The Ultimate Pension Freedom: Retire in Portugal and Reduce you tax.

(The Telegraph) New freedoms mean you can move your pension abroad. We show you where you’ll pay the least tax…….

Britain has double tax treaties with most countries around the world that prevent you from having to pay tax in both of the jurisdictions. These treating stipulate that your personal pension, which includes employer schemes and personal accounts such as Sipps (self-invested personal pensions), and your state pension are only taxable in the country in which you live.

So if you retire in Spain for example, you will only pay tax in that country.

By Nicole Blackmore 3:05PM BST 07 April 2015

Read more: http://www.telegraph.co.uk/finance/personalfinance/special-reports/11519095/The-ultimate-pension-freedom-Retire-in-Portugal-and-reduce-your-tax.html

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