Add Foreign Pensions
The Pensions tab should be displayed.
- Click in Payer to select or create a pension provider.
- Select the name of the country where the income arose from the Country pull-down.
- Indicate whether the benefit Is unremittable. Selecting this option disables fields relating to UK currency, as you are required to enter unremittable income in it's foreign currency.
Note: You cannot select UK tax, 10% deduction, or Amount of deduction if you select the Is unremittable check box.
- (Optional) Select Is by deduction if applicable.
- Enter the amounts of taxable benefits before deducting any UK or Foreign tax in Amounts before tax.
- In Foreign Tax, enter the total amount of tax deducted by the foreign country.
- If the UK has deducted tax, then enter this amount in UK tax.
- Select the 10% Deduction check box if the benefit qualifies for the deduction. The deduction appears in Amount of deduction.
- You can adjust the amounts of any deductions that appear in Amount of deduction.
- Enter the date that the benefit started in Date commenced.
- (Optional) If the benefit has ended, then enter this date in Date ceased.
- Click Save and Close.