RetireJapan

Thank you TokyoDon for the document. "Private" and "public" is neither here nor there then for pension tax it seems. I am weighing up adding money to my private pension to get the government 20% refund for up to the last three years. Since Japan tax rules will apply (and so UK r...

On the whole HMRC's self-assessment tax return for rental income for Brits residing abroad if you have a Gateway account is a pretty pain free process. Although now you can't fully complete the tax return until they have all your bank details and the tax due is being electronically transferred to HM...

Many good recommendations, anyone knows banks which do not penalize for extra repayments? In general which ones are good/best (noted and AU and Paypay)? I am planning to put 20% cash, the rest to finance. SMBC have no penalties if you repay early by internet banking. However, if you pay at the phys...

No, but I would like to! I clearly don't qualify to pay Class 2 under the posted rules, as I never worked in the UK but came here straight from uni... Me, too. As in straight from Uni. I got 16–18-year-old period covered because I was in full time education. However, even though I worked a part tim...

I have been contributing to the UK state pension from Japan for about twenty years now with class 3 contributions with annual payments by cheque to HMRC. It is a great deal even at just over 900 pounds a year. However, every other Brit I meet in Japan who is paying voluntary NICs has been able to pa...

It was an old City grandee who said the currency of country is like its share price for that country. If lots of money is being made~economy doing well in the country, then value of the currency will go up. The Japanese economy really hasn't grown over the last thirty years.

Hi there, My stockbrokers told me a couple of years ago that non-residing Britons couldn't hold unit trusts in the UK any longer, which was rather annoying to say the least. I have no experience with declaring dividend income on a UK tax return, but I have done a UK tax return for rental income for...

Hi there, My stockbrokers told me a couple of years ago that non-residing Britons couldn't hold unit trusts in the UK any longer, which was rather annoying to say the least. I have no experience with declaring dividend income on a UK tax return, but I have done a UK tax return for rental income for ...

Don't sell it, the Japanese tax office will really go after you especially if you have been reporting it in your yearly tax return with depreciation. Although you probably will be able to subtract the capital gains tax you paid in the UK from anything owed in capital gains in Japan.

The thing I’m really struggling with is making the payments. I got a letter telling how much I owe for each year that I have missed and I that I can make payments for those years from the site they list. Turns out I can’t do that because I don’t live in England. Apparently expats have to add up the...