Moving abroad: EU Savings Directive

kaloss

I just moved abroad to an EU country but I left my account open, with some saving in it.

I just received a letter stating that under the EU Savings Directive I must report my tax number in the new country I am living.
The problem is that I still don't work in the new country, thus I still don't pay taxes, thus I don't have a tax number.
This situation will go on for other few months and after that I might
move back to UK or to another different EU country.

What should I do? I mean, if I don't pay taxes in the new country I should not pay taxes on the interest of my savings (which are not enough to pass threshold of lower earnings), so I should be fine, but I am still worried I might get in troubles for not reporting my tax number.

atush

If you aren't sure you are staying, you aren't resident. Get a job and a tax number, or say you are on vacation there until you do or move on?''I have had a house in france for over 20 years, and have never had such a letter lol.

Thrugelmir

atush wrote: »

''I have had a house in france for over 20 years, and have never had such a letter lol.

As the old Inland Revenue saying goes "Ignorance is no excuse".

RetiredInThailand

Although the EUSD doesnt apply to me I still occasionally get circular letters about it from my UK and offshore banks etc.

The last one I looked at said that if you are a EU national living in a EU country you should either supply your tax ID/NI number in the EU country you are living in or your tax ID/NI number of your EU country of origin. Those who could not do either were invited to call the bank.

atush

Thrugelmir wrote: »

As the old Inland Revenue saying goes "Ignorance is no excuse".

I am not tax resident in France (nor am I tax resident in the EU) and my house value is below the rate they tax expats. Plus holding assets there over 20 years brings taxes down re their version of CGT.

atush

RetiredInThailand wrote: »

Although the EUSD doesnt apply to me I still occasionally get circular letters about it from my UK and offshore banks etc.

The last one I looked at said that if you are a EU national living in a EU country you should either supply your tax ID/NI number in the EU country you are living in or your tax ID/NI number of your EU country of origin. Those who could not do either were invited to call the bank.

I think the OP's problem is, they aren't resident yet as they dont have a firm intention to stay and haven't found work so aren't earning. If they stay they would need to do this. If they aren't staying and dont become tax resident, they don't.