72 Foreign pensions of UK residents
Finance Act 2011 (2011 c 11) | Legislation

72  Foreign pensions of UK residents

(1)     In Part 2 of TIOPA 2010 (double taxation relief), in Chapter 3 (miscellaneous provisions), after section 130 insert—

“130A Interpreting provision about UK taxation of pensions etc

(1)     Subsection (3) applies if double taxation arrangements make the provision, however expressed, mentioned in subsection (2).

(2)     The provision is that pensions and other similar remuneration which—

(a)     arise outside the United Kingdom, and

(b)     are paid to persons who are resident in the United Kingdom,

are not to be subject to United Kingdom tax.

(3)     That provision does not prevent a pension or other similar remuneration of a person resident in the United Kingdom being chargeable to income tax if—

(a)     the pension or other similar remuneration is paid out of sums or assets that were the

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