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Are there any group members from Europe on the forum?

ltoby955

Would be great to get opinions on legislation between here and Europe on tax treaties pensions etc.

See also

The tax system in BrazilUS and Brazil Taxes RevisitedBrazil new Tax law for 2024 for resident and CitizensTrying to educate myself about Brazilian Tax ReturnsRelocation Companies
rraypo

I'm from Iceland but left that socialist climate behind long, long ago. I love to go back for short, brief visits, but love leaving just as much

ltoby955

Ok, rraypo it was more to do with the pension agreements between Europe and here and any other quirks that are thrown in our direction. The latest for me which could be a big factor is there is no pension or tax treaty here with the UK, this, in turn, means if I become a resident here I will not receive pension increases. They have been talking to each other recently regarding a double taxation treaty but I'm not sure if this includes pension rights.

abthree

11/28/22 @Itoby955  This list is from the Deloitte Brazil website.  You can probably cross-check it against similar information from any of the other major international accounting firms.  I wouldn't have them do my taxes, but they're great sources of information:


https://www2.deloitte.com/br/en/pages/l … razil.html

ltoby955

@abthree It appears that at the moment they are talking but they don't have a pensions agreement which would mean no more pension increases on UK pensions which this year saw a 10% increase.


I am not sure if I can get around this as my pension address is Portugal which does have a treaty with the UK.

abthree

11/28/22 @Itoby955. I'm neither a lawyer nor an accountant, but I think that it depends on where you're paid, not on your home address. My home address for the US Social Security Administration is in Brazil -- that lets my account be serviced out of the US Embassy in Lisbon, which is much more responsive than the US offices -- but my benefit is deposited in my US bank account, and both Brazil and the US treat it as US income.

ltoby955

Ok thanks, mine is paid out of the UK bank by HMRC and then direct to my Portuguese bank account.