Paphos People

Hi, just been reading all the news on tax on pensions. Anybody know about DTT's? My husband and I will be moving to Paphos next year and we are both retired. We are coming with Danish Pensions which are taxed on source, so we receive our pensions net. there is no question of not paying Danish tax as it is their rule that they have retained the right to tax all pensions, whether you live there or not. . My question is, if anyone knows, will we have to pay any tax at all, seems to me we shouldn't as we have already and they DO have a tax treaty. Our tax here is 38% which leaves us with about 4000 euro. We don't want to pay anymore of course, does anyone know about this situation. Also, is 4000 euro okay to live on per month.

I am sorry that I know nothing of your pension situation, except for the fact that €4,000 / month would seem to me more than ample.

The ordinary UK state pension would average at about €500 /month per person.

Lots of people, us included, manage on this.

Regards. Trev..

_________________
I HAVE A PICASA WEB ALBUM SHOWING THE BUILDING OF OUR HOME IN POLEMI. IF YOU WOULD LIKE TO VIEW IT, THEN JUST SEND ME AN EMAIL OR PM, FOR THE LIVE LINK.

Hi, Maybe Carol Watkins of White & Georgiou (Who advertise here on Paphos People Business directory) could help you :-

http://www.paphospeople.com/white_georgiou.html

_________________
Mal