How is cashed out super taxed on moving to UK

 Author: JayATO(Community Support)Community Support

21 Apr 2026

Hi @mysuperquestion,

Once you withdraw your superannuation at age 60 as an Australian resident for tax purposes, those funds become your personal savings and are no longer considered superannuation.

If you are aged 60 or over and withdraw from a taxed super fund, the payment is tax‑free in Australia. After withdrawal, any amounts deposited into your Australian bank account are treated as ordinary savings.

When you move to the UK and become a UK tax resident, Australian tax law no longer applies to those funds. We can only provide information about Australian tax treatment, not how HMRC will treat the transfer of your savings or whether the UK will tax the capital amount transferred to a UK account. The taxation of the transferred funds, and any interest or income earned after you become a UK tax resident, is determined under UK tax law.

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