State pension: Frozen pensioners sent back tax – but 500,000 see sum impacted | Personal Finance | Finance

0

John Duffy, chairman of the British Caribbean Pensioners Association, lived and worked in the UK for decades.

The retired businessman who is now a chair of the ICBP, also said he had no knowledge of the frozen pension issue prior to moving overseas.

He only became aware of the issue when he was perplexed as to why his sum had not risen after a few years.

Mr Duffy said: “They don’t tell you you’re going to a frozen country. The website has listed unfrozen countries, not frozen ones.

“I moved to Antigua and became non-domiciled, I’d had 38 years of contributions but at the time I needed 40.

“I decided to continue paying National Insurance, but I needed to cancel my direct debit and start a new one.

FOLLOW US ON GOOGLE NEWS

 

Read original article here

Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment