soupagirl Posted May 12, 2011 Share Posted May 12, 2011 My first visit to the site, I look forward to the day when I'm in a position to offer help and advice to others, but at the moment I am trying to make my way through our first tax return in France and though I have found useful advice on the FAQs here there are a couple of issues I would really appreciate help with. I apologise if I'm just being thick and all is obvious! Having lived here since Sept 1st 2010 I presume I only declare Sept 1st-Dec 31st. I have a teacher's pension, and an annuity purchased from AVCs. Both have been taxed in the UK, but I believe that the annuity will be taxed in France now. Do I declare them in different sections of the 2042 and 2047 and do I give the income as before or after UK tax? Is there a section on 2042 where a French bank account is declared- I know accounts in England have to be listed on a separate piece of paper or on form 3916 -? And finally, our property in England is up for sale but currently rented out to pay the mortgage,and after estate agents fees, service charges etc it can hardly be classed as an 'income'. I downloaded the form 2044 which the 2047 says I should complete but quite frankly it's terrifying, is there an alternative?Many thanks in anticipation to anyone who takes the trouble to reply (after of course heaving a sign and saying 'Here we go again, another one wet behind the ears'. Link to comment Share on other sites More sharing options...
cooperlola Posted May 12, 2011 Share Posted May 12, 2011 Yes, you just declare income from your arrival date to 31.12.10No, you don't have to declare your French bank accounts anywhere, afaik.Rental from your UK property is considered to be income and I don't believe that you can get away with its going towards calculating your tax band.The teachers' pension bit I'll leave to somebody else because the rules have changed and there is a thread which is nigh-on ten pages long about this already and still no solid conclusions.I too believe that the annuity is taxed here, thus you should declare it as payable here and get the tax back from the UK. You might have to do this mannually (ie claim the tax back in retrospect each year) as they may not be able to pay you gross but I'm not sure of my ground here. Somebody on here is bound to know - Mr Driver for one.[:)] But for sure you must declare it gross here.Ask away - we were all wet behind the ears once and I for one still am when it comes to lots of subjects![:-))] Link to comment Share on other sites More sharing options...
parsnips Posted May 13, 2011 Share Posted May 13, 2011 [quote user="soupagirl"]My first visit to the site, I look forward to the day when I'm in a position to offer help and advice to others, but at the moment I am trying to make my way through our first tax return in France and though I have found useful advice on the FAQs here there are a couple of issues I would really appreciate help with. I apologise if I'm just being thick and all is obvious! Having lived here since Sept 1st 2010 I presume I only declare Sept 1st-Dec 31st. I have a teacher's pension, and an annuity purchased from AVCs. Both have been taxed in the UK, but I believe that the annuity will be taxed in France now. Do I declare them in different sections of the 2042 and 2047 and do I give the income as before or after UK tax? Is there a section on 2042 where a French bank account is declared- I know accounts in England have to be listed on a separate piece of paper or on form 3916 -? And finally, our property in England is up for sale but currently rented out to pay the mortgage,and after estate agents fees, service charges etc it can hardly be classed as an 'income'. I downloaded the form 2044 which the 2047 says I should complete but quite frankly it's terrifying, is there an alternative?Many thanks in anticipation to anyone who takes the trouble to reply (after of course heaving a sign and saying 'Here we go again, another one wet behind the ears'. Hi, Although your UK rent has to be declared in France for setting the french rate it is NOT subject to french income tax or social charges.Do NOT complete the 2044. Put the address on page 1 of 2047 sec iii revenus fonciers, put the gross rent on page 4 sec VI (where you deduct all expenses allowed in UK --but not UK tax) transfer net to 2042 page 4 box 8TK (along with the gross teachers pension (add together)) Show teachers pension plus AVC on 2047 page 1 , and teachers pension page 4 sec VI 2047.(same section as rents) Show total of pensions on 2042 1AS You mention "we" in your post--if you are married you make a JOINT declaration in France where you are taxed as a "fiscal household". [/quote] Link to comment Share on other sites More sharing options...
soupagirl Posted May 13, 2011 Author Share Posted May 13, 2011 Thank you for the swift and very informative replies. I am going to attempt the Filling In ritual on Monday, and with your help I feel more confident about what I will be doing. Link to comment Share on other sites More sharing options...
JohnRoss Posted May 13, 2011 Share Posted May 13, 2011 Hi and have sent an email via the forum......JRPS If you do not receive the email I can resend as a pm. Some folk have had problems with email messages via the forum. Link to comment Share on other sites More sharing options...
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