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Tax Declarations in France Information is not to be relied on

In France , anyone (either resident in France or Non resident) who derives income from a French based property, irrespective of where that income is paid or received , must make an annual declaration of that income to the French Revenue authorities.

It is not sufficient to rely on the fact that the income may have been declared to the Uk Inland Revenue.

There is also evidence of increased contacts between the UK Inland Revenue and their French counterparts. As it is a French based asset the French authorities will expect the first option on the tax on that income .

It is also the responsibility of the Tax payer to make the declaration and not simply to rely on the Tax authority sending them a declaration. The penalties for late/non declaration can be severe. source David Gibson - Cabinet Berthet:

The above information is given without responsibility of accuracy. ©jml Property Services 09/05

and French Property Tax Deadline May 09

French Government plans to tax holiday home owners

Apparently this tax, due to take effect in January 2012, will apply to second homes owned by non-residents, whether they are French or foreign! Up to 360,000 homes could be affected, about half of which are thought to be owned by British nationals. Under the new law, the taxman would charge 20 per cent of the theoretical annual "rental value" of a second home, whether it is rented out or not. Homes rented out full-time will be exempt, since their owners are already assumed to pay sufficient French tax. Holiday home owners currently pay domestic property taxes - Taxe d'habitation (if applicable TV Licence include - L'audiovisuel public) and Taxes foncieres. Find out more on this Here June 2011

French Government drops plans to tax holiday home owners

Following the controvesal proposal to tax holiday home owners in France - A meeting was held on the weekend of the 18th / 19th June -11 with President Nicolas Sarkozy, Budget Minister François Baroin and senators representing French nationals living abroad, the proposed tax was dropped.According to a report in Citywire Money "The decision to scrap the tax may well have rested on the fact that French expats – who would also have been subject to the new tax – will for the first time have a chance to vote next year in the presidential elections. Sarkozy is currently seeking a second term in office". July 2011

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