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.
President Emmanuel Macron promised various tax reforms during his electoral campaign earlier this year. If they all go ahead, there will be substantial changes to how investment income is taxed.
There’s no two ways about it, learning a foreign language is hard work, requiring ongoing determination and commitment.
Between 2018 and 2022, Emmanuel Macron’s government intends to phase out the taxe d’habitation for 80% of French resident, leaving those with an annual taxable revenue in excess of €20,000 per person to foot the bill.