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Old 08.01.2021, 21:08
spooks spooks is offline
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UBS pension Withdrawal Change - but what about tax?

Hi
SO I had a call with UBS today where I have around 84k CHF Pension.
I asked if I can now withdraw for any other reason than a house, and she confirmed that now I can withdraw all as Uk has left the EU and said it is much easier than for a house deposit.

She also said I would pay Swiss Tax around 4-5000 CHF. Im good with that

The question now, which seems to confuse everyone is what about UK Tax.
I asked a financial advisor who stated that based on the below I would be liable for Swiss tax only

Is that correct? Has anyone else done this?
Thanks for your help
The GOV.UK Website is misleading and says tax upto 55%!

I am under 55 and employed!

https://assets.publishing.service.go...s_in_force.pdf
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