Would anyone have experience of living in France and renting out property in England with regard to taxation. My wife and I receive Income from three properties that we let in England. We have been told that we will have to register this part-time business in France as a “loueur en meublé professionnel” If not we could in the future be liable to “Wealth Tax”. However, we would have to pay the minimum social security payments if we register as a firm. We are told if we can register with a similar association in England we may not have to register in France. Would anyone have any experience on these matters? Or on general Taxation when moving to France?
Living in France- French tax on UK property?
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Originally posted by John PageWould anyone have experience of living in France and renting out property in England with regard to taxation. My wife and I receive Income from three properties that we let in England. We have been told that we will have to register this part-time business in France as a “loueur en meublé professionnel” If not we could in the future be liable to “Wealth Tax”. However, we would have to pay the minimum social security payments if we register as a firm. We are told if we can register with a similar association in England we may not have to register in France. Would anyone have any experience on these matters? Or on general Taxation when moving to France?
RamnikPrivate advice is available for a fee by sending a private message.
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by DoricPixieYour tax situation in Australian depends on whether you’re a permanent resident/citizen or a temporary resident. If you’re a temporary resident you find yourself in tax sweet spot where HMRC doesn’t care about your Australian income and assets and the ATO doesn’t care about your UK income and...
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Channel: Tax Questions
24-06-2022, 14:29 PM -
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by mucker973Hi All,
I have a property I used to manage myself. The tenant paid me directly and I never declared it with the taxman. Going forward I have decided to use a letting agent to manage all of this. I currently reside abroad and when filling in the forms there is question which essentially is asking...-
Channel: Tax Questions
24-06-2022, 07:39 AM -
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by Gordon999If you are living overseas, you must register as a non-resident landlord using NRL1 form to Tax Office if you receive rental income from a UK property. If you don't register , the letting agent is required to deduct 25% tax on any rental money paid to you.
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Channel: Tax Questions
24-06-2022, 09:31 AM -
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by jpkeateshttps://www.gov.uk/government/public...g-a-disclosure
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Channel: Tax Questions
24-06-2022, 09:02 AM -
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by mucker973Thanks JPkeates, I knew you'd know!
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Channel: Tax Questions
24-06-2022, 08:47 AM -
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by jpkeatesI don't know what the situation is with Australian tax on UK rented property, and you'd probably better enquire locally.
There are two different things to address.
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Channel: Tax Questions
24-06-2022, 08:32 AM -
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Your questions are more complicated than you imagine.
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Channel: Tax Questions
24-06-2022, 08:17 AM -
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by BigpatI've had a buy-to-let on a standard Assured Shorthold Tenancy for a few years and my tax return has been pretty simple. But since last year I have also had two lodgers, staying with me at my own residential property. Now I have purchased a small additional property, which I have moved into myself and...
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Channel: Tax Questions
21-06-2022, 14:26 PM -
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Reply to Are utility bills tax-deductible?by jpkeatesEven if you don’t need a licence, managing an HMO can be quite onerous. You’ll need a fire risk assessment, and then to comply with its requirements as a first step.
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Channel: Tax Questions
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Channel: Tax Questions
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