I should probably ask a tax advisor but somebody on here might have the answer and if not, it might throw up some questions to put to the tax advisor.
I'm non-resident in the UK and receive a full UK state Pension. I've also got a personal pension plan with an annual flexible drawdown in place. I've limited the drawdown to an amount that will keep my total UK income just below the personal allowance.
The drawdown is paid with tax taken off (emergency code) which I reclaim via my tax return. I pay tax on all my UK incomes in Switzerland (place of residency).
Question:
1) Can I get the drawdown paid gross?
2) Can I increase the drawdown (which would take me above the personal allowance) and claim the tax back?
I'm non-resident in the UK and receive a full UK state Pension. I've also got a personal pension plan with an annual flexible drawdown in place. I've limited the drawdown to an amount that will keep my total UK income just below the personal allowance.
The drawdown is paid with tax taken off (emergency code) which I reclaim via my tax return. I pay tax on all my UK incomes in Switzerland (place of residency).
Question:
1) Can I get the drawdown paid gross?
2) Can I increase the drawdown (which would take me above the personal allowance) and claim the tax back?