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