Ask Experts Questions for FREE Help !
Ask
    hugh dawson's Avatar
    hugh dawson Posts: 1, Reputation: 1
    New Member
     
    #1

    Jun 11, 2007, 10:12 AM
    401K UK taxation
    I am British, worked in the US 1982-1993 during which time I opened a company pension 401K scheme; I returned to UK end 1993, left my US employer, and have lived here permanently since then: my question, how is the 401K - which I kept - taxed in the UK, and in particular, should I pay tax on the interest which is being paid within the scheme, which I have never withdrawn. Thank you. Hugh
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Jun 13, 2007, 11:13 AM
    Hugh:

    Sorry, I have no expertise on U.K. taxation, so I cannot provide an answer.

    Maybe Texas Tax Expert knows?

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Double taxation [ 1 Answers ]

How does double taxation of corporate occure

Double Taxation? [ 1 Answers ]

My sister was fired from her job and needed money to pay bills. She took a disbursement of her retirement. Upon disbursement they took out almost 20% in taxes before she received anything. Now when we are doing her taxes the tax software is trying to take another 10 to 15% in tax penalties. Isn't...

Taxation while on L-1 Visa [ 1 Answers ]

Hi I am from India and came to US on L-1 Visa (to WA State) in first week of Sept 2006 with Spouse and one kid as dependents. My spouse is not working and I am getting salary in india from the indian entity of my US employer, the indian salary is being taxed (deduction at source) there...

Double Taxation [ 1 Answers ]

How does double taxation of corporate income occur.

Taxation [ 1 Answers ]

Does higher taxation mean better standard of living? Justification is required.


View more questions Search