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Old 12th Sep 2016, 06:11
  #498 (permalink)  
777boyo
 
Join Date: Feb 2008
Location: S E Asia
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JNPS,

I'd elected to remain in the Provident Scheme at that stage as a Deferred Member, so there was no transfer of my entire holdings. The only money transferred to me along with the usual with-held amount was the final two months contributions. Because of the delay, I took the funds in USD, and it was not transferred to my home country, UK.

Just as an aside, one of my buddies who left at the same time was warned by his accountant to ensure that his Provident Scheme funds arrived back in UK prior to his physical arrival in the country in order to avoid any possible tax liability on the money. Obviously I don't know whether other countries rules are different.

7B

Last edited by 777boyo; 12th Sep 2016 at 06:21. Reason: Addition
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