INCOME TAX – pension contributions paid by an individual of dual Swiss/British nationality, being a UK resident, into a Swiss national pension scheme out of UK taxed income – whether the contributions are eligible for UK tax relief – if so, in what year(s) – whether, alternatively, the Swiss pension received is not liable to UK tax in the hands of the UK resident recipient – held the contributions not eligible for UK tax relief and the pension is liable to UK tax – but held (provisionally, with leave to HMRC to make submissions to the contrary) that this liability is only as to 90% of its actual amount, in accordance with s.575(2) ITEPA – appeal allowed in part
Citations:
[2012] UKFTT 480 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 13 November 2022; Ref: scu.466036