Tax liability on pensions/property abroad ?

[iadvice]

Hello,

I am an Irish national just returned from abroad and wondered if anyone could help and/or identify someone/firm that would be able to help with tax queries resulting from the move back home.

In particular, I'm looking for advice on liabilities that could be incurred in the following :

- transferring pension savings to Irl
- rental income from property owned abroad
- potential capital gains tax to be paid on sale of property abroad

I'm assuming the above will require knowledge of the two tax jurisdictions, hence I don't know how best to go about obtaining this advice (maybe with a big established tax firm ?).

Thanks in advance for any feedback !

 

[ARCH]

When you refer to abroad which country? I.e if it was UK much easier to find someone with expertise in both countries.

 

[iadvice]

Hi Arch,

tks for the reply.

yes, it would be a lot easier if it was the UK.

however I've moved from Belgium where :

- withdrawl of pensions before term amounts to a 40% tax liability (of the total sum) unless you clear tax liability in your new country. Hence I'd like to find out what the tax liablity would be in Ireland withdrawing pension pre-term ( presumably it'd be lower than 40% )
- re/ rental income: rental income in Belgium is tax free ! therefore I'd have no liability there (even if I was still resident there), but I'd imagine once I'm resident here, income would be taxable here
- not sure of the capital gains tax situtation there but given i've since moved back, presumably I'd be liable here and not there...

I've looked at past threads and have been able to garner a bit of info, but realise my requests may be a bit specific hence info on the threads have had limited use so far ...

I appreciate I may need specialist advice. If that was the case, then even pointing me in the direction as to where to ask these questions would be equally helpful.