If you ever had the feeling that you have spent half your working life just paying tax, you are not far wrong, what with income tax, national insurance/social security, capital gains tax, VAT, council tax, excise duties …
Find out what you and Europe have in common on Wednesday, 5 December at 18h30 in the Centre Culturel of Collioure.
Those earning UK income should benefit from an early increase in the personal allowances to the 2020 levels pledged in the Conservative manifesto.
By making the lifestyle choice to live in France, you will want to make the most of what this country has to offer by enjoying the beautiful scenery and climate for as long as you possibly can.
Last September, tax authorities across the world, including France and the UK, began sharing and receiving new information on their taxpayers’ offshore assets and income.
Is the uncertainty over Brexit causing you uncertainty over whether to stay in France or not? Whichever side of the Brexit divide you are on, and in the knowledge that “nothing is agreed until everything is agreed”, there are some important issues to be aware of concerning life assurance-based investments.
How much tax will I pay? If you have not accessed your UK pension and then taken it all as a lump sum, you could pay just 7.5% in French taxes (other conditions apply).
Should you keep hold of UK investments in France? You may have accumulated Premium Bonds, Individual Savings Accounts (ISAs) etc over the years, or bought shares in UK companies – but are these suitable investments for your new life in France?
There are many attractions and advantages to living in France. However there are some drawbacks too, such as unfamiliar local bureaucracy and a complex, expensive and frequently changing tax regime.
Whether you are moving to France, have lived here for a while or you’re just interested in how gas and electricity differs between France and the United Kingdom, this may be of interest.
