Steve ... Another reason that people may well decide not to make their move to Greece for the time being! Why should you be taxed on Earnings/Pension there when you have already paid it in the UK? Its either one or the other.
Message posted by doug on 23 September 2011 at 3:56pm - IP Logged
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Have just received an email from our Accountant who says we now have to provide Pink Slips for a total of 18,000 Euros which is considerably higher than what we were told at Easter! Bearing in mind we have a small house (85 metre sq), no pool, no car etc and visit less than three months a year, can this possibly be right?
We do have a mortgage less than 500 Euro each month, but even then, there is no way that we need any where near 18,000 Euros to maintain the house annually!
Having already transferred sufficient funds to pay for the mortgage, utilities and general living expenses there is no way we can afford to transfer more this year and based on the current state of the banks (just found out ours has been downgraded), is it safe to transfer large amounts anyway at the moment?
Sadly, and against my wishes it looks like having to sit back and take a further 'tax hit' next year based on the 'difference' we cannot pay.
Message posted by jbtapscott on 23 September 2011 at 5:07pm - IP Logged
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I was told a couple of days ago by our accountant that I would need (based on current, ever changing, rules) to bring approximately 8,700 euro in to the country to meet the tax peoples requirements - this covers our house (80sq mt appx) and car (viz. no pool / aeroplane, etc etc).
Message posted by Dave and Kerry on 23 September 2011 at 6:12pm - IP Logged
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Remember that picnic we had sitting in the sand dunes beside the river Conwy??
Life was good then, and we want to be back there. I can't honestly with hand on heart advise you to go with your Corfu dream, it is a road with many potholes [both ways]
All the best ...J&H
Message posted by janmanessi on 23 September 2011 at 9:47pm - IP Logged
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Because I was working in UK and also renting a cottage out so income was high enough to pay. This has been checked out with accountants both here and in UK. I stupidly did not declare my Greek pension for three years after I started getting it as I thought as tax was paid in Greece I did not need to, but the UK accountant told me it had to be declared, and should always have been. I imagine that had I not had my other UK income I would not have had to pay tax as my income would have been below the level.
Imagine I will now have to declare my UK pension in Greece.
Message posted by Dave and Kerry on 24 September 2011 at 12:46pm - IP Logged
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John and Hilary ... funny you should mention the picnic I was looking at the photos a few weeks ago while I was looking for something, we were going to call while we were there last week but did not know if you would have been in.
We have put things on hold for now, though we still have the land. Food prices have risen again here while we were away so even though food prices maybe somewhat lower here they are still increasing.
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