FabSwingers.com
 

FabSwingers.com > Forums > France > UK resident - tax status from 1st January

UK resident - tax status from 1st January

Jump to: Newest in thread

 

By (user no longer on site) OP     over a year ago

The French tax authorities have confirmed that from the 1st January 2021, the UK will be considered as a third state in the EU.

As a result, UK residents will no longer benefit from the treatment applicable to EU residents on two important aspects:

- they will have to appoint an accredited tax representative in France when they sell their French property (except for specific cases exemption);

- they will no longer benefit from the exemption of social levies (CSG and CRDS) and, therefore, the tax rate of 17.2% will apply to capital gains tax on the sale of a property completed from the 1st January 2021, making a total tax rate of 36.20%.

Another impact of the UK leaving the EU...

Reply privately, Reply in forum +quote or View forums list

 

By *mmacdheelsTV/TS  over a year ago

France, Not in

Capital gains! How many lucky ones manage to make 'gains' on French property when the market always seems to be going backwards.

Reply privately, Reply in forum +quote or View forums list

 

By *mmabluTV/TS  over a year ago

upton wirral


"

The French tax authorities have confirmed that from the 1st January 2021, the UK will be considered as a third state in the EU.

As a result, UK residents will no longer benefit from the treatment applicable to EU residents on two important aspects:

- they will have to appoint an accredited tax representative in France when they sell their French property (except for specific cases exemption);

- they will no longer benefit from the exemption of social levies (CSG and CRDS) and, therefore, the tax rate of 17.2% will apply to capital gains tax on the sale of a property completed from the 1st January 2021, making a total tax rate of 36.20%.

Another impact of the UK leaving the EU..."

Quite right why should the French give tax breaks to people from other countries?Why should any country give tax breaks to overseas residents it is the way it should be

Why should they have any rights to fish in our waters?Why should we have any rights to fish in theres?It is nonesense

Reply privately, Reply in forum +quote or View forums list

 

By *coptoCouple  over a year ago

Côte d'Azur & Great Yarmouth

Diver, your profile reads: "I live in France but visit the UK occasionally..."

So why not become a French resident? Otherwise, apart from the tax consideration, you'll be subject to the 90 day in any six-month period restriction.

Reply privately, Reply in forum +quote or View forums list

 

By *izzabelle and well hungCouple  over a year ago

Edinburgh.

Good.

Reply privately, Reply in forum +quote or View forums list

  

By *elly39devonCouple  over a year ago

tavistock

hi we sold an apartment at cap d'agde made a huge profit so it does work sometimes

Reply privately, Reply in forum +quote or View forums list

» Add a new message to this topic

0.0156

0