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Search: Posts Made By: SgtTroy
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Forum: Portugal
Nov 19th 2022, 7:11 pm
Replies: 4
Views: 470
Posted By SgtTroy

Re: Sale of PT property/CGT/Reinvest in EU

If you would not be tax resident in the other EU country, then, obviously your property there is not your main residence.
Forum: Portugal
Nov 19th 2022, 7:09 pm
Replies: 29
Views: 1,614
Posted By SgtTroy

Re: Decent Bank

BNI is fine, esp. for deposits, Banco Best is really good
Forum: Portugal
Sep 19th 2022, 12:43 pm
Replies: 3
Views: 754
Posted By SgtTroy

Re: Registo criminal

For citizenship application?
Forum: Portugal
Aug 8th 2022, 3:28 pm
Replies: 20
Views: 1,546
Posted By SgtTroy

Re: Proving NHR to UK taxation authorities

I do not see that as an issue in the contex of losing your residence, or NHR status.
Ideally ask Financas for a formal response whether they want you to submit a tax return in PT for that year, if...
Forum: Portugal
Aug 7th 2022, 9:13 pm
Replies: 21
Views: 1,314
Posted By SgtTroy

Re: Scaremongering

I haven't indeed, but that's maybe because I do not tend to look for loopholes, but prefer to follow the rules, as I was brought up to believe that the rules should be followed and that I am not a...
Forum: Portugal
Aug 7th 2022, 6:34 pm
Replies: 21
Views: 1,314
Posted By SgtTroy

Re: Scaremongering

The failure to register is still an administrative matter for EU citizens.
For third country citizens that failure is a violation of the law.
And ignorance of the law has never been accepted as a...
Forum: Portugal
Aug 7th 2022, 4:36 pm
Replies: 21
Views: 1,314
Posted By SgtTroy

Re: Scaremongering

I was sarcastic 😎
And, Portuguese bureaucracy aside, I have zero sympathy to anyone who did not register when the process was easier, or who waited till the last few days for unknown reasons....
Forum: Portugal
Aug 7th 2022, 3:00 pm
Replies: 21
Views: 1,314
Posted By SgtTroy

Re: Scaremongering

'The Resident has been made aware of ‘horror stories’ involving people who have not registered as residents in Portugal being held up at borders when they try and travel, fined, even banned from the...
Forum: Portugal
Aug 7th 2022, 1:16 pm
Replies: 21
Views: 1,314
Posted By SgtTroy

Re: Scaremongering

...and the best comments on the matter:

https://twitter.com/BBCLauraKT/status/1555961101912768513?t=nN1AoLvqdnqAW_JJdgXNqQ&s=19


...
Forum: Portugal
Aug 7th 2022, 1:11 pm
Replies: 21
Views: 1,314
Posted By SgtTroy

Re: Scaremongering

And how is the opinion of a German border officer indicative for a failure of the Portuguese government?
In the article, the couple had to return to Portugal from the Seychelles not via Germany, as...
Forum: Portugal
Aug 7th 2022, 1:00 pm
Replies: 21
Views: 1,314
Posted By SgtTroy

Re: Scaremongering

Yep, absolute disgusting bullshit, The Guardian seems to be competing for Daily Hail's readers.

​​​​​​I am yet to hear that someone with proper residence has been denied healthcare and had to pay...
Forum: Portugal
Aug 7th 2022, 6:00 am
Replies: 33
Views: 3,698
Posted By SgtTroy

Re: Electricity Costs

Imho PT gov has a number of options, including reducing VAT on energy from 23%(most of it) to 13%, or even to 6% at least within the basic consumption per month, as it is already lower for the first...
Forum: Portugal
Aug 7th 2022, 12:04 am
Replies: 33
Views: 3,698
Posted By SgtTroy

Re: Electricity Costs

From our energy supplier :p

Estimado Cliente,

Vimos por este meio informar que a Endesa não irá aumentar os preços de eletricidade do mercado residencial até ao final do ano e garantir-lhe que...
Forum: Portugal
Aug 6th 2022, 8:50 am
Replies: 20
Views: 1,546
Posted By SgtTroy

Re: Proving NHR to UK taxation authorities

A holiday let business could operate only during the season, even only a couple of months in the year. The issue here could be more with the relevant expenses, and whether it is a sole trader, or...
Forum: Portugal
Aug 1st 2022, 11:28 am
Replies: 6
Views: 957
Posted By SgtTroy

Re: Englobamento mess

It's them bloody banks again...:rolleyes:
Forum: Portugal
Jul 31st 2022, 11:06 am
Replies: 6
Views: 1,578
Posted By SgtTroy

Re: The ins and outs of working within Portugal for a UK company

My comments are, of course, in no way a professional advice, but merely my personal opinion.

1. The OP can't be both a posted worker and a NHR. Being a posted worker by default assumes that the...
Forum: Portugal
Jul 29th 2022, 9:27 pm
Replies: 6
Views: 1,578
Posted By SgtTroy

Re: The ins and outs of working within Portugal for a UK company

Welcome to the knowledgeable British overseas accountants and financial advisors forum! :shades_smile:

1. You might be able to qualify as a posted worker, subject to meeting a number of...
Forum: Portugal
Jul 27th 2022, 8:12 am
Replies: 6
Views: 957
Posted By SgtTroy

Re: Englobamento mess

well, it appears that Millenium/AT are in fact making a false declaration ;)
your choice would be whether to spend many hours/days to resolve it, or just respectfully point it out to them, and go...
Forum: Portugal
Jul 26th 2022, 7:45 am
Replies: 6
Views: 957
Posted By SgtTroy

Re: Englobamento mess

I seem to be missing something here.

If you go for englobamento, that means you pay tax on rates lower than 28% tax at source, and you would expect some refund of the tax already retained at...
Forum: Portugal
Jul 5th 2022, 10:16 am
Replies: 14
Views: 1,390
Posted By SgtTroy

Re: Any Euro accounts which pay interest?

Not (entirely) true.

Interest is taxed at source at 28%.
In the tax return there are two options:
a) do not declare the interest and leave it as it is, including the tax charged. That is...
Forum: Portugal
Jul 5th 2022, 6:05 am
Replies: 14
Views: 1,390
Posted By SgtTroy

Re: Any Euro accounts which pay interest?

I'd suggest you switch to OpenBank, which is also Santander, but a much more user-friendlier version.
No charge for the c/a or for the debit card.
Some savings options with miserable rates, as...
Forum: Portugal
Jul 2nd 2022, 7:58 pm
Replies: 18
Views: 1,572
Posted By SgtTroy

Re: NIF/Bank Account

Totally unnecessary, considering the time and the cost for doing so, as well as the purpose of that account.

Few hundred pounds could be exchanged cash, at a good rate, with much less hassle.
...
Forum: Portugal
Jul 2nd 2022, 7:55 pm
Replies: 18
Views: 1,572
Posted By SgtTroy

Re: NIF/Bank Account

Yes, but from a country with mutual automatic exchange of information (OECD model) as opposed to a jurisdiction with no such exchange of information.
Hence, hardly any negative consequences, save...
Forum: Portugal
Jun 25th 2022, 5:27 pm
Replies: 11
Views: 850
Posted By SgtTroy

Re: NHR Rules

A bit difficult to follow the exact issue, but:
a) if you register as a self-employed in PT, there are no social security contributions in the first 12 months
b) if as a self-employed you receive...
Forum: Portugal
Jun 24th 2022, 8:20 am
Replies: 11
Views: 850
Posted By SgtTroy

Re: NHR Rules

Exactly.
NHR is a consequence of becoming PT tax resident, as a matter of fact it is not a substitute for the visa requirement for stays exceeding 90 days.

If the OP wishes to benefit from NHR,...
Showing results 1 to 25 of 241
 


 
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