Tax on UK Military Pension, Government Pension
Posted: Tue May 08, 2018 7:19 am
Calling Military Veterans in receipt of a UK Military Pension or personnel in receipt of a UK Government Pension.
This is a 2 part question:
After completing 22 years service I left the army at 40 having and immediately got my pension, i'm now aged 54 and in several months will receive the increases attached to my pension.
I've only been living in Spain for 9 months and have only paid non resident tax,
Q1. My pension is currently my only form of income, I get £9000 per year which is under the UK Tax allowance of £11,850, it is paid monthly into a UK bank account.
Will I have to pay Spanish tax on any of the £9000?
Q2. On my 55th birthday my pension will rise to above the £11,850 UK Tax allowance therefore I will be taxed in the UK on everything above that.
Will I have to pay Spanish tax on first £11,850?
Many thanks in advance,
Ian
This is a 2 part question:
After completing 22 years service I left the army at 40 having and immediately got my pension, i'm now aged 54 and in several months will receive the increases attached to my pension.
I've only been living in Spain for 9 months and have only paid non resident tax,
Q1. My pension is currently my only form of income, I get £9000 per year which is under the UK Tax allowance of £11,850, it is paid monthly into a UK bank account.
Will I have to pay Spanish tax on any of the £9000?
Q2. On my 55th birthday my pension will rise to above the £11,850 UK Tax allowance therefore I will be taxed in the UK on everything above that.
Will I have to pay Spanish tax on first £11,850?
Many thanks in advance,
Ian