tax

[miss g 1]

Hi!

I was wondering if anyone knows or has claimed their tax back when they have left?

[TayRivers 4]

Hi!

I was wondering if anyone knows or has claimed their tax back when they have left?

Complete form P85 and you will get any tax back that you have over paid. You can get the form on the Inland Revenue website. Takes about 4 weeks if you file from the US.

[English Muffin 59]

Yep, got quite a bit back as well.

[miss g 1]

thats something to look forward to!!!

[Stinky Monkey 1]

I have just done my P85 and waiting for my P45 so I can send it off, I doubt I will get anything back as I left work a week into the new tax year

The other thing that they told me to do was to call the Inland Revenue with my new address a couple of days before I go 01512102222 which is for International

Another thing to think about is your state pension depending on your age, I applied for a pension forcast and coz I am an old bird I had paid 29 years and to get a full pension I would have to pay for another year which was £650 ish which would mean that I would get an extra £2 a week so I am not going to bother. I was told that the UK will transfer your pension to a 401K but they check it out first

The paperwork never ends

[miss g 1]

I have just done my P85 and waiting for my P45 so I can send it off, I doubt I will get anything back as I left work a week into the new tax year

The other thing that they told me to do was to call the Inland Revenue with my new address a couple of days before I go 01512102222 which is for International

Another thing to think about is your state pension depending on your age, I applied for a pension forcast and coz I am an old bird I had paid 29 years and to get a full pension I would have to pay for another year which was £650 ish which would mean that I would get an extra £2 a week so I am not going to bother. I was told that the UK will transfer your pension to a 401K but they check it out first

The paperwork never ends

let me know about the 401 k

[TayRivers 4]

I have just done my P85 and waiting for my P45 so I can send it off, I doubt I will get anything back as I left work a week into the new tax year

The other thing that they told me to do was to call the Inland Revenue with my new address a couple of days before I go 01512102222 which is for International

Another thing to think about is your state pension depending on your age, I applied for a pension forcast and coz I am an old bird I had paid 29 years and to get a full pension I would have to pay for another year which was £650 ish which would mean that I would get an extra £2 a week so I am not going to bother. I was told that the UK will transfer your pension to a 401K but they check it out first

The paperwork never ends

My wife used to work for the Pensions service in the UK, Your State retirement pension is fully payable in the USA and it can be paid into any bank account you want once you reach retirement age. It can not be paid as a lump sum into a 401k as the state pension is never paid in a lump sum. You could have your 4 weekly pension paid into a 401k account.

As for employer pension schemes they can not be paid into a 401k here in the US because of the diffrent way 401k's are taxed in the US. Most pension companies in the UK will pay pensions and lump sum payments into a US bank account.

Anyone who is over 40 years old and has work all their adult life may want to look into paying voluntary class 3 contributions into their state pension as this will give them a full pension once they retire.

You can request a Pensions Forecast from the Pensions Service.

[Stinky Monkey 1]

That is strange as when I contacted my personal pension provider they did tell me that they would be able to get it trf to a pension in the States as there is a resipricle (sorry my spelling is not great) agreement, they just have to send them a questionaire to check that they are reputable.

But to be honest I may have got it wrong as I kinda switch off when they are going through the details

I have already got my pension forcast that is why I know that I have paid 29 years and not the 30 which entitles me to full pension