DannyThru

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Everything posted by DannyThru

  1. I am employed in Germany and live , work and pay taxes here. Since 2012, I have also been receiving rental income from my UK flat. I have declared this income in the UK on my HMRC tax return, and do not need to pay tax on it as it falls under the UK tax personal allowance threshold.   What i am absolutely 100% clear about is that as long as the UK is still in the EU, I do not even need mention my British rental income at all in my tax return: "§ 32b Abs. 1 S. 2 Nr. 3 i.V.m. § 32b Abs. 1 S.1 Nr. 3 EStG Nicht unter Progressionsvorbehalt aufgeführt werden müssen Einkünfte aus der Vermietung oder der Verpachtung von unbeweglichem Vermögen, wenn diese in einem anderen Staat als einem Drittstaat (ergo: EU/ EWR-Ausland) belegen sind. Das Besteuerungsrecht für Großbritannien für die Einkünfte aus Vermietung und Verpachtung aus in UK gelegenen Objekten ergibt sich aus dem Doppelbesteuerungsabkommen zwischen Deutschland und UK, nach dem UK aufgrund des Belegenheitsprinzips das alleinige Besteuerungsrecht zusteht. Aus diesem Grund (DBA + § 32b EStG) haben wir die Vermietungseinkünfte in der Vergangenheit nie deklariert, sondern das Finanzamt lediglich mit einem Satz darauf hingewiesen."     So here comes the crunch -  'Post Brexit / i.e. after the UK leaves the EU', I understand that it will not be taxed again in Germany on the UK income,  but it will raise my German tax rate on my other income (e.g. on my German salary) - this is called Progressionsvorbehalt. "Es ist aber nicht unwahrscheinlich, das die Vermietungseinkünfte dann zumindest in den Progressionsvorbehalt einfliessen. Etwas anderes, z.B. eine Besteuerung unter Anrechnung der UK Steuern erlaubt das derzeitige Doppelbesteuerungsabkommen  nicht. Und die Abkommen bleiben ja bestehen unabhängig davon ob UK Teil der EU ist oder nicht."     My question relates specifically to WHICH DATE is actually most important for the changing of the rules. It is likely that Brexit will happen on 31st January 2020. An official withdrawal agreement should soon be in place between the UK and the EU, which means that a formal  'transition period' runs from 31st January 2020 until 31st December 2020. During this 'transition period', the EU will still continue to treat the UK exactly like a member state, and all EU rules will still apply:   https://www.gtai.de/gtai-de/trade/recht/rechtsbericht/vereinigtes-koenigreich/brexit-die-uebergangsphase-im-deutschen-und-britischen-recht-210062   https://www.gtai.de/gtai-de/trade/recht/rechtsbericht/vereinigtes-koenigreich/brexit-rechtliche-aspekte-der-uebergangsphase-209796   https://de.m.wikipedia.org/wiki/Brexit-Steuerbegleitgesetz   www.ertragsteuerrecht.de/media/RegE_Brexit-StBG.pdf   https://www.bundesfinanzministerium.de/Monatsberichte/2019/04/Inhalte/Kapitel-3-Analysen/3-3-brexit-steuerbegleitgesetz_pdf.pdf;jsessionid=B87FA0D85091738336A6A4AFE8E1B49B.delivery2-master?__blob=publicationFile&v=3   https://www.haufe.de/steuern/gesetzgebung-politik/brexit-steuerbegleitgesetz_168_473764.html   https://www.bundesregierung.de/breg-de/themen/brexit/nach-britischen-wahlen-geordneter-brexit-wahrscheinlich-1570622     "Ein zwischen der EU und UK verhandeltes Austrittsabkommens mit einer Übergangszeit liegt auf dem Tisch. Nach dem Austrittsabkommen würde UK für die Übergangszeit bezüglich wichtiger EU-Rechte noch wie ein EU-Mitglied behandelt werden.   ab dem UK nicht mehr Mitgliedstaat der EU ist und auch nicht wie ein solcher zu behandeln ist,"     Question 1: Therefore am i right in thinking that for my 2020 German tax return, the current tax rules still apply for my rental income and that there will be no changes? i.e. i dont even need to declare my UK rental income on my 2020 German tax return? i.e. any changes will only be valid from 1st January 2021 onwards?      Second smaller question 2 -  my german tax consultant (with UK expat experience) is sadly  retiring very soon. does anyone know of a good quality affordable german tax consultant (with UK expat experience)  for people like me, that they could recommend to me please?     Any help is greatly appreciated.
  2. What happens to your German pension if you move abroad? (iamexpat.de)   quite an interesting article   just sharing it in case it helps anyone else
  3. Sorry to ask a really dumb question, and this has been covered off already about a billion and one times, but I am still super confused:   Background – I am double vaccinated in Germany (BioNtech/Pfizer), with the 2nd in early July.   On 8th September, I plan to fly with Eurowings from Duesseldorf to Birmingham.   i.e. fly from Germany to the UK, stay in the UK for approx. 2.5 weeks fly back to Germany (directly from the UK)       question is just about tests – I am clear that I need a day 2 PCR test in the UK, booked in advance, all obvious.   Do I also need a PCR test for flying each way? Or can I get away with an antigen  / lateral flow test? - I only ask as they are a bit cheaper.   If this is simply too silly to ask, then no worries. I just wanted to make sure I don’t have any issues / do anything wrong.   All advice definitely welcome at this stage please!!!!!!!!
  4. Type of test needed (Germany <-> UK)

    ok, thats great. thank you so much for the clear confirmation!!!
  5. Type of test needed (Germany <-> UK)

    I fly back to the UK this coming Friday, to look after my dad for 2 weeks.   What I understand when coming back to the UK, is that neither the ‘Passenger locator form’ is now no longer needed, nor a day 2 test, as per - All COVID-19 travel restrictions removed in the UK - GOV.UK (www.gov.uk) On the UK side, I am pretty clear, let’s put it like that.         On 4th June I then fly back to Germany where I am based full time. When I last flew in Sept 2021, I had to fill in the ‘online Digital Registration on Entry’ form, less than 3 days before returning to Germany  I could then also upload my proof of vaccination, in order to end my quarantine   My question focuses on about coming back to Germany.   i.e. do I still have to: fill in the ‘online Digital Registration on Entry’ form, less than 3 days before returning to Germany etc. (also upload my proof of vaccination, in order to end my quarantine?)     When i look on the Digitale Einreiseanmeldung          Digital Registration on Entry   Countries visited in last 10 days Next, please enter the countries you visited in the last 10 days.   Vereinigtes Königreich / United Kingdom   The country you've selected is not classified as a risk area.     (i have had 3 Bio-tech)     so i assume i do not have to worry about any of this anymore, did i get that right? can anyone confirm or deny this really quickly please at all?
  6. What made you laugh today?

    are you sweating when putting petrol in your car? feeling sick when paying for it? you have got the carownervirus
  7. just as a general info, in case it wasn't already known to everyone.   Sparer-Pauschbetrag increasing in 2023 from €801 to €1.000   Sparerpauschbetrag steigt 2023 - so reizen Sie ihn schon jetzt richtig aus » smartsteuer Blog
  8. Type of test needed (Germany <-> UK)

    very good question. i am due to fly from DuDo to Brum around mid-May and then come back 2 weeks later. i was already wondering exactly the same thing (i.e. i have had 3 BioNTech jabs so far)
  9. UK rental income on German tax returns (post-Brexit)

        @emkay - well said, you speak for the rest of us here too, i might say!    (I am really pleased you posted your questions on this thread, as i actually had fairly similar questions to you too in fact.)   @PandaMunich - once more, thank you so very very much from my side too of course!
  10. Type of test needed (Germany <-> UK)

    COVID-19 tests for fully vaccinated travellers arriving in England to be scrapped, PM confirms | Travel News | Sky News
  11. UK rental income on German tax returns (post-Brexit)

    @Auntie Helen "my Brexit Bonus Extra Tax Burden due to Progressionsvorbehalt"  -    this is what it should be 'officially renamed' to by the Finanzamt, in my opinion! brilliant! so true as well  
  12. UK rental income on German tax returns (post-Brexit)

      thanks an absolute million as always @PandaMunich -  we don't deserve you sometimes.   have a nice day and take care VLG Danny  
  13. UK rental income on German tax returns (post-Brexit)

      thanks an absolute million as always @PandaMunich -  we don't deserve you sometimes.   have a nice day and take care VLG Danny  
  14. UK rental income on German tax returns (post-Brexit)

    @PandaMunich - it goes without saying, a huge thanks a lot for your help so far, i have no clue how we would all cope without you.     (as @Auntie Helen so eloquently put it  already: "I have just started the whole Tax Return Experience as a post-Brexit German-resident Brit with rental income from the UK."     Well quite honestly, i really couldn't have said it better myself in fact - tell me about it! Just one more (ahem) 'upside' of Brexit, it would appear...(but anyway whatever nevermind, lets not go there....)     for the record - I found this article the other day, so i thought it might be worth sharing for everyone's benefit: Abschreibung von Immobilien – 11 wichtige Punkte über die AfA | immoverkauf24       One thing that particularly leaps off of the page immediately is how differently freehold properties are treated compared to leasehold properties:        from part 4 -  Besonderheit beim Erbbaurecht beachten Wird eine Immobilie mit Erbbaurecht (umgangssprachlich auch Erbpacht genannt) erworben, ist die Ermittlung des Bodenanteils nicht so einfach wie bei einer Immobilie auf Eigenland. Häufig wird im Kaufvertrag dem Erbbaurecht bereits ein Wert zugeteilt, der dann als Bodenanteil berücksichtigt wird. Ist dies nicht der Fall, so muss dieser aufwändig unter Berücksichtigung der Restlaufzeit des Erbbaurechtsvertrages, des Erbbauzinses sowie des Bodenwertes ermittelt werden. Dies sollte vom Steuerberater durchgeführt werden.   Zudem gelten die gezahlten Erbbauzinsen als sofort abzugsfähige Werbungskosten.  Wichtig zu wissen: Werden die Erbbauzinsen auf einen Schlag im Voraus bezahlt, sind sie auf die Nutzungsdauer zu verteilen.     i am still trying to get my head round it. there was me, thinking (previously) for my leasehold flat = work out the 'Anschaffungskosten' (i.e. Kaufpreis der Immobilie + Erwerbsnebenkosten (Grunderwerbsteuer, Notarkosten und Maklercourtage. ) take 80% of the 'Anschaffungskosten'  as 'Gebäudewert' (i.e. after deducting 20% 'Grundstückswert') multiply the 80% 'Gebäudewert' by the GBP to EUR exchange rate on the exact date I bought it back in Dec 2006 as the flat was built in 2006, work out an annual depreciation of 2%. And ‘ta-da’……..End of story……Or at least I thought it would have been. Now I just suddenly feel a bit lost.   Therefore if anyone has any clue, please feel free to share further if you would like to. I am guessing that there will be several people in this boat potentially. Man i hate Brexit...
  15. UK rental income on German tax returns (post-Brexit)

        a very interesting question. Mine is a 'leasehold' flat. I do not own the freehold (i.e. the actual land). But for houses where someone owns the freehold then this is definitely a relevant question.     i found the following link -  (not sure it tells you a great deal more than you already know yourself, but i thought i would share it for everyone anyway)     Microsoft Word - Bewertung von Immobilien.DOC (hildebrandt-maeder.de)   Page 4 Ausländische Grundstücke werden stets nach dem Verkehrswert berechnet, weil nicht si[1]cher ist, dass es im Ausland entsprechende Bodenrichtwerte gibt, die zuverlässig sind.   Page 5 In allen Fällen, in denen das Finanzamt zu vermeintlich zu hohen Werten kommt, kann der Steuerpflichtige mit Einholung eines Verkehrswertgutachtens – allerdings auf eigene Kosten und auf eigenes Risiko – kontern.             in terms of the depreciation per month in EUR: i took the original purchase price in GBP (of the flat) on the date i bought it back on 15th December 2006. I multiplied the original purchase price in GBP by 0.02,  to give me the annual depreciation in GBP. i divided the annual depreciation in GBP by 12,  to give me the monthly depreciation in GBP. i then use the official monthly GBP to EUR exchange rates to work out the monthly depreciation in EUR. ( Bundesfinanzministerium - Umsatzsteuer-Umrechnungskurse)     If this is complete rubbish from my side, definitely feel free to correct me at any time, no worries!        
  16. Maybe a somewhat strange and unusual question -   I am due to potentially fly back to the UK for 2 weeks towards the end of May. I would like to take back some particular german red wine with me in my big suitcase which will go in the hold.  ( I managed to get back last September (2021) and previous to that November 2019.)   My question (deadly serious) is: Due to Brexit, are there any limits about how many bottles I can take back in my suitcase e.g. I was hoping to take back 2-3.   As silly as it sounds, I just thought I would double check just to be on the safe side, as I didn’t want any stress. All and any constructive feedback is most welcome!!
  17. Limit on wine (taking back for my own personal use)

    excellent, thank you so much.   a perfect example of what this forum is / should be about - i.e. sharing knowledge and helping others. cheers and have a good day
  18. Type of test needed (Germany <-> UK)

    sure, very sorry to hear that....everything is just so crazy at the moment, fully understand and sympathise.   have you tried: Covid Testing Network - Compare Travel PCR tests near me (covid19-testing.org)
  19. Type of test needed (Germany <-> UK)

    Boost for holidays as Covid travel tests scrapped | News | The Times Thursday January 06 2022, 12.01am GMT, The Times   Boris Johnson said that pre-departure tests for travellers entering the UK would be ditched, as well as PCR tests in the first two days in the country. Instead, arrivals can take cheaper lateral flow tests. The need to quarantine before receiving a negative result will also end.
  20. Type of test needed (Germany <-> UK)

    COVID: Pre-departure tests for travellers returning to the UK to be scrapped | Business News | Sky News