Taxation and Individual or Occupational Pensions

If you're a member of an occupational, personal or stakeholder pension scheme, then any income you receive will already have had the tax already taken off via the Pay As You Earn (PAYE) System by your pension provider. At the end of each year, you'll receive a P60 that contains details of the amount of pension received (this will also include details of your State Pension), along with the amount of tax taken.

If you retire abroad, you will still probably have to pay UK tax on all your pensions, unless the country you are living in has a 'double taxation agreement' that covers pensions. In this case, you would be required to pay tax in that county instead.