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UK private pension concerns


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Posted

Good morning.
Can anyone please offer some advice please?
I would like to start a junior sipp for my children and top my existing private pension currently has 93k.
We are presently living in the Uk but intend to move to Thailand in the next 10 years and I was wondering if I pay into these pensions whilst in the UK when it comes to drawing on them living overseas as an Expat would they be subject to tax or are there any other issues I should be aware of please?

Thank you so much

 

Posted

All income earned in the UK is subject to tax taking your personal allowance into account. Not sure about children's sipp, I think these are tax free but you can google them and check. 

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