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Introduction

Most people working in the UK contribute to a registered pension scheme, and this tends to be a UK-based scheme. However certain people, including those working in the UK on secondment, may be contributing to pension schemes that were established outside the UK.

Similarly, those who decide to emigrate from the UK may continue to be members of registered pension schemes or they may wish to transfer their rights under these schemes to a non-UK pension scheme.

This guidance note provides an overview on the matters to consider in these situations.

Note that, in relation to the application of the UK tax treatment to non-UK schemes, it is necessary to look at the definitions in the legislation very carefully. There are a lot of different terms for non-UK schemes in the legislation, some with very similar names, but each have different conditions and potentially different tax treatment and so it is easy to get confused. These terms are discussed in detail in Simon’s Taxes E7.201DA.

Living overseas and retaining membership of or joining