bill

[quote user="parsnips"][quote user="bill"][quote user="parsnips"]        ... If your let is furnished you can declare under micro-BIC on 2042C at 5ND "locations meublées" and get a 50% allowance. ... [/quote]     But over box 5ND (on Form 2042 CK PRO) it says "Ces revenus seront automatiquement soumis aux prélèvements sociaux"!   So shouldn't one use box 5NJ, or 5KM, to avoid the PS?  It only mentions gîtes ruraux et chambre d'hôtes, but is there any difference?   Or can anyone suggest a more appropriate box to use? I realise that box TK will ensure that the tax is not charged, but the question is how to avoid the PS!   Cheers, Bill.  [/quote] Hi,       Copious apologies , I should have said box 5NP in the section below.  Although it says "prestations de service" that is the correct section according to french tax guides[/quote]   Thanks Parsnips, but that raises a couple more questions!   5NP assumes Régime micro enterprise and I believe that means that the FISC will automatically deduct 50% to cover expenses, so the income should be declared gross in 5NP and 8TK.  Is that correct?   Anyway, I don't think we would qualify as a micro enterprise, so the alternative is the Régime du bénéfice réel in which case the income should be declared nett in 5NC or 5NI, and 8TK.  Correct?  But what difference does it make using 5NC or 5NI?  (The Fiche de Calculs Facultatifs seems to imply on page2, section 4 that 5NI would increase the income by 25% !)   Finally, could a couple jointly owning two properties qualify as two micro enterprises, by declaring the income from one property each?    Cheers, Bill

[quote user="parsnips"]        ... If your let is furnished you can declare under micro-BIC on 2042C at 5ND "locations meublées" and get a 50% allowance. ... [/quote]     But over box 5ND (on Form 2042 CK PRO) it says "Ces revenus seront automatiquement soumis aux prélèvements sociaux"!   So shouldn't one use box 5NJ, or 5KM, to avoid the PS?  It only mentions gîtes ruraux et chambre d'hôtes, but is there any difference?   Or can anyone suggest a more appropriate box to use? I realise that box TK will ensure that the tax is not charged, but the question is how to avoid the PS!   Cheers, Bill. 

Thanks Mel, it looks like the 2042-C doesn't exist. But note that there's no Section 5 on the 2042-CK, so yet another form, the 2042-CK-PRO, is needed to declare any furnished rental income, for example. Cheers, Bill

Congratulations!!! But did they send you 2042C or 2042CK? When I try to download it by clicking on 2042C, I get 2042CK! Cheers, Bill 

[quote user="bill"]Thanks Parsnip! I want to declare furnished UK rental income under micro-BIC on 2042C at 5ND "locations meublées", as you suggested, but I can't find any 2042C on the FISC website! When I click on 2042C I get 2042CK, which doesn't seem to have any relevant boxes under 4 - Revenus Fonciers, and there's no section 5 at all! Am I missing something, or has 2042C been replaced by something else? Cheers, Bill   [/quote]   PS!   I've just found box 5ND - on form 2042 CK PRO. But now it says "Ces revenus seront automatiquement soumis aux prélèvements sociaux"!!! So maybe it's not the best place to declare UK furnished rental income after all.  What would you recommend?   Cheers, Bill 

Thanks Parsnip! I want to declare furnished UK rental income under micro-BIC on 2042C at 5ND "locations meublées", as you suggested, but I can't find any 2042C on the FISC website! When I click on 2042C I get 2042CK, which doesn't seem to have any relevant boxes under 4 - Revenus Fonciers, and there's no section 5 at all! Am I missing something, or has 2042C been replaced by something else? Cheers, Bill