How is income from UK assets taxed in France?

Most British expatriates who live in France continue to own some UK assets, whether they be bank accounts, shares or property, as well as pension funds.

Is it a good idea to keep hold of so many UK assets if you live in France permanently (particularly with a change of government a possibility when a UK election takes place)?

Is it a tax-efficient way of holding your capital?

As a tax resident in France, you are liable for French tax on your worldwide income, gains and property wealth.

This applies regardless of whether you bring the income into France or leave it in the UK.

Income earned from UK assets is also liable to tax in the UK in most cases.

You need to follow the France/UK double tax treaty to establish where you should pay the tax. 

Although you only pay tax in one country, the income still needs to be declared correctly in both.

The rules differ according to type of income.

UK rental income and government service pensions are not directly taxable in France, but you still have to include them as ...

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