Wilko Posted October 2, 2013 Share Posted October 2, 2013 Hi........I think I read somewhere that the gov are offering a 25% discount on CG in 2014..........or did I dream it ? If anyone can point me in the right direction would be gratefulW Link to comment Share on other sites More sharing options...
parsnips Posted October 2, 2013 Share Posted October 2, 2013 [quote user="Wilko"]Hi........I think I read somewhere that the gov are offering a 25% discount on CG in 2014..........or did I dream it ? If anyone can point me in the right direction would be gratefulW[/quote]Hi, That is indeed correct, a special abattement of 25%, applied to the net taxable gain, came into force last month for a year - and is almost certain to be extended next year. Look on "vosdroits" or similar sites. Link to comment Share on other sites More sharing options...
Wilko Posted October 3, 2013 Author Share Posted October 3, 2013 Parsnips........thanks for the response, I didn't realise anyone had replied, didn't receive an email, so only found this a hour ago. i have searched various government sites but cannot find mention of the 25% abattement. Could you post a link if you have a moment SVP.Thanks Wilko Link to comment Share on other sites More sharing options...
Sprogster Posted October 3, 2013 Share Posted October 3, 2013 Not quite as generous as it seems, as the abatement does not apply to the 15.5% social security costs also charged on gains. Link to comment Share on other sites More sharing options...
Pickles Posted October 3, 2013 Share Posted October 3, 2013 http://vosdroits.service-public.fr/particuliers/F10864.xhtml Link to comment Share on other sites More sharing options...
Grecian Posted October 3, 2013 Share Posted October 3, 2013 OK I am going to show my ignorance here, does the 25% abattement just apply to property sales, or does it also apply to share sales capital gains? Link to comment Share on other sites More sharing options...
parsnips Posted October 3, 2013 Share Posted October 3, 2013 [quote user="Grecian"]OK I am going to show my ignorance here, does the 25% abattement just apply to property sales, or does it also apply to share sales capital gains?[/quote]Hi, Only real estate, but there is now an allowance for shares, linked to the length of time they have been held - between 2 and 8 years 50%, and over 8 years 65% . This applies only to the income tax - the CSG is charged on the total gain. bourse.lesechos.fr/infos-conseils-boursiers/guide/bourse/la-fiscalite-des-valeurs-mobilieres/plus-values-sur-valeurs-mobilieres-380938.php Link to comment Share on other sites More sharing options...
Grecian Posted October 4, 2013 Share Posted October 4, 2013 Thanks for clearing that up parsnips, I must admit I did a search when I first read the thread and could only find reference to real estate, not shares so I thought that was the case. As for the tapering on share sales I guess it is better than nothing, but only just, and as you stated social charges are still taken from the full gain. Link to comment Share on other sites More sharing options...
Wilko Posted October 6, 2013 Author Share Posted October 6, 2013 Pickles..........thanks for the link, dunno why i couldn't find it !Wilko Link to comment Share on other sites More sharing options...
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