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About kthxcia

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  • Location Munich
  • Nationality British (Indian)
  • Gender Not Telling
  1. Taxes on capital gains from stocks

    I'm not able to delete my post above, so please ignore it instead. I think that relates to US stocks. 
  2. Taxes on capital gains from stocks

    Just googled this out of curiosity and apparantly: Generally, any profit you make on the sale of a stock is taxable at either 0%, 15% or 20% if you held the shares for more than a year or at your ordinary tax rate if you held the shares for less than a year. Also, any dividends you receive from a stock are usually taxable.   I'm guessing you held your shares for less than a year?
  3. The last minute Brexit deal

    Thanks for the link Gary. I am particularly interested in the  "freedom of movement of capital" - since that was  "fourth pillar" of the EU. I was worried that the Brexit deal could affect how much cash can be brought into Germany... as far as I can tell, based on your link - that does not seem to have been affected.    
  4.   Yeah, probably they do ... somewhere. I imagine the T & C are online somewhere. I should dig 'em up.   I guess I could give a UK address, but it would be inaccurate to class myself as a UK resident.  
  5. Hi there,   So, Barclays have sent me an updated Terms and conditions and one of the clauses is that they 'can close the account if the account holder or one of the account holders lives outside of the UK'.   The wording is interesting. It says CAN not WILL.   Does anyone know if they can just close my account without giving me 2 months notice? 
  6.   Starling Bank certainly looks interesting! I chatted with them today, but was advised they don't offer accounts to Brits in Europe. So, it would be the same as the other banks! HSBC looks interesting though! 
  7. Thanks everyone! Will look into HSBC.
  8.   Thank you. At 8.10, the interviewee mentions that some banks have confirmed they will be allowing EU expats to hold accounts, but he is not asked which banks these are... which rather annoyed me!
  9. I guess it's not so pie-in-the-sky after all...   https://www.dailymail.co.uk/news/article-8752653/British-expats-Europe-stripped-UK-bank-accounts-weeks-post-Brexit-rules.html    
  10.   Newp. Nothing. Nada. Nothing apart from the letter from Barclaycard citing Brexit as the reason for closing my account...   Also, this is a thread about Brexit and bank account so I wanted to keep my concerns regarding no-deal Brexit specific.
  11.   Kinda off topic at this point, but coming back to 'no deal' brexit issue... A bill has been passed in the Uk allowing for the UK to backtrack on it's Brexit deal, which: https://www.bbc.com/news/uk-54147365  and so it could be argued, that British expats might have cause for concern over the future of their UK bank accounts.
  12. I see. Ok. It's very confusing how they insist on still calling it a no-deal Brexit .... couldn't they call it no-deal2 or something?
  13.   I don't think that's true. Have you tried googling 'no-deal Brexit'? I assure you, the articles discussing this possibility are very current.
  14.   Good Point. Admittedly, this is a pretty dormant account and so I am not particularly bovvered. However, I was concerned because they specifically stated it was due to the UK leaving the EU. A bit of googling revealed that there does indeed  appear to be some confusion among banks regarding the future of  non-residents accounts,   Oddly, most of the articles discussing the possibility of Brits abroad losing their UK bank accounts are from circa 2 years ago : https://www.theguardian.com/politics/2018/aug/23/britons-in-eu-could-lose-access-to-uk-bank-accounts-under-no-deal-brexit    The articles seem to focus on the no-deal aspect which is a real possibility.