
kthxcia
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14 NeutralAbout kthxcia
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- Location Munich
- Nationality British (Indian)
- Gender Not Telling
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I'm not able to delete my post above, so please ignore it instead. I think that relates to US stocks.
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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?
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lunaCH gave positive reputation to a post in a topic: The last minute Brexit deal
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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.
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lunaCH gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
Thank you -
lunaCH gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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. -
lunaCH gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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? -
dstanners gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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lunaCH gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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lunaCH gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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! -
Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
Thanks everyone! Will look into HSBC. -
kthxcia gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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kthxcia gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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kthxcia gave positive reputation to a post in a topic: Has your bank asked you to close your UK bank account due to Brexit?
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Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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! -
Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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 -
Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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. -
Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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. -
Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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? -
Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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. -
Has your bank asked you to close your UK bank account due to Brexit?
kthxcia replied to kthxcia's topic in Finance
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.