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Glyn

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Everything posted by Glyn

  1. Ron, If I do have unearned income, it will be subject to CGS and PS but any company/state pension I might get in addition to this would not be subject to CGS and PS. Is that correct? Glyn
  2. SD, Thanks for your help. Glyn
  3. My understanding is that there are 3 social contributions (CGS, CRDS and PS). From the previous posts I understand that on UK company and State pensions the following is chargable:- If covered by E106 or E121:- No CGS, CRDS or PS chargeable. If not covered by E106 or E121:- Only CRDS (0.5%) chargable. Have I got this correct. Thanks, Glyn  
  4. Ron, Thanks for clearing that up. That should give me a few more euros to play with[:)] Glyn  
  5. Sunday Driver, Correct me if I am wrong but I was under the impression that you had to pay all three social charges (CSG,CRDS & PS) on UK company pensions if you did not have an E106 or E121, not just CRDS at 0.5%. Regards, Glyn  
  6. leslauriers,   I thought you may have the answer as you seem to be the expert on Assurance Vie's[;-)]   So using the following example   If a married individual makes a withdrawal of €50,000 within 4 years, and the growth from inception is, say, 20% over that period, the taxable element of the withdrawal is €10,000. This is then taxed at 46% (35% tax, 11% social security). Resulting in a tax of €4600. CMU contributions would be 8% of the taxable element (€10,000) resulting in €800.   How is the withdrawal decalared on the tax form? In the above example would just the €10,000 be entered?   Thanks for your help,   Glyn
  7. Does anyone know how any contributions for the CMU would be calculated on any interest earned or income received from an Assurance Vie product. Thanks, Glyn    
  8. Just another example of 'Big Brother', you will now have to be finger printed when you hire a car at Stansted! http://news.bbc.co.uk/2/hi/uk_news/magazine/6129084.stm  
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