Archive for the ‘Tax changes’ Category

Social Charge Revolution for Retired UK Expats

Wednesday, October 7th, 2015

If you are a retired UK expat living in France, you will be used to not paying French social charges (CSG / CRDS) on your UK pensions, which is excellent news. This is courtesy of EU law, stating that these charges may not be taken on pensions where the beneficiary is under the cover of another country for its healthcare.

Social charges are also not applied to UK rental property, thanks to the UK / France tax treaty. The oddity is that there has been no such law covering the application of social charges for other income, such as from savings and investments, thus expat retirees are paying 15.5% of this income. This is now being put right. (more…)

Release your potential (Wealth)

Wednesday, October 7th, 2015

 

When it comes to money, most of us would like to have a bit more of it than we do. This may be motivated by the need for new car, a holiday, the security knowing it is there provides or, most importantly, the ability to support those we love.

Many of us will have value tied up in places that means they cannot use it, such as in pensions or property. So how can we release this potential wealth?

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New Inheritance law coming this summer

Sunday, July 12th, 2015

 

If you have not been hiding under a rock, you may have heard that a very important law is coming into force that will affect British people living in France and indeed those who just have property here. What is not clear to everybody is exactly what this means to them and how it all works.

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Removal of personal allowance for non UK residents

Thursday, December 11th, 2014

In this year’s budget the UK government announced that it would restrict access to the personal allowance. The “rationale for change” is that people with highly dubious connections to the UK are claiming the UK personal allowance. (more…)

New Additional Tax on Property Gains

Wednesday, December 19th, 2012

Under the last rectifying budget article 24e, an additional Capital gains tax has been introduced for those gains above €50,000, so this is to be applied on top of the rates already in place and is assessed as follows: (more…)

Prélèvement Tax in France – Law Change

Tuesday, November 8th, 2011

As part of the new austerity measures announced yesterday, the rate of the “Prélèvement” tax will be increased from 19-24% (37.5% with the social security contributions) as of 1st January 2012. This will only apply to interest and dividends and bond income, but will not apply to life assurance, which applies different thresholds.

RCS 500 163 282 DRAGUIGNAN,

Conseiller en investissements financiers, référencé sous le numéro F000116 par CIF-CGPC, association agréée par l'Autorité des Marchés Financiers

ORIAS 08038951 Garantie Financière et Assurance Responsabilité Civile Professionnelle Conformes Aux Articles L 512-6 et 512-7 du Code Des Assurances