Zelanda

Non, the Goverment Web is fine, It explain what is a doble tax treat and what it's not when you claim it and when not. Selling a house in Uk when you are non resident is not under doble taxation in Uk because you have to declare and pay first in Uk. You could claim the doble taxation relief in France or the country where you have your fiscal residence in EU. It works the same in any country, I now well the law. You have to declare first always where the possession is (house, dividens, accounts...) and then claim the doble treat in the country where you declare your world income. Make sense??

"Seems tax on selling your house in the UK is not covered by the dual taxation treaty and therefore you may have to pay twice. " Not, thats not correct. First you pay tax in the country where is the house and after that, you complete the tax gain form in the country where you are living, and the Double tax avoiding rule means that France will deduct from French tax, the amoung you already paid in the other country. And france and Uk have that Dual tax Treaty. "Like I said if only you were living in it when you sold it or the buyers came to view and the deposit paid there would be no gain"- Doesn't work exactly like that... That rule is only valid for EU countries (maybe not Uk soon...) and in France to apply that you need to be living in a rented house for four years or have been living in the house you sold until you sell it (that not my case, because I moved one year ago) and re-invest in less than 2 years in your main home.

Thanks Lindal!!!, It's like imports here in France are like a grial secret!. I calculate the gain tax in Uk an is quite low due I lived in that house most of the time. But the tax for French residents is a 26.5% !!! (thanks that we have the S1 doc, so we don't pay social charges if not would be a massive 40%) and I don't know what deductions can I apply on that. I know the deductions for French properties but not it they are applicable to foreing properties. And Also if I could benefy from the exchange game Pound/Euro. The gain in Pound would be around 90000, but it they consider the price in Euros At the day I bougth the house that the exchange was 1.42 versus the selling price in € now that is around 1.17, then the gain in Euros would be the half!! and I save a furtune!!

Hi all, We are in the stressfull proccess of selling our former home in Uk, as we are living in France. I've been reading the French impots gov web and the rules for calculate tax gain are so complicated that I'm getting mad! So I have some cuestions that maybe some of you can clarify. - How I calculate the gain in € ? Should I take the Pound value at the day we bougth the house (less expenses) Vs the pound value at the day we sell (less expenses)? Because if, the gain in € would be a lot less than in pounds. - Can I deduct the 7.5% in buying charges and expenses as standard, even if the fees and taxes I paid in Uk were less than that, or Should I count the amound I really paid in pounds? -Can I deduct too the 15% as standard in improvements, because I owned the property for more than 5 years? even if I didn't expend that amoung? - Can I have the exception if with the gains I buy a house here in France for living? It would be very very grateful if anyone could answer those cuestions, because I have no idea how much coulld we pay in French taxes. Regards,