What am I expected to pay.North Cyprus Forums Homepage Join Cyprus44 Board | Already a member? Login
Popular Posts - List of popular topics discussed on our board.
You must be a member and logged in, to post replies and new topics.
Dashak
Joined: 08/09/2011
Posts: 31
Message Posted:
01/11/2011 11:00 | | Join or Login to Reply | Message 1 of 10 in Discussion |
| What am I expected to pay if I sold my property in NC? Just had an offer and not sure what taxes I am liable for, also, as I am in the UK, can I get power of attorney to save us flying over fir the required signatures? |
flightholiday
Joined: 19/07/2007
Posts: 3217
Message Posted:
01/11/2011 11:45 | | Join or Login to Reply | Message 2 of 10 in Discussion |
| ''' Msg 1 - Have you not asked your estate agent? If you are not sure maybe you should ask your TRNC bankers (who we assume will be taking the money when you are paid) as they will probably be liable for exporting your money and profits. Also you need to look at what the UK taxman may want from you.
Like many here I am no expert on this. |
No1Doyen
Joined: 04/07/2008
Posts: 16617
Message Posted:
01/11/2011 12:55 | | Join or Login to Reply | Message 3 of 10 in Discussion |
| Speak to Mine Konat, she will tell you all you need to know and arrange POA.
392 815 5326 |
Dashak
Joined: 08/09/2011
Posts: 31
Message Posted:
01/11/2011 13:00 | | Join or Login to Reply | Message 4 of 10 in Discussion |
| Nice one. Thanks No1Doyen !! |
wattys
Joined: 07/10/2008
Posts: 278
Message Posted:
01/11/2011 14:34 | | Join or Login to Reply | Message 5 of 10 in Discussion |
| Dashak
DO NOT NOT NOT NOT GIVE POWER OF ATTORNEY TO ANY ONE |
hawkeye
Joined: 12/09/2010
Posts: 334
Message Posted:
01/11/2011 14:47 | | Join or Login to Reply | Message 6 of 10 in Discussion |
| we sold our place only a few months ago, and it was 130K, we ended up with 12k1K............so around £9000 for estate agent, KDV and any other tax that the government can gert from youi. £2500 is being held for tax when the assessment is done on our place for a "TAX".......and we were told by our estate agent that it is done by counting our trees!!!!!!!!!!!! Well we put in 15 and we had an enormous Olive already on the land. Supposidley this happens on over 3/4 donum......BUT WHO KNOWS!!!! |
Ballyboffin
Joined: 25/08/2007
Posts: 903
Message Posted:
01/11/2011 21:37 | | Join or Login to Reply | Message 7 of 10 in Discussion |
|
hawkeye,
Reading your posting I thought 'WHAT?'
But having heard and seen everything there, I KNOW that you couldn't even make it up.......
I think that I will be cutting down the trees we planted to sell for logs before we sell .. JEEZ.. What! |
hawkeye
Joined: 12/09/2010
Posts: 334
Message Posted:
01/11/2011 22:01 | | Join or Login to Reply | Message 8 of 10 in Discussion |
| A local man could not believe what we were told either. If we could we would have got back and removed them all............but then our purchasers would not have been very happy. |
BizziLizzi
Joined: 02/08/2011
Posts: 855
Message Posted:
01/11/2011 23:58 | | Join or Login to Reply | Message 9 of 10 in Discussion |
| It is actually illegal to cut down certain types of trees here (cant remember all but includes olives and fruit trees. ) Yes , I know, tell lthat to the builders/develoopers but it does happen to tree preservation order trees in the UK too.
Just in case you are tempted - you could end up with fines on top of all else................. |
hawkeye
Joined: 12/09/2010
Posts: 334
Message Posted:
02/11/2011 10:38 | | Join or Login to Reply | Message 10 of 10 in Discussion |
| we just had no chlice but to go with the flow. Anyway we are now back in the UK and our purchasers are hopefully enjoying our pace as much as we did..... |
North Cyprus Forums Homepage
Join Cyprus44 Forums | Already a member? Login
You must be a member and logged in, to post replies and new topics.
|
