miaviv

Thanks, this seems logical. I am now going to have to try to get back some of the money we overpaid due to the bad advice received last year !  Not sure how to go about doing that.  The guy said that sometimes net is brut as far as the impôts are concerned and of course, because he works for the impôts I trusted his judgement even though for me, net is net not gross. Thanks again

Thanks for your reply.  We do in fact pay tax at source of 20%. Last year the guy at the tax offices told me to put gross sum in column 5, 20% in column 6 and then the tax paid (equivalent of 20% retention tax) in column 7.  This ends up being a lot more than we actually got when you add up columns 5 and 7 ie. gross income plus the tax !! which then goes onto line TS.  I did this last year on his advice but we are now questioning this.  Are you referring to notice 18 where you said it is explained in the last paragraph ? I understand this to mean other incomes and not mine because I thought we were (à l'exception des intérets entrans dans le cadre de la directive épargne"). How come I can put 25% in column 6 when I only paid 20%  ??? I can't find the answer anywhere, the tax guy didn't know and had to find out and if I ask  again he will surely say the same thing.  Are you in a similar position to me with accounts ?  I am desperate to know what to do as my husband says put net (after tax taken off) value in column 5 and I am trusting the tax guy's advice and putting gross !

On form 2047 we have to declare our interest payments on bank accounts in Jersey and the Isle of Man.  I don't really know if I'm supposed to put gross or net values in column B5 (part 2 of the form) - Autres revenus de valeurs mobilières et revenus assimilés".  The colum heading says 'net' but the tax authority guy says put 'brut' = gross which I don't understand.  Also in colum 6 - do I put 20% which is the equivalent of the tax that we paid ?  Or do I follow the 'directive épargne' which is on the next page and put 25% ??  If I put 20% in this column do I then calculate at a rate of 25% (directive épargne) which I can use to get a crédit d'impôt and put this sum in line BG ? My tax guy (who didn't have a clue but apparently found out) said put gross amount in colum 5 which appears weird to me as I then end up with a figure in TS which is the equivalent to gross interest plus the tax amount which we have never had !! My husband is French, I have lived here for 17 years and the guy from the Impots has probably been doing this job for a long time but none of us get this !!! Thanks in advance