Anette Lorimer
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RE: Tax on German pension
Question for Gary C as you seem to be very much in the know regarding the German tax authorities and I have read through some very helpful posts of yours. I have been receiving my German pension since Oct 23 ,have finally sorted out my German tax and received my tax statement for 2023/2024 a couple of months ago. I didn't expected the tax amount to be that high but as I am not a German resident I am not entitled to the Freibetrag. I have got the documents from Germany to set up a SEPA Direct Debit Mandate with them but it seems not every UK bank excepts these mandates from Germany . Have you had problems with getting this set up ? I am also thinking of setting up a Euro account to reduce some of the exchange rate losses but seem to have a problem sourcing the UK bank which will set up a current account and a Euro account . Is your Euro account a stand-alone account ?