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UK pension tax changes: what impact on residents of France
Unused funds will generally count towards taxable estates from 2027
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France’s pension reform suspension begins: who is impacted and how?
The suspension is in place until January 1, 2028
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What pension income is considered ‘comfortable’ in France – and why is it in the news?
The government is looking for billions of euros of savings in the 2027 budget
French pension top-up is repayable from estate
I receive a pension top-up benefit in France. Is it correct that this must be repaid from my estate when I die? T.F.
Yes, sums paid out for Aspa pension top-up benefit for low-income pensioners in France may be recuperated from your estate but only if your estate is above €39,000 after taxes and debts.
If Aspa was paid to a couple, each member is taken to have received half of it.
The amount to be recovered has a cap per year of benefit payments, which varies according to the number of people in the household who were receiving Aspa.
In 2019, it was €6,940 for a single recipient, €9,217 for a couple. This has not yet been updated for 2020 - see tinyurl.com/yg8t8zm8.
Sums eligible to be recovered from inheritance due to a spouse or civil/other long-term partner can be deferred until after their death.
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