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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
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Millions in France at risk of paying more tax due to budget chaos
2024 tax brackets may be maintained with no allowance for inflation unless new measures are passed
Taxation on rental income
Reader's query on taxation on their rental income.
I have been told if I let my only home in France and rent in the UK I will not be taxed on the rental income in either France or the UK. Is this true? R.F.
No, it is not true. If you let your home in France, the income will be liable to taxation since all income is liable to taxation with minor exceptions such as certain French tax-free bank account interest]. If you rent a property in the UK because you have nowhere else to live, then you will be a UK tax resident, and the income from the above let will be taxed first in France, and then in the UK with a tax credit for the tax paid in France.
Reader's query answered by Hugh MacDonald
If you have a money query send it to news@connexionfrance.com We select questions for answer every edition
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