Hi
I qualify for UK state pension next month and am struggling to work out what to do for the best.
It is not an enormous amount and I plan to carry on working part time in NZ (about £115.00).
As I understand things I can opt to have this remitted direct to NZ government and collect NZ superannuation which has the benefit of no hassle. On the other hand I believe that if I have it paid into a UK account it won't attract tax for 4 years but I am not sure if I can still follow the first option after those 4 years. To add to my confusion and struggle to find the best option is the fact that if I take the pension direct from UK then it is frozen at the point I draw it (I think)so would tax saved be more or less than annual increments I might otherwise receive??
HELP!!