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Old 17.12.2020, 14:25
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Getting money out of a Swiss Company Pension

Hi, I am currently working in Switzerland and contributing into a company pension. I am, however, scheduled to leave the country for the UK next year. For tax reasons, I'd like to make a fairly large additional contribution to the pension while I'm here, which would be from personal savings (i.e. money that's already had tax paid on it). Now, I understand that once I leave the country, I can't access what's in the company pension for 3 years or so, but does anyone know what would be the tax position back in the UK of this reinvested sum? Would it be liable for tax, even if I'd already paid tax on it? Thanks in advance...
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Old 17.12.2020, 15:10
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Re: Getting money out of a Swiss Company Pension

You see it wrongly. You invest money which you earned during the tax year and thus it has not been taxed and will not be taxed. However, it will be taxed once you cash in the pension funds.
Investing more money than you earned is stupid.
Investing so much money that the reminder of your income will not cover your living costs means you have to finance your living cost from your personal savings.
 




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