British Expats - Search Results

Search: Posts Made By: Ukkram

Showing results 1 to 9 of 9
Search took 0.01 seconds.

Forum: Portugal

Nov 29th 2017, 5:37 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Re: Tax residency.

After being taxed for an amount that we can live off for 2 years and paying fees to a cross border tax charted accountant and another charted accountant in Portugal plus another in South Africa I...

Forum: Portugal

Nov 25th 2017, 6:31 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Re: Tax residency.

You will be disappointed if your accountant got it wrong. Mine did and the AT will want the full gains for the whole year despite when you arrived here.

AT will not give any advice and your choice...

Forum: Portugal

Nov 25th 2017, 5:48 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Re: Tax residency.

Still no clarity as from when an immigrant is taxed in PT. The day of arrival or the day you have a long term lease or when residencia is obtained. Or neither of these and would be taxed for the full...

Forum: Portugal

Nov 24th 2017, 5:26 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Re: Tax residency.

Thanks David. That would be great if you can PM me the email address. I need help desperately.

Forum: Portugal

Nov 23rd 2017, 2:11 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Re: Tax residency.

Ah. Makes sense now. When you cease to be a resident your assets such as securities and shares are "deemed as Sold" the day before and bought at the same price the day after. This capital gains tax...

Forum: Portugal

Nov 23rd 2017, 1:48 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Re: Tax residency.

Thanks Richard. Now I'm wondering if AT will tax the non resident period as well otherwise why would they want it?

Forum: Portugal

Nov 22nd 2017, 5:41 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Re: Tax residency.

Yes. You have to get a "international tax residency" certificate from AT and send it to your precious IRS and they will close your books and you can wave them Goodbye.

This does not answer the...

Forum: Portugal

Nov 22nd 2017, 4:55 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Re: Tax residency.

If you entered on 1 Dec 2017 you would not be considered for tax for 2017 as you have to be present here for the 183 days required for tax residency.

If your intention was to stay by a rental...

Forum: Portugal

Nov 21st 2017, 5:04 pm

Replies: 36

Tax residency.

Views: 2,745

Posted By Ukkram

Tax residency.

Is my assumption correct?

If in 2017 I was here less than 183 days then I do not need to file income tax for the year.
However should I sign a long term rental contract on 31 December 2017 then I...

Showing results 1 to 9 of 9