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1eyedjack

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  1. @ Gardian Thanks for the further input. I was not sure whether the 30%/71% abatement for unfurnished/furnished lettings was intended to be a means tested relief or simply a flat rate standard method of arriving at taxable income from the source. The link that I referred to seemed to indicate that it was an alternative to claiming actual expenses as a deduction. I agree that obviously this individual would not qualify for any means tested reliefs
  2. I am interested to know whether the method of calculating the taxable amount of rental income is similar in France to in the UK. My figure is calculated on UK principles, but before deducting a 10% allowance for "wear and tear of furniture" as allowed against furnished accommodation (at least up to 2015-16, shortly to be replaced). I found a link here which suggests a general deduction of 30% of the gross rents as an alternative to actual costs. Is that still accurate? http://www.french-property.com/guides/france/finance-taxation/taxation/top-tips/ It suggests that the 30% rises to 71% in the case of "accredited furnished accommodation". Would it have to be in France to get "accreditation"?
  3. @ Cathar Tours Thanks for the link. Yup my French is not really up to it. Unfortunately when you get as far as the actual calculators, Chrome stops translating the pages. At least on my machine. It wasn't clear to me whether I could use the simplified model or have to use the complete one. The blurb suggests simplified is OK if the only income is pensions and property. But the Complete one if you have investments in overseas territories. As the property is overseas I tend to favour the complete one. Which should always work anyway, if I can get around the language barrier.
  4. You are all very helpful, thank you. I agree with the point of getting a professional. This is more for ready reckoner/budgeting purposes than an expectation of getting it down to the centime. As to the personal info, I challenge anyone to identify the taxpayer from this, but in general I agree with the point.
  5. Hi thanks for these will take a look The works pension was not a government org. just a normal employer executive pension scheme. Purely out of interest, what difference does it make?
  6. Hi, could someone please show me a breakdown of a simple tax calculation based on the facts below? I am familiar with the UK system, just not French. Hopefully these are all the facts needed: Widowed lady born Jan 1945, no dependants or other household members, British citizen resident in France (and only in France). Tax year 2015. 3 Income sources all arise in UK, but in Euros , gross amount to: UK state pension E15729 UK works pension E27940 UK furnished residential property letting E18419 Please ignore double tax credit relief for this purpose. Thanks. I am interested in a breakdown between Income Tax and Social taxes, and available exemptions, including a breakdown between tax rate bands. Thanks for any help and by all means let me know if there is something obviously relevant that I may have missed. And sorry for the lack of paragraph breaks. Can't seem to insert any.
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