HannahSmith Posted January 23, 2006 Share Posted January 23, 2006 Hi, I wonder if anyone could help me please.If we had our main residence in France and were tax resident there, and had a property in the UK which we bought at the same time as the French property and rented out but then wanted to sell it a few years later, would be liable for CGT in the UK on the sale of the UK house, or in France? Also, if we were getting our rental income paid in the UK, do you claim it tax free and then pay tax on it in France, or do you pay tax in the UK and use up your UK tax allowances? I assume you don't get two lots of tax allowances i.e. UK and France, so how they do work out how much tax you owe? I know there is a double taxation treaty but if anyone can shed any light on this I would be most grateful! Many thanks. Hannah Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.