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The UK has entered into double taxation agreements with well over 100 countries and HMRC has just published an updated version of the Digest of Double Taxation Treaties outlining the main provisions in each of these treaties. In particular it includes details of the latest treaties with British Virgin Islands, Cayman Islands and Hong Kong which come into effect from 6 April 2011. This will be on interest to British Citizens resident in any of those countries for tax purposes in respect of the tax treatment of UK sourced pension income including a possible entitlement to a tax free personal allowance against such income subject to UK tax. The treaties do not, however, include tax relieving provisions for UK dividends or interest.
