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Gordon76

Gordon76

Active member

English °µÍø½ûÇø in Cyprus

Forum posts

74

About me

English

Registration: 10 November 2024

Activity

Gordon76 replied to a thread
4 weeks ago
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

@phildraperPhil( & anyone else that has ended their UK ISA accounts )I remember you saying that you got rid of you ISA's Presumably these were cash ISA's , and presumably you invested these in NS&I Income Bonds Did you do this because you ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

@Toon Charlie is the monarchAnd his queen has no doubt informed him that Farage will soon become the next PM following the landslide recent council results where Labour got absolutely hammered coming in 4th place in many elections as Reform got a ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

I have done a bit more digging and could someone please tell me if these observations are correct 1) As a Cyprus tax resident your UK Government pension still rises each year as per the triple lock arrangement ?2) If you opt for the 20% Cyprus tax ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

Ref previous posts regarding the need for ACRO police clearance certificates AND MEU1 and MEU2 Cyprus Immigration ApplicationI have contacted a Cyprus Immigration and Tax advice lawyer in PaphosThis is what they have told me -----" As per the ... Read More

Gordon76 replied to a thread
last month
Neptune3

Uk and Cyprus tax advisor by Neptune3

Hello.Does anybody have a recommendation for a tax advisor who is knowledgeable about both the UK and Cyprus tax systems?It would be good to have one person who can help us convert from UK to Cyprus tax systems for our pensions and also help on tax ...

Gordon76

Has anyone used or has knowledge of someone that has used Polycarpos Philippou & Associates based in Paphos And the results ? Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

You cannot be stateless why would you want to renounce your UK passport .what do you think you would gain by doing so or is this a,way to avoid potential increases in British taxes . Or are u considering Cyprus citizenship but then Once you have ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

What citizenship would you have if you denounced a UK citizenship ..Irish or some other - @Toon I would then hold an Irish passport and would not denounce my UK citizenship till I was granted one ( application now made to go on the Irish Foreign ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

Last question for me and once again apologies for asking so many BUT I have found the process has straightened out my thoughts --- I hopeQuestions1)If one obtains non domicile status in Cyprus by way of an Irish passport ie by getting an MEU1 And ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

Several countries are operating forms of a wealth taxhttps://taxfoundation.org/data/all/eu/wealth-taxes-europe-2024/In the UK case IMO Labour might find themselves soon squeezed into a cash strapped cornerAgain IMO one should consider circa 500K to ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

This is Ref sending the HMRC a P85 If you are doing self assessment returns ( SA ) , then doing a P85 seems NOT the way to go according to HMRC reply by HMRC admin in link below It would seem that the HMRC say that you need to complete a SA109 form ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

Thanks again rgray27There are now real concerns amongst many that a wealth tax based upon the assets a person owns is coming eg:Wealth tax fears as Labour uses AI to value all homesThe Telegraphhttps://www.telegraph.co.uk › politics › ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

More things to ponder and sort out and again courtesy of Blevins Franks , after latest UK budget changes , see linkUK tax in 2025 and beyond, and implications for °µÍø½ûÇøriates in Cyprus1)Assets you own in the UK remain liable to UK inheritance tax, ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

@rgray27Thanks for your help and repliesI saw a youtube video on this yesterday ref " accommodation tie " it says you have a tie if you spend more than 16 days in the home of a close relative .We don't , only about 5 days max in a year , proving ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

Do you have to provide a UK Police clearance certificate when applying for an MEU1 or MEU2 ?AI says you do When applying for an MEU1 (the Registration Certificate for EU Nationals, also known as the "Yellow Slip") in Cyprus, a police clearance ... Read More

Gordon76 replied to a thread
last month
telf

Cyprus tax plans by telf

Cyprus' tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.The plans will see the minimum earnings threshold to pay income ...

Gordon76

Above is wrong we both have 2 ties it would seem Am I right in thinking it is normal procedure to become a Cyprus tax resident FIRST before informing UK Banks etc of you new status and address ?Anyone with Metro Bank ?If so did you have to close ... Read More