-
Millions in France to see two tax debits from bank account today
One payment relates to property tax and the other to income tax
-
Plan for capital gain tax to apply to some main French homes
Current exemption would only apply after five years of ownership with some exceptions
-
Could France soon become cashless?
Cash use is declining except in certain specific situations
French tax exemption for rentals
There is an income tax exemption for people who rent out a room in their home, which avoids the need for the property owner to declare the income under the micro-BIC regime.
However, the rent must be low.
This year, the ceiling is set at €190 per square metre rented out in Ile-de-France, or €140 in the rest of France.
You can add a proportional contribution to expenses, such as utilities, to this amount.
Stay informed:
Sign up to our free weekly e-newsletter
Subscribe to access all our online articles and receive our printed monthly newspaper The Connexion at your home. News analysis, features and practical help for English-speakers in France
