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uk pension in spainJust heard a couple

Posted: Fri Jan 31, 2020 7:30pm
24 replies1534 views9 members subscribed
stewart mac 1v

Posts: 12

3 helpful points

Location: Huércal-Overa

Joined: 27 Dec 2019

Just heard a couple on tv [ex uk] retired and living In spain ,saying they lose a percentage of their uk pension,,,??TRUE OR FALSE ??

John54

Posted: Fri Jan 31, 2020 8:57pm

Posts: 9

9 helpful points

Location: Mojacar

Joined: 23 Apr 2017

Posted: Fri Jan 31, 2020 8:57pm

It's because they had not paid in to the uk system for enough years you have to pay in for min 35 years to get a full pension 

stewart mac 1v

Posted: Fri Jan 31, 2020 11:07pm

stewart mac 1v

Original Poster

Posts: 12

3 helpful points

Location: Huércal-Overa

Joined: 27 Dec 2019

Posted: Fri Jan 31, 2020 11:07pm

OK John,so if fully contributed in uk,there would be no deduction in spain ??

John54

Posted: Fri Jan 31, 2020 11:33pm

Posts: 9

9 helpful points

Location: Mojacar

Joined: 23 Apr 2017

Posted: Fri Jan 31, 2020 11:33pm

That's correct I have just got my uk pension here in Spain no deductions 

stewart mac 1v

Posted: Fri Jan 31, 2020 11:38pm

stewart mac 1v

Original Poster

Posts: 12

3 helpful points

Location: Huércal-Overa

Joined: 27 Dec 2019

Posted: Fri Jan 31, 2020 11:38pm

Many thanks John,So glad to here this,thought this was going to be our first stumbling block....

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AndyIOW

Posted: Sat Feb 1, 2020 10:46am

AndyIOW

Helpful member

Posts: 194

134 helpful points

Location: Oria

Joined: 26 Apr 2018

Posted: Sat Feb 1, 2020 10:46am

First I've heard of such a thing, I'd say John is correct as people I know on pensions here get no reductions except a slightly lesser rate due to not enough contributions during working life.

juanida

Posted: Sat Feb 1, 2020 3:36pm

juanida

Very helpful member

Posts: 733

545 helpful points

Location: Sorbas

Joined: 25 Feb 2017

Posted: Sat Feb 1, 2020 3:36pm

They might have meant the extras like winter heating allowance.  Otherwise I can't imagine what it could be.

jtp890

Posted: Sun Feb 2, 2020 12:25pm

jtp890

Helpful member

Posts: 466

317 helpful points

Location: Huércal-Overa

Joined: 15 Aug 2017

Posted: Sun Feb 2, 2020 12:25pm

Could be after 31st December 2020, annual increases will not be paid. Same system as Australia now. Currently an EU agreement. 

Lyn77

Posted: Sun Feb 2, 2020 12:52pm

Lyn77

Helpful member

Posts: 607

367 helpful points

Location: Vera Playa

Joined: 25 Feb 2017

Posted: Sun Feb 2, 2020 12:52pm

You do however pay tax on your oap pension in Spain.  I don't know what the tax threshold is over here but I believe it's lower than in UK.  Don't get caught like we did if you become residents.  We had to pay 4 years back tax plus interest plus fines!  So get a good English speaking accountant.  

Alicia 11

Posted: Sun Feb 2, 2020 3:52pm

Alicia 11

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Posts: 2103

1781 helpful points

Location: Mojacar

Joined: 30 Sep 2019

Posted: Sun Feb 2, 2020 3:52pm

the couple on the tv had not worked and paid enough contributions in the UK for the full state pension.  And it's correct you have to pay tax on your income here in Spain including your state pension.  However, if you had been taxed in the UK on it when you should have paid the tax in Spain you can claim back the tax from the UK.

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