HannahSmith Posted June 16, 2005 Share Posted June 16, 2005 Does anyone know exactly what is classed as assets with regard to wealth tax? My real query is does it include savings (in the UK)?Thanks in anticipation.Hannah Link to comment Share on other sites More sharing options...
Teamedup Posted June 16, 2005 Share Posted June 16, 2005 As far as the french tax authorities are concerned world wide assets/incom should be declared if one is a french resident. Link to comment Share on other sites More sharing options...
HannahSmith Posted June 16, 2005 Author Share Posted June 16, 2005 Thank you - is it only income from savings that is classed as an asset, or when working it out do you take the whole of your savings as the figure, rather than just the interest? Link to comment Share on other sites More sharing options...
LesLauriers Posted June 16, 2005 Share Posted June 16, 2005 Your assetts are:Your house or housesYour carsYour horsesYour bank or savings accountsPeps, Isas, Tessas, Codevi's, Livret A's, Assurance Vie's, Bonds, Shares, and it is the capital plus interest due to you at 1st Jan that has to be declared along with the name, address and account number at each institution.Your Life insurance policiesYour FurnitureYour washing machineYour plates, cups and saucers, knifes and forksAbsolutely anything of any value anywhere in the world!PS failure to declare any form of savings or bank account attracts a fine of 750€ per account plus the tax owed and the fine for late payment!PS It had to be paid yesterday! Link to comment Share on other sites More sharing options...
Jacks Posted June 18, 2005 Share Posted June 18, 2005 Is a pension fund classed as an asset? Link to comment Share on other sites More sharing options...
LesLauriers Posted June 18, 2005 Share Posted June 18, 2005 No. Link to comment Share on other sites More sharing options...
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