PENSION

[Needhelpinghand]

I am 60 years of age and hoping to move to France with my family which is my wife 20 years my younger and 2 children 14/10.I have read dozens of postings but still find the subject of tax on unearned income confusing. When we talk about unearned income are we talking about interest on savings. If we are, why are we taxed again in France although we have already been taxed on our savingS in the UK.Are we talking of having 18% in total taxed from the interest earned?.
This is not a case of wanting something for nothing, it all seems grossly unfair. Where does the idea of "unity" and "European Community" come in. I am 60 and cannot claim UK pension until 65, retirement age in France is 60 but I still can't claim pension. Is it possible to get my contributions paid over the last 40 years transferred to France and then be able to claim my pension in France at 60. thanks

[Teamedup]

As far as I know, your interest need not be taxed by the UK authorities. You inform your bank of your overseas residence and no longer pay tax at source on this, then surely you would only be eligible for tax in France on this interest. Suggest really that you talk to the UK tax authorities about this and how you go about it.

No you can't claim your pension here, you haven't paid here. And french people are not necessarily getting their pension at 60 now anyway, they have to put a certain number of trimestres into the system and if they haven't got them all usually have to work until they have. This is certainly happening where my husband works.