How are pensions taxed under the United Kingdom-Mexico tax treaty?
Under the United Kingdom-Mexico tax treaty, private pensions are generally taxable only in the country of residence — meaning no withholding tax applies at source (0%). This is favorable for retirees who have moved between the two countries, as their pension income will not be subject to double taxation. Government pensions may have different rules under a separate treaty article. This 0% rate compares to a median of 0% across United Kingdom's 54 active treaty partners, and 0% across Mexico's 24 active partners.
Network Comparison
United Kingdom
Rank 35 of 54 active treaties (lowest rate = #1)
Lower rates with: Lithuania (0%), Luxembourg (0%), Latvia (0%)
Higher rates with: Malaysia (0%), Nigeria (0%), Netherlands (0%)
Mexico
Rank 10 of 24 active treaties (lowest rate = #1)
Lower rates with: Germany (0%), Spain (0%), France (0%)
Higher rates with: Indonesia (0%), Israel (0%), India (0%)