Hi there,
I was wondering if one of you financial people can advice me with my dilemma. I will reach my preservation age later on this year and I have read on this site that the British tax system would take 37 percent if I left my superannuation in Australia and then tried to collect it after I transfer my residence to the UK because the British taxation would class it as earnings as appose to savings. Firstly Is this correct? And secondly can I cash in all of my superannuation if I retire from my job and if I have reached my preservation age with Vicsuper. someone told me that I may not be able to take it all out in one lump sum.