France # 39; tax rate of 75% approved
Further the French taxation information is on our website using this link.
Please note that the information provided in the articles found here can replace the relevant sections below.
French tax - a brief overview for those who want to live in France.
What are the taxes levied in France, and what are my responsibilities in this area it's taxation issue, but that must be asked and answered by all who live or hope to live in France Life in France How the French tax How do system work I make my declarations, pay taxes and when my French is actually responsible tax in France, which is responsible for taxes on the dreaded French fortune what, when at home, is VAT.
Let yourself tax professional before going to live in France.
The information provided below is intended to give a concise and hopefully reasonably accurate guide of sorts to French taxes you come in contact with France, but it is important to emphasize that it is essentially the leader of a secular, non-legal document and you should always take professional expert advice in French tax matters further, know that the situation is in a state of flux, especially at the time of writing in 2007, although updates have was added in October 2010 Nicholas Sarkozy starts his new changes of the Presidency and the most important are expected in this area.
This is the first issue to address as many people find the French tax issue confusing In short, if you are resident in France, you are considered responsible for taxation in France A French resident is someone who has his main residence France and spends most of their time in France, and who spends at least 183 days each year in France, or that their professional and financial interests mainly centered in France and if you are resident in France and thus subject to pay the french tax, you are liable to pay tax in France on all your goods all over the world they are.
If you're one of the many Britons who have financial interests and often homes in France and in the UK, it is important to know that there is a tax treaty between France and Britain who avoid paying double taxes If you pay tax in Britain on your British interests, the French tax authorities will issue a tax credit for that amount so you do not have to pay twice.
The taxes which will affect most people include tax VAT on goods purchased tax fonciиre tax owner, home of tax Tax occupying the property, income tax, social, social security contributions and financing of care health and TV license fee vehicle tax are no longer paid each year in France, but there is a charge you have to pay when you save a new car, and it works instead of the renewal fee it is also, for the running of some companies, tax Professional extra taxes you might have to face include the tax on wealth, inheritance tax and tax on capital gains all it needs -Dessus to be carefully considered along with the decision to move to France or to purchase property in France.
This is similar to the British system of VAT letters represent tax а value Ajoutй and the French tax applied to most products you buy, to a greater or less There is a standard rate of 19 6, although that there is quite a few situations where this amount differs is, for example, VAT on food, but the normal rate is significantly reduced for this this is automatically added to foods and goods, but remember to ask if included in large purchases as it can make a big difference to the overall price.
Those who want to renovate a French property note that it may be cheaper to employ a builder to install the materials to buy materials and make your DIY building or extension of property in France While working on the property yourself, and are not a registered craftsman working in ar el system of taxation, you will pay the higher rate of VAT on June 19 on all purchases of materials even if you use a craftsman not registered under the new regime of self contractor both levels VAT system means that traditionally registered craftsmen who pay VAT can charge for the materials at the lower rate of VAT 7 used to be may 5, and pass the savings to the customer in the form of a draft law less This means that it can actually be cheaper in the long run to use a craftsman to do the work that you do -even Yet another reason to avoid the cowboys and employ registered professionals.
You should also be aware of the different rates of VAT at play old and new property Any property that is more than two years is eligible rate 7 VAT on the work, while the work on most properties Recently must be loaded to 19. 6
This is the French tax which is levied on the property and is payable by any person who owns a property in France, so if you rent your home to someone she does not concern you because it must be paid by the owner This tax is due in mid-October to mid-November, and the amount varies a property and place to place, because it is essentially a French municipal tax and tax Fonciиre tax Habitation - property tax in France .
This is another French tax advice, but this time applies to residents of a property rather than the owners so if you rent a property in France, you will pay the property tax if you also own and live in your property, you, of course, responsible for both tax the tax is levied on residents of the French property of January every year, so if you do not occupy your property until, for example, March, you will not be responsible for this year.
Remember also, that the television license will be added to this bill, and you pay even if you only use your TV for a monitor for your computer, or to view videos If you do not have a TV at all, you should inform the French authorities and request to have this tax removed from your bill.
The important thing to remember about the French tax income than the fact that you have to pay is if you are a tax resident in France it has to be paid on your worldwide income, not just what is gained France This statement is due in May, but it refers to a taxation year that takes place simultaneously with the calendar year, unlike the British system when the short tax year from April to April it is also possible to complete your tax return.
The tax form French income requires you to declare all your income, including your business income or employment, your income from property if any, capital gains and pensions or other payments you can receive It is also important to understand that if you own a property that France let you out, even if you do not live in the property yourself, you must declare the income in France tax treaty between France and the United Kingdom will ensure that you do not pay twice the buy-to-let property in the south of France.
One last point and very interesting regarding French tax income in France, you are taxed as a family, not as an individual calculation takes a husband as a unit, as a woman another, the first two children as half a unit per child and subsequent children as a unit each to family size and determines the amount of tax that the net income is divided by the number of units in the household .
Business tax - for those who own businesses in France.
Those who have a business in France will also be a Professional Tax form to send in January, which simply describes the amount of business income separately from all other income This tax is payable by all those whose business income is above a certain amount this amount can not be said that it depends on individual factors such as the amount payable Some companies are even exempt from this tax the best thing to do is to ask your local City Hall tax, like others, is applicable to those in January 1st affairs of a given year and Gоtes Possessing Bed and Breakfast B hosts France.
There is a high level of health and social care in France, and this must be financed by taxes The standard load is called CSG social contribution Generalisйe There is another charge that was introduced in 1996 to fight against debt in which the system French social itself found This is known as the CCSR for the contribution of the Redemption and social debt levied at a rate of 0 5 Finally, those who have rental income will pay an additional charge of about 2.
The dreaded tax on French fortune affect anyone whether in this case refers to all households rather than individuals, so that both are charged on the sum of their joint assets with assets around the world exceeds 790,000 euros subject to change, but correct, in October 2010, if they are french residents Although an Act passed recently in October 2010 allows newcomers in France to not count their non-France to tax based on assets fortune for the first five years if they are not french tax residents this concerns only their french assets there are exceptions and allowances to the tax, but if you feel that you can fall in this range, it is important to seek expert advice to minimize your legal liability.
The final category of general taxes payable in France includes inheritance tax and gift tax Inheritance is a very complex issue in France, and it is essential to seek expert advice and make sure that you understand all the implications before settling in France, as it is very different from the law of the United Kingdom, the threshold is lower, the rates are higher and there are restrictions on the persons to whom an estate may be bequeathed in addition to this, if you are a French resident, all your assets worldwide are subject to tax on French estates There are legal steps you can take to reduce the impact of these taxes and French laws and financial specialists can usually advise notaries.
If you want to know more about the French tax system and get a more accurate picture of what your tax bill might be, why not contact legal counsel.
the French tax system is a very complex issue, but if you go to property in France and become a French resident, it is a question to which you are bound to familiarize themselves is beyond the scope of this article for details with precision all aspects of the system, and it is in no way intended to take the place of an expert financial advisor on the contrary, it aims to briefly describe the type of taxes that may affect the ex-pats who buy or, in some cases, rent property in France.
French tax situation is also likely to change at any time, even if the author believes that the information above is true at the time of writing, it is not guaranteed to be a complete and correct legal document All readers are invited to take expert advice before getting involved in the french tax system.
Joanna Simm moved in the Languedoc region of southwestern France in October 2004 after finding his property by French ownership ties Information in this article was also provided by Rob Hesketh.
1 A question about the French tax assets and income tax added July 11, 07.
Please indicate the current level of inheritance tax in France, what is the basic rate of income tax and allowances are given for a single person in respect of the free compensation.
All rates are 2007 for 2006 income and are underway for the inheritance.
IHT - paid by the beneficiary and not the succession rate of IHT depends on who is inheriting.
Between parents and children under 150,000 euros 0 Euro 7600 next 5 Then 7600-11400 11400 EUR 10 EUR 15 000 15 15 000-520 000 20,520,000 850,000 euros to 30 euros from 850,000 to 1,700,000 35 1,700,000 More € 40.
Sibling least € 15,000 0 23,000 euros next 35 More than 38,000 Euros 45.
EUR 5614 EUR excluding taxes after 5584 taxed at 5 5 Next 13674 EUR 14 EUR taxed at 41807 Next taxed at 30 Do not forget the social charges 11 above these rates.
2 A question about the Inland Revenue French added 30 October 08.
Do you have a contact email for the French domestic income.
Jo Rhodes French property links editor replied.
Thank you to contact us I tried to find, but seems unable to contact the tax office via links from their website by asking specific questions in the Internet section, I can not see the email addresses for offices local, only addresses and phone numbers Perhaps you could spell one you need to see if they have an email address for you to use Sorry, I can not be more helpful.
Can you help at what level you begin to pay VAT We just bought a tourist gift shop in Britain.
Thank you contact us Tax issues can be very complicated so I'm not a tax expert, I suggest you contact a legal adviser, perhaps our site on one of the following pages.
4 A question about the tax ISAs and the UK added 5 June 10.
Could you PLEASE let us know if we have to pay French tax on our tax-free ISAs in the UK, we moved permanently to France in May and are now in the system French health of We fulfill our first tax form in may in France and retirees we will if we have suddenly sunk to pay tax on our ISAs Thanks for any help you can give us.
Jo Rhodes French property links editor responds.
A colleague in France is able to provide the following additional information.
There is no direct responsibility in France to interest earned in the UK on an ISA However, the annual amount of this interest earned should be included in the additional pink form No 2047-K in Section VII this total should then be entered on line 8 on the main iT declaration blue revenues that total will be grouped with other revenues in France to determine the level of barкme tax payable Normally this will not be enough to change potential liability.
I thought I would say that we have fulfilled our tax declaration and actually felt we had to face this face-to-face with a tax officer, just for peace of mind Anyway, she ISA photocopied our information, did his research and we contacted a few weeks later to say that we do not have to pay tax on the interest on our ISAs is already Degrève While his relief.
5 A question about the tax on commercial properties added 26 Jan. 11.
Hi there - I read that if you buy a commercial business in France for example, a camping or former hotel, you must pay an additional $ 18 6 purchase fee above all others, is that correct fee .
Jo Rhodes French property links editor responds.
Thank you for contacting us, however, as I am not a tax expert and these can sometimes be complicated, I suggest you contact a Legal Adviser, perhaps using the next page of our website.
6 A question on changes to property taxes added 3 April 11.
Hi - I wonder if you have heard of new taxes on the sale of a property, even if the property is your primary residence that I am about to sell my house here that is my primary residence and were invited to complete before 31 December from 1 January 2012 all sales will be subject to Dec. 1 tax on any gain.
Jo Rhodes French property links editor responds.
We thank you contact if I have to say I have not heard of new taxes on the sale of principal residences in France, I had the impression of a principal residence would be even exempted However, as I am not an expert in this area as mentioned above, perhaps you could contact a legal adviser, perhaps using the next page of our website.
Hi there - I have a question that is not covered in your article on it is tax annual car tax in France, I have two cars both registered in France with a vehicle registration certificate and both insured but I didn car tax or have I paid when I registered cars and if so is that once payment hope you can help.
Jo Rhodes French property links editor responds.
Thank you to contact us vehicle tax currently paid each year in France and the UK There are a tax on fees you paid when you register your car, and it works in lieu of a tax annual This would have been a single payment no additional tax because of your cars.
8 A question on taxation of people who work outside France added 22 July 11.
I was hoping you would be able to provide guidance on how the tax system impact me and my partner I plan to take a job in France, and would be responsible for the usual tax My partner would continue to work in the United Kingdom but reside in France for four or five days would be the french tax system to submit all french taxes, or because of the double taxation agreement, is not or only residence tax.
Jo Rhodes French property links editor responds.
Thank you to contact us tax issues can be very complicated so I'm not a tax expert, I suggest you contact a legal adviser, asking perhaps your question using the following page on our website.
The fees are not always paid if the question deserves a rapid response.
9 How to stop payments to URSSAF retired added March 20, 2012.
Frank P posed the question concerning payments URSSAF URSSAF's recovery from unions Social Sйcuritй contributions and Family Allowance, which means organizations for the payment of social security and contributions for family benefits they collect security contributions social employees and employers.
I reached the age of retirement in the UK 65 August 2012 I live in France since 2000, to pay French tax and contributions URSSAF on my private pension in the UK, and have no worked so my wife and I rented two properties as holiday homes I understand that I should stop paying contributions URSSAF when I retire, but can anyone tell me what is the procedure I have to go through the URSSAF to stop the payments.
If anyone has more details on what would be fantastic if you could let us know using the box below Thank you for your help.
10 A question about VAT on new build property added July 31, 12.
We are building a vacation home in the south of France Is a new construction attract VAT zero-rated VAT ith we are required to pay tax bills working materials.
Jo Rhodes French property links editor responds.
Thank you to contact us I understand that the new buildings of less than two years would incur VAT on labor materials June 19 However, I am not a tax expert, so for the confirmation of what I suggest you contact a tax advisor or legal or even manufacturer may use our business directory.
Does the building by a registered VAT manufacturer of wooden veranda and also wood decking at the front of a house each qualify for VAT to 7 instead of 19 to 6.
Jo Rhodes French property links editor responds.
Thank you to contact us I think they would be eligible for VAT on 7 materials, if a fully registered manufacturer, as the property is over two years but, as I am not expert, I suggest you Contact perhaps a manufacturer of business directory section of our website, for advice.
12 A question about who to contact about Fonciere added tax 27 11 December.
I have a house in France and have not received my tax Fonciere Notice I can not find a Web address on this site or any other where I can send thousands of whingers investigation complaining to another, but no reference to official contacts within the french government sent the questions you can answer this monitoring.
Jo Rhodes French property links editor responds.
Thank you to contact us In our article tax Fonciиre and tax of Housing - property tax in France, it is mentioned several times that if you have questions about these taxes, you must contact your office of the local council Owners Taxes Center or Cadastre office or even your Mayor.
I do not own a television nor in my house in France - I paid television fee last year and asked to be reimbursed, I loaded again this year I have not been paid for Last year.
Thank you for contacting us I do not know why you're billed for that I persevere in your local property tax offices Owners Taxes Center Cadastre Office or to get them to sort Maybe your Mayor can help.
14 A question about the statement of rental income on tax returns added 28 February 13.
I just started to leave dealling property in the French Alps with this in so re payment in the UK and it is only British residents who we let in I report on my tax return to do it now, I have declare in France and.
Jo Rhodes French property links editor responds.
Thank you to contact us I would not think you do, if all this is done through the United Kingdom, but since I'm not an expert in tax matters, I suggest you contact a tax or legal counsel for advice experts.
15 Another issue Tax on rental income added 25 July 13.
My wife and I own a small house in the department 66 We have owned and enjoyed frequent visits to the region since 2000, now retired, we can no longer afford the maintenance and the cost of travel we had the house on the market for sale for two years, but can t find a buyer we expect the furnished house to a local French family and accepted a rent of 400 euros per month, it is likely to be a long we are happy to do it and to understand the implications Who let us pay taxes on our profits rental we are UK taxpayers and will of course declare our income to our accountant, therefore pay UK tax on Income.
However, we have read recent reports in the newspaper of a proposal from the French government that the tax must be paid their Is that right hope you can shed some light on this.
Jo Rhodes French property links editor responds.
Thank you to contact us I think you just need to pay tax in the UK, but I'm no expert, I suggest you contact a tax or legal advisor for more details on this Maybe you may contact the following people, who provided our site with many articles on taxation.
Virginie Deflassieux or Catherine Le Pelley at or by phone 44 1481 727927 You can also visit their website at PKF before.
16 A question on Tax Fonciere added October 18, 13.
Hello, could you please confirm that Fonciere payable tax on a plot of land with planning consent, but construction has not begun.
Jo Rhodes French property links editor responds.
Thank you for contacting us in response to your question, I understand that Taxe Fonciere could be paid on land with and without planning consent, but this is usually at a lower rate than the rates and rules seem to vary between the region and the tax administration, I suggest you contact the offices of the local council Owners taxes Center or land registry office, or the City Council, which should be able to advise.
17 A question about VAT charged on the added holiday cottage 26 March 14.
I have a question about VAT rates on deposits and wonder you might be able to answer or point me in the right direction, I have two houses in Languedoc The company is set up as a Customizable company, diet coil Simplifies was told at the beginning that I should pay 7 VAT charged on the rental of cottages, but the local tax office has recently said that it should actually be 19 June 20 during Could you say thank you a lot.
I'm a bit confused by your question VAT is currently charged at 20, it was June 19, but it is the income tax which is levied on rental income cottages once your deductible expenses are deducted from your gross rental income the rate of income tax will depend on your total income not only for this holiday cottage in the previous year, after allowances were taken into consideration This can often be complex, and as I'm not an expert on material, I suggest you contact a tax advisor for clarification that I am sorry not to be able to help.
18 Questions about property taxes on new construction, and life there added 27 May 14.
We are building a new property, we are returning in July for four months to continue building We would live on site - is this possible so we will be responsible for tax or Housing Tax Fonciere.
Thank you for contacting us I do not see why you would not be able to live there, but I think you need to check with your local council about it and I do not know if you've read our article tax Fonciиre and tax of housing - property tax in France, but here we say some new buildings are exempt from property tax in France for the first two years, but you must apply to the authorities, however, these discounts are given if you have submitted a return tax in France, stating your income, they are automatically given by the local tax authorities when submitting your tax return, so you are traveling for four months this may not be possible, it is always worth checking so, especially if the services are yet to be connected, or if it is uninhabitable, so I suggest you contact your local council office Center of Land Taxes and Cadastre Bureau for advice.
19 A question about tax limited income added 26 June 14.
I wondered if you live in France and make home goods such as postcards do you have to declare all the income from your sellings if you sell on such a place as a test or is there a certain amount you can be under and not have to report your income having started business and need to know from Don not expect to do much.
Thank you for contacting us I have the feeling that you might have to report all income, even if the tax may be due, but I'm not a tax, I suggest you contact a tax advisor for specific information that, he, it could also provide guidance on when the tax will be paid, the amount you can earn without paying tax depends a lot on your situation.
Maybe you can check with Virginia Deflassieux Catherine Le Pelley or Kirsty Green BDO Limited They provided much of the information contained in our details tax items are as follows.
Tel 44 1481 724561 Fax 44 1481 711657 Email Website - click French taxation.
You may also use the following legal services may be found on our website.
20 A question to pay tax on the leased property in the UK living in France added 8 September 14.
I am confused if I had to pay levies to the social tax year income of my rented property in the UK, I live in France for seven years and it still seems to be a mystery if I should pay.
Thank you to contact us I'm afraid I can not suggest you contact a tax advisor about it, as I am not tax expert Maybe you could try to BDO Limited They provided much of the information in our contact details are as tax items in our response to the previous question, you can try legal services mentioned herein.
21 A question on general taxes payable on a holiday home in France added 12 February 14.
I'm not French, I would buy a vacation home in France What is the tax I pay every year, and there are other tax liabilities and pay every year so I can get a visa resident long Thanks and waiting for your answer.
Thank you to contact us I'm not sure what nationality you are, but for UK residents citizens, the main annual fees, they must pay on holiday homes are property taxes french see our tax Fonciиre and tax Habitation - property tax in France Although I'm not expert on the subject, I suggest to contact a tax adviser for legal advice visa experts, British citizens do not require a visa for France if they hold a valid British passport, but the visa regulations for other nationalities I suggest you contact the French embassy.
22 A question to be taxed added twice February 12 14.
Hello -I was wondering if you could provide information on the question, I am a permanent resident in France, working full time and I will be offered a small part-time job during the weekend in the UK Will I be taxed twice on income in the UK to France.
Thank you for contacting us We have many articles on taxation in France on our site, I do not know if you saw, but basically if you are a French resident, you'll pay tax according to French law, you will have to pay tax on income earned anywhere in the world so I think you pay tax in France and not in the UK wherever the tax is paid, however, the tax treaty between France and the United Kingdom assure you would not need to pay twice.
But as I'm not an expert in tax matters, I suggest you contact a tax counsel for advice can contact BDO Limited They provided much of the information in our tax articles The details can be found below on it, as well as details of other legal services.
23 questions about the rental income change added 23 April 15.
Hello - before I filed French tax returns on income and unfurnished Micro via an agent I rent my property now, my mom takes home a free base load, I guess I will not pay the is tax I receive no income I notify an agency of this change that I pay tax and tax of Housing Fonciere I live in Switzerland a big thank you in advance.
Thank you to contact us so I guess you do not have to pay income tax now there is no income, but I'm no expert in these matters, I suggest you contact a tax advisor You can try this BDO Limited, their contact details are as follows.
Tel 44 1481 724561 Fax 44 1481 711657 Email Website - click French taxation.
You may also use the following legal services may be found on our website.
As for who should tell you, I would say that the tax office to which you paid your income tax before it should be said, but again, I would check with relevant experts.
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