DannyThru

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Posts posted by DannyThru


  1. 1 hour ago, yesterday said:

     

     

    I just flown back from the UK today, I just checked in on the app, got on the plane, arrived in Munich, left the airport

     

    ie no forms were required at all, its like 2019 again

     

    its strange on the way out to the UK, I got asked for my residence permit, which you should take just in case they as you for it

     

    Even stranger too, coming back through Manchester, there was no passport check, I expected one but it just did not happen

     

    Enjoy the UK weather and food :)

    ok, thats great.

    thank you so much for the clear confirmation!!!

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  2. 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?

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  3. 19 hours ago, xargon said:

    Does anyone know if this has changed now? I have had 3 vaccines in Germany (Pfitzer x 2 + Moderna). Do I need to get a PCR test now or can I just take the flight from Berlin to Stanstead without one or a standard Antigen test? It seems I do not need it but wanted to confirm.

     

    What about the return flight?

    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)

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  4. 12 minutes ago, murphaph said:

    As David Davis said, "there will be no downsides to Brexit, only considerable upsides" so maybe he'd like to do your tax returns now. I hope you guys can resolve your leasehold calculations. It sounds like an absolute nightmare. 

     

    I wonder are there any other third country nationals on here with leasehold properties at home who can offer their experiences? This is not a UK specific thing at the end of the day, it applies to all third countries (and Spain for some reason, probably to do with the tax treaty).

     

    @murphaph - 

    cheers buddy - really made me laugh out loud with the bit about David Davis....Indeed.

    nice one.

     

    8 minutes ago, PandaMunich said:

     

    Let's nip this in the bud.

    You would only have a problem if your purchase contract stated that the "value of the land" was a lump sum of x GBP: https://www.haufe.de/finance/haufe-finance-office-premium/kaufpreisaufteilung-grund-und-boden-undgebaeude-13-afabemessungsgrundlage-bzw-kaufpreisaufteilung-bei-bebauten-erbbaurechten_idesk_PI20354_HI3529538.html
     

    Much more likely is the "plain vanilla" case of there being no such clause in your purchase contract, in which you case you have in your rental profit calculation:

    1. Erbaupacht: 12 * monthly ground rent (paid to land owner)
      see here: https://www.haufe.de/finance/haufe-finance-office-premium/werbungskosten-vermietung-und-verpachtung-abc-erbbaurecht_idesk_PI20354_HI7016625.html
    2. Absetzung für Abnutzung: 2% (or 2.5% if house was built before 1925) * purchase price converted into € with exchange rate valid on purchase day

     

     

    thanks an absolute million as always @PandaMunich - 

    we don't deserve you sometimes.

     

    have a nice day and take care

    VLG
    Danny

     

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  5. 7 minutes ago, PandaMunich said:

     

    Let's nip this in the bud.

    You would only have a problem if your purchase contract stated that the "value of the land" was a lump sum of x GBP: https://www.haufe.de/finance/haufe-finance-office-premium/kaufpreisaufteilung-grund-und-boden-undgebaeude-13-afabemessungsgrundlage-bzw-kaufpreisaufteilung-bei-bebauten-erbbaurechten_idesk_PI20354_HI3529538.html
     

    Much more likely is the "plain vanilla" case of there being no such clause in your purchase contract, in which you case you have in your rental profit calculation:

    1. Erbaupacht: 12 * monthly ground rent (paid to land owner)
      see here: https://www.haufe.de/finance/haufe-finance-office-premium/werbungskosten-vermietung-und-verpachtung-abc-erbbaurecht_idesk_PI20354_HI7016625.html
    2. Absetzung für Abnutzung: 2% (or 2.5% if house was built before 1925) * purchase price converted into € with exchange rate valid on purchase day

     

     

    thanks an absolute million as always @PandaMunich - 

    we don't deserve you sometimes.

     

    have a nice day and take care

    VLG
    Danny

     

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  6. @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...

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  7. On 1/15/2022, 9:01:03, emkay said:

    As UK property rental income is subject to positive Progressionsvorbehalt since 1.1.2021, how has anyone else been able to ascertain the land value of their freehold property?

     

    This is relevant in respect of property depreciation that excludes the land value. As I understand it, for DE tax purposes, a property can be depreciated at 2% linear per year over 50 years for property built after 1924. Before 1924, at a rate of 2.5% over 40 years. I believe that the depreciation is based on the purchase value and the relevant euro exchange rate on the date of purchase. 
     

    However, the land value is usually unknown in the UK for freehold property purchase. I understand for DE tax purposes, a default of 20-30% land value may be applied. In my case, the land value is most likely to be a much lower percentage. I’ve spoken to surveyors, estate agents, local council, Land Registry and Valuation Office Agency. I’ve been given verbal guesstimates of 9-13% land value. I believe that the Finanzamt would be most likely to accept a land value estimate from a UK RICS surveyor.  Unfortunately, none that I have spoken to so far are willing to provide such an estimate going back to 2001.

     

    Has anyone else been able to acquire a professional land value estimate?

     

     

    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!

     

     

     

     

    1

  8. 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!!

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  9.  Why didn’t Santa replace Comet and Cupid when they became HGV drivers?

    They were just 2 deer

     

     

     

    Why does Christmas scrabble take so long with Boris Johnson?

    He keeps going back on his word

     

     

     

    Why are we only having carrots, peas and potatoes as veg this Christmas?

    Because 52% of the family said no to Brussels

    3

  10. What travellers from Europe need to know about new Covid entry rules in UK

    The new requirements are set to come into force at 4am on Tuesday, November 30th.

    Testing
    This means that if you’re arriving in the UK after 4am on Tuesday, November 30th, you’ll need to book and take PCR tests instead of lateral flow tests, which will no longer be accepted.

    You’ll need to take a PCR test by the end of the second day after arriving in the UK and self-isolate until you get a negative test result.

    Quarantine requirements
    This means you can only leave home if you need to buy essential supplies, such as food or medication (but only if no-one else can buy them for you), to take a test or for urgent medical care.

    The potential problem with this change is that the UK testing system has been beset with problems.

    For example, at least one private testing company is being investigated for failure to deliver PCR test results on time – or in some cases at all – meaning people could be stuck in quarantine for a long time.

    And another is being looked into for providing thousands of incorrect negative results.

    And Which? travel editor Rory Boland expressed concern about the testing companies and how they would cope with the additional demand, as he details in the below tweet, meaning people could be stuck in quarantine for days.


    Forms to fill in
    If you’re due to arrive before 4am on November 30th, you can complete the required Passenger Locator Form now, but if you’re arriving after that time, you’ll need to return to the website after 4am on Monday, November 29th as the system is being updated.

    You need to fill one of these forms in, even if you’re just passing through the UK, and it needs to be completed 48 hours or less before you start your journey.

    Lack of clarity
    However, a few things remain unclear, including what the requirements are for people who are entering the UK for less than two days, and whether these could rule out short business trips. 

    The government is expected to reveal further details this week and we will be update this article as soon as further information is available.

    Other restrictions
    Wearing face masks on public transport and in shops will also be mandatory again in England from Tuesday. 

    They are still required in Scotland, Wales and Northern Ireland on public transport and many indoor spaces.

     

    2

  11. What travellers from Europe need to know about new Covid entry rules in UK

    The new requirements are set to come into force at 4am on Tuesday, November 30th.

    Testing
    This means that if you’re arriving in the UK after 4am on Tuesday, November 30th, you’ll need to book and take PCR tests instead of lateral flow tests, which will no longer be accepted.

    You’ll need to take a PCR test by the end of the second day after arriving in the UK and self-isolate until you get a negative test result.

    Quarantine requirements
    This means you can only leave home if you need to buy essential supplies, such as food or medication (but only if no-one else can buy them for you), to take a test or for urgent medical care.

    The potential problem with this change is that the UK testing system has been beset with problems.

    For example, at least one private testing company is being investigated for failure to deliver PCR test results on time – or in some cases at all – meaning people could be stuck in quarantine for a long time.

    And another is being looked into for providing thousands of incorrect negative results.

    And Which? travel editor Rory Boland expressed concern about the testing companies and how they would cope with the additional demand, as he details in the below tweet, meaning people could be stuck in quarantine for days.

    Forms to fill in
    If you’re due to arrive before 4am on November 30th, you can complete the required Passenger Locator Form now, but if you’re arriving after that time, you’ll need to return to the website after 4am on Monday, November 29th as the system is being updated.

    You need to fill one of these forms in, even if you’re just passing through the UK, and it needs to be completed 48 hours or less before you start your journey.

    Lack of clarity
    However, a few things remain unclear, including what the requirements are for people who are entering the UK for less than two days, and whether these could rule out short business trips. 

    The government is expected to reveal further details this week and we will be update this article as soon as further information is available.

    Other restrictions
    Wearing face masks on public transport and in shops will also be mandatory again in England from Tuesday. 

    They are still required in Scotland, Wales and Northern Ireland on public transport and many indoor spaces.

     

     

     

     

    0