient. If the QROPS is in a country that taxes pensions at a minimal or even a zero rate, a pension transfer can potentially have tax benefits.
A transfer can benefit some people, but:
commission payments come from your pension;
if you or your adviser get a transfer wrong, you will be charged a 55% tax penalty by HMRC.

Any up-date on the Tax subject?