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France set to pass emergency ‘budget law’: is it good or bad for your finances?
The country will effectively be without a budget from 2025, with knock-on effects for individuals and companies
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Do foreign savings accounts have to be declared on French tax forms?
Admitting errors may make the authorities more lenient
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Airline passenger refunds due as ticket tax rise cancelled by French government fall
Refunds of up to €57 are due for clients who booked flights in early November and up to early December
How will lost investment cost me?
I invested £26,000 via a UK company in 2011 which was lost due to mismanagement. My solicitors recovered £19,200 this year but, as this recovers only part of my investment, is it liable for tax or social charges? J.G.
If there is no gain included in the amount recovered by your solicitors there is no fiscal liability. As you have recovered only part of the original investment this would confirm the position.
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The information in this article is of general nature. You should not act or refrain from acting on it without taking professional advice on the specific facts of your case. No liability is accepted in respect of these articles. These articles are intended only as a general guide. Nothing herein constitutes actual financial advice.