billy10 Posted October 10, 2006 Share Posted October 10, 2006 Sorry if this is an old chestnut but I am a bit concerned , imagine a situation retiring early at sixty and moving permanently to our house in France , will declare permanancy early January and join CPAM system etc and get full two years, we are a married couple and our income will be made up of a pension from a UK goverment source, Capital, and interest off a UK online account, the total taxable (taking out capital) is only a little over our joint tax allowance so we will pay little tax ( i will have all incoming paid gross and pay whatever the amount is as French tax, however what social charges are we in for ???? and what are the allowances for a married couple before one starts to pay.???? Link to comment Share on other sites More sharing options...
Nick Trollope Posted October 10, 2006 Share Posted October 10, 2006 11%, I believe. Not to be confused with income tax, as there is no "personal allowance".If your pension is a genuine government one (teacher, civil servant or whatever), then you will pay tax in the UK on it. Link to comment Share on other sites More sharing options...
billy10 Posted October 11, 2006 Author Share Posted October 11, 2006 Hi Nick,Thanks for that , but surely I will not be expected to pay 11% tax on my capital as this has already been taxed as earned income in the UK, Link to comment Share on other sites More sharing options...
BJSLIV Posted October 11, 2006 Share Posted October 11, 2006 You pay 11% of the gross interest as social contributions. Link to comment Share on other sites More sharing options...
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