UK Spring Budget: More detail on changes for Britons in France Pension top-ups, capital gains, holiday lets and inheritance were all in the chancellor’s announcement
How UK’s Spring Budget may affect Britons living in France Changes include issues such as capital gains tax and pension top-ups
Do we pay French CGT tax on the sale of our UK house? Rules depend on the tax treaty signed between two countries
practical French MP seeks new way to pause second-home sales capital gains tax The proposal to encourage owners to sell and free up property for main homes was initially rejected but is likely to get a second chance in spring
Sale of French second home causes capital gains tax worry We look at the paperwork and bank statements needed to calculate CGT when selling a second home in France
What capital gains tax on non-residents’ former French main home? There can be declarations to be made in both countries when a resident abroad sells a French property
Will EU nationality help tax situation when selling second home? Country of residence is in most cases the most relevant factor to capital gains
Does French pension mean I pay higher social levies on CGT? A possibility exists of paying less on gains depending on your social security situation
‘Think ahead to save money on capital gains in France’ Partner article: Rob Kay from Blevins Franks explains how assets are taxed in France and important considerations when moving to or leaving the country
Save capital gains tax by moving to French second home before sale If you are facing a large capital gains tax bill by selling your home in France it could be worth moving there
Are there any benefits to putting French mountain chalet into SCI? Moving a property into a property holding company may have advantages, but there are also potential complications and costs
French property tax: buying, selling, capital gains, inheritance Partner article: Rob Kay from Blevins Franks explains the tax implications of owning property in France for UK nationals
Extra step in French property sales for UK, US, Australian residents Non-EU citizens must use a fiscal representative to deal with capital gains tax. We asked one such intermediary what is involved
When are property sales in France free from capital gains tax? Exemptions come with certain conditions - we give six examples Should I declare capital gain in France from selling overseas home? Must we pay French capital gains on a house owned for almost 30 years? French social charge reduction: How can we prove NHS ‘membership’?
French second home owners: capital gains tax cut explained In our monthly money column you'll find advice on important financial matters in France. In the August issue, Hugh MacDonald explains if and how British second home owners in France are eligible for French capital gains tax cuts. MP wants to cut capital gains on French second homes (in some cases) Capital gains tax in France explained: Renovation materials Two questions on property capital gains outside France Capital gains on UK investments Short residency in France is OK for CGT exemption
Capital gains tax deductions for French property? My wife and I bought a holiday property in France in 2001. We are resident in the UK.
Non-residents can claim refunds on social charges A long-running saga about social charges for non-residents and others who are not part of the French social security system is coming to an end with a reduced rate of 7.5%.
Effect of donation-partage on CGT in France Some time before a UK resident sells a holiday home in France they may have made a donation-partage to their children (a legal procedure, sharing property among one’s children in one’s lifetime; for example giving them a legal right to a house, while retaining lifetime use). In some scenarios this might later have been revoked. How does this affect French capital gains tax and social taxes when it is sold? W.O.
Capital gains tax rules in France and the UK When it comes to selling a property, and you know that the sale price will be greater than what you paid for it, one of the immediate concerns might be to know how much the tax office is going to take.
Paying impôts can help avoid paying capital gains tax I have lived in France for four years full-time and I am now about to sell my house. However, I have been told that I will be charged capital gains tax on the sale. Surely this is not correct? Can you advise? J.P.
Tax implications of property gifts in France The donation of nue-propriété of a parent’s home to a child appears at face value to be an attractive tax-efficient inheritance option as long as the donor lives 15 years. But what are the capital gains tax implications? I.H.
My PEP did not benefit from 65% reduction You replied to a query (Connexion, July) on the tax payable in France from a capital gain on a share sale, saying that as the shares had been held for more than eight years a reduction of 65% would apply to the gain. In 2016 we cashed in a PEP held since 1996, giving rise to a sizeable capital gain. Hoping for a similar reduction, we spoke to our tax office but were told it did not apply. It may help others in this situation if you could give background information on this. Plus, on our 3916 tax form, beside the list of UK bank accounts, is mention of declaring ‘assurance vie’ contracts. What, if any, UK investment plans fall into this category? J.H.
Wrong address on invoice: can I still reduce CGT? I am selling a property, and the notaire will not accept certain invoices to diminish the capital gains tax liability as they do not show the correct address or are not marked ‘ facture ’. I cannot get two large invoices re-done as the supplier, in this case a mason, has died and no one took over his business. Is there a procedure whereby I can swear an oath to the effect that they are genuine and were paid by me? I.M.
How are capital gains calculated on UK shares? We are selling shares we bought in 1972 and these are showing considerable capital gains (purchase price £2, current price £22). Are capital gains for these shares calculated on their UK purchase price or value at time of taking residence in France? R.M
Social charges and non-residents' capital gains I am being told that despite a ruling by the European Court, social charges on capital gains for non-residents have been reimposed from January 2016. Is this correct?