CGT on sale of property
#91
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Joined: Jun 2021
Location: North West England and Eastern Algarve
Posts: 124
Re: CGT on sale of property
Assuming I don't have the confidence to attempt doing it myself does anyone know the answer to the original question can an accountant or a Fiscal Rep perform all the calculations and make the payments or do you need an accountant to do the working out then a Fiscal Rep to do the payment?
#92
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Joined: Feb 2019
Posts: 418
Re: CGT on sale of property
Assuming I don't have the confidence to attempt doing it myself does anyone know the answer to the original question can an accountant or a Fiscal Rep perform all the calculations and make the payments or do you need an accountant to do the working out then a Fiscal Rep to do the payment?
You should be able to pay for yourself or you could pay the accountant/FR to pay I suppose?
#93
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Joined: Aug 2017
Posts: 657
Re: CGT on sale of property
An accountant can certainly fill out your tax return for a fee (I was quoted a few hundred euros although I've no idea why so expensive), a fiscal rep might be able to but it depends on their skills and inclination, mine is a friend's neighbour so don't think they would.
You should be able to pay for yourself or you could pay the accountant/FR to pay I suppose?
You should be able to pay for yourself or you could pay the accountant/FR to pay I suppose?
I know in this day and age of IT dominance it may be strange to find people who are not confident with it but we fit into that bracket.
For everyone who I am sure is computer savvy this may seem strange, but it is horses for courses, I expect there are skills I possess which some others may not.
Just as an aside as the property was in both our names would the CGT be devided and we would both pay a portion each or can it just be paid as one.
#94
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Joined: Feb 2019
Posts: 418
Re: CGT on sale of property
Understood, and as the AT is in a foreign language even with Google's help it isn't for the faint hearted.
With regard to tax your accountant can file for you together as a couple and only one payment required.
With regard to tax your accountant can file for you together as a couple and only one payment required.
#97
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Joined: Jun 2021
Location: North West England and Eastern Algarve
Posts: 124
Re: CGT on sale of property
Correct. The filing period is between 1st April 2023 and 30th June 2023. Payment is then due by 31st August 2023.
Last edited by ARCNET; Jan 12th 2023 at 1:42 pm.
#98
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Joined: Jun 2021
Location: North West England and Eastern Algarve
Posts: 124
Re: CGT on sale of property
appman999, may I please ask, when you filed your Gracious Complaint did you complete the bottom section relating to agent? The reason I am asking is because I filed one a few days ago leaving that part blank (as I’m dealing with it myself as I understood you did) and although an online message said the Complaint was filed successfully giving a Process Number I‘ve not received any other communication of acknowledgement. To make matters worse, when I consult the “Registered Complaints” it’s not there. Are you able to share what the communication process was when you did yours? TIA
#99
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Joined: Feb 2019
Posts: 418
Re: CGT on sale of property
I think you are referring to the bottom section headed MANDATÁRIO, I believe I took it to be mandatory and filled it in with my details.
I do remember there being a long delay before it became visible and updated at each stage thereafter.
For instance it took a long time to update online after I had written confirmation it was agreed.
The other issue I had was that all written responses (and the rebate cheque!!) were sent to my Fiscal Rep despite me being signed up for electronic notifications (and receiving for IMI)
Nothing ever came by electronic notifications ViaCTT, email or text message.
I do remember there being a long delay before it became visible and updated at each stage thereafter.
For instance it took a long time to update online after I had written confirmation it was agreed.
The other issue I had was that all written responses (and the rebate cheque!!) were sent to my Fiscal Rep despite me being signed up for electronic notifications (and receiving for IMI)
Nothing ever came by electronic notifications ViaCTT, email or text message.
#100
Forum Regular
Joined: Jun 2021
Location: North West England and Eastern Algarve
Posts: 124
Re: CGT on sale of property
I think you are referring to the bottom section headed MANDATÁRIO, I believe I took it to be mandatory and filled it in with my details.
I do remember there being a long delay before it became visible and updated at each stage thereafter.
For instance it took a long time to update online after I had written confirmation it was agreed.
The other issue I had was that all written responses (and the rebate cheque!!) were sent to my Fiscal Rep despite me being signed up for electronic notifications (and receiving for IMI)
Nothing ever came by electronic notifications ViaCTT, email or text message.
I do remember there being a long delay before it became visible and updated at each stage thereafter.
For instance it took a long time to update online after I had written confirmation it was agreed.
The other issue I had was that all written responses (and the rebate cheque!!) were sent to my Fiscal Rep despite me being signed up for electronic notifications (and receiving for IMI)
Nothing ever came by electronic notifications ViaCTT, email or text message.
#101
Re: CGT on sale of property
It isn't obligatory to do so.
Last edited by Red Eric; Jan 12th 2023 at 8:31 pm.