Can I include a British pension when calculating split-pension amount?

@West_123 It depends. If it is tax-free in Canada because of a tax treaty, then you can’t use it for pension splitting. But if you pay taxes on it in Canada, then you can use it.

Hi,

How would I claim pension splitting on U Pension  in TurboT ?

I put this in Foreign income as a foreign pension but do not see how to include it in the splitting calc.

Peter

Is a UK Pension Commencement Lump Sum (PCLS) payment taxable in Canada if received by a Canadian resident who has never been a UK resident for income tax purposes?

Thanks,

Chuck

Yes, your UK Pension, or other foreign pension, can be used for pension splitting, if you otherwise qualify.

Only OAS, GIS and CPP payments are always ineligible for pension splitting.

Not quite the case, you pay tax on OAS and CPP but neither are eligible for pension splitting.

As stated, by treaty, UK pensions are taxable when received in Canada.

Yes,

In fact your foreign pension MUST be included. In the amount considered for pension splitting.

CPP, OAS and GIS cannot be included.

By treaty with the UK, recurring pensions are not taxed where they arise, and are always taxable in. Canada by CRA.