Hi all
It’s long way off until I retire but I’m curious about how Super works if I return to the UK and retire there.
If you have retired and are withdrawing your super in the standard way, i.e. weekly, bi-weekly etc, do you get taxed heavily on doing this because you are not in Australia anymore? This information is difficult to find, I have even contacted my super company and they do not know this! So if anyone on this site has retired in UK and is withdrawing Super, please can you be so kind to let me know the tax/issues around this.
I understand the issues surrounding withdrawing as a lump sum, all I want to know is the tax situation on withdrawing your super in UK the standard way (as you would a pension).
Hope that makes sense!
Thanks so much.