If you are a UK national living or considering a move to France, it is important to get your financial needs in order. The French tax system operates a lot differently than most countries, including the UK. There are certain things you can do which could significantly reduce the tax you pay in France which will be explained in this text. It is important to understand the basics of French tax law to avoid hefty fines. It is also important to understand how pensions and QROPS are taxed for Expats, as this could significantly change the outcome of your pension income in retirement. The areas we will cover include:
- Reporting on foreign assets
- Defining a French resident
- French tax position for residents
- Assurance Vie
- Capital Gains Tax and investment income
- Social Security Contributions
- Wealth Tax
- Succession and Gift Tax
- Corporation tax
- UK Pension Options
- Taxation on UK Pensions
- How do I avoid the 7.4% social charge?
- Taxation on Lump Sums
- QROPS in France
It is important to note that the information provided on this website is just a guide hence before making any decisions it is always advisable to talk to one of our independent financial advisors today to discuss your personal requirements in more detail.