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Old 08.11.2020, 22:34
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Re: Swiss Pension( Vested Benefits )

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Hi
Firstly I'm sorry I'm sure this has been covered

I left Switzerland in 2017 and currently have 84000 chf in vested benefits at UBS

They tell me I can only take out to buy a property at home here in UK

Thats fine also but I also here if I do so I will pay a hefty tax in UK?

I'd love to take it out as cash and wonder also if UK leave the EU Dec 31 if cash also becomes an option?

Sorry for the questions any guidance appreciated

By the way I'm 52 . Dont know if age has an affect
Depending on your employment status you might be able to take it all. It's down to the compulsory insurance requirement for a pension. If not working or self employed you can take all the cash. In most cases the withholding tax is all you need to pay.
UK/CH agreements are unlikely to change.
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