-
Explainer: who pays France’s CFE business tax and what exemptions?
We look at the rules around this tax, which also applies to self-employed workers
-
Will my children’s university expenses be liable to French gift tax?
Children may still be 'attached' to their parent's residence for tax purposes whilst at university
-
What you can challenge on a French taxe d’habitation bill - and how to do it
Over €700 million was erroneously collected for the property tax last year
Taxation on rental income
Reader's query on taxation on their rental income.
I have been told if I let my only home in France and rent in the UK I will not be taxed on the rental income in either France or the UK. Is this true? R.F.
No, it is not true. If you let your home in France, the income will be liable to taxation since all income is liable to taxation with minor exceptions such as certain French tax-free bank account interest]. If you rent a property in the UK because you have nowhere else to live, then you will be a UK tax resident, and the income from the above let will be taxed first in France, and then in the UK with a tax credit for the tax paid in France.
Reader's query answered by Hugh MacDonald
If you have a money query send it to news@connexionfrance.com We select questions for answer every edition
- The information here is of a general nature. You should not act or refrain from acting on it without taking professional advice on the specific facts of your case.
- No liability is accepted in respect of this article. It is intended only as a general guide. Nothing herein constitutes actual financial advice.
- The Connexion welcomes queries and publishes a selection with answers every edition. However, please note that we cannot enter into correspondence on money topics. Queries may be edited for length and style. Due to the sensitive nature of topics we do not publish full names or addresses on these pages.