I got a fair bit of help here when I decided to take my entire UK personal pension as a lump sum. So I thought I’d report how things worked. It took a long time, but it’s all done now (bar actually paying the French tax).
- I got my pension in April last year, minus £62,000 in UK tax.
- I got the UK tax paid back to me in November.
- I just got my French tax bill which comes in at about £15k on the pension.
I’m now looking at investing in rental property to give myself a reasonable income. A little money goes a long way in some French cities.
So the system does work quite nicely. No questions asked by the French tax authorities whatsoever, even though I am continuing to work.