When you take money from your pension fund, you will pay tax on any income above your tax-free Personal Allowance.
The amount of tax you pay depends on the country of residence, your total income and your tax rate.
25% of what you take is tax free in the UK.
The remaining 75% will be taxed using an emergency tax code (this could be has much as 40%). All tax payments are deducted by the HMRC before you receive the pension.
The UK has double taxation agreements with many countries – Options will arrange for any incorrect amount of tax deducted to be refunded to you.
If you leave your pot untouched, you don’t pay Income Tax on it.