Tax return

1 Replies
ojay20

1495649686

Message

Sold holiday home in Portugal and needed to declare capital gain. Got form done online by Portuguese accountant and they came back with a ridiculously small amount due as they have us down as resident in Portugal (at the address we have sold). Tried to change address to our one in Scotland but the accountant couldn't do it online. Does anyone have experience of this and what do we do ?

Replies

Verinia 1495971073

Did you ever get residencia formally? If not, you need to go to the financas and explain the problem. it's quite crucial, because if you are seen as a tax resident here, ie in the country for more than 185 days a year, then you are liable for tax on your worldwide income to the Portuguese government. (PS: I am not a tax expert)

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