Non-resident landlord pension

SonnyH

Hi,
I'm a British citizen living overseas (with no double taxation treaty). My property portfoilio has grown and the net income is now past the tax free allowance, hence I'm paying UK tax. I'm wondering if I can open a UK pension and pay into this to offset the tax liability, but I can only find info for UK residents. Does anyone have any experience/insight into this?
Thanks.

Grumpy_chap

BTL income is classed as unearned income.
Pension contributions are not permitted from unearned income.

Even without unearned income, it is possible to contribute £2,880 (£3.6k gross) into a SIPP.  This will not, however, reduce taxable income.  I am unsure whether this is an option if not UK resident.

poseidon1

SonnyH said:

Hi,
I'm a British citizen living overseas (with no double taxation treaty). My property portfoilio has grown and the net income is now past the tax free allowance, hence I'm paying UK tax. I'm wondering if I can open a UK pension and pay into this to offset the tax liability, but I can only find info for UK residents. Does anyone have any experience/insight into this?
Thanks.

Annual funding of a UK DC pension scheme is not open to non UK residents unless you are an overseas serving Crown Servant ( diplomat, armed forces etc) or a spouse of such a person.