How to correct mistakes on your tax return
The ’right of error’ provides the opportunity to regularise your situation (without paying a penalty) when you have made a mistake or omission in a tax return or other administrative document, such as claiming benefits but not declaring a change in your circumstances. As part of the regularisation process, any errors or omissions in tax […]
New ways to defer Inheritance Tax payments
People who have difficulty paying tax due on an inheritance can now benefit from a simplified payment credit system that allows them to pay in instalments or to defer paying the tax. In order to take advantage of deferred or split payments you first need to apply to your tax office. Inheritance tax is normally […]
Taxation Webinar
Following the success of our last two taxation webinars in February and March this year and by popular demand, we are now hosting a third and final tax webinar on 7th May , just in time for this year’s declaration. The 2024 tax declaration opened on 11th April and closing dates for filing your return […]
New Income Tax Bands for 2024
The income tax brackets for 2024 (relating to income earned in 2023) have now been published. The portal for declaring your 2023 income will open in April 2024 and the closing dates for different regions will be published on the official government websites in due course.The new income tax bands for 2024 are: Don’t forget […]
Taxation Webinars
With just over 2 months to go before you can start filing this year’s tax return, why not join us for an Enlightening Tax Webinar on Understanding the Basics of French Taxes from Income, to Pensions, Treaties, Dividends, and More!Are you navigating the complexities of income, pensions, and dividends in the realm of French taxes? […]
Changes to taxe fonciere from this year onwards
A flat rate increase of 7.1% has been applied to this year’s taxe foncière (property tax) bill but several changes have been made. In particular the conditions for exemptions and rebates for the elderly and disabled have been extended. The Finance Act for 2023 provides for a ceiling on the tax on main residences and […]
French Property Declaration Update
The completion of the new biens immobiliers residential property declaration has caused a great deal of confusion for both residents and second homeowners. If not completed, fines of €150 are, in theory, possible for non-compliance. These, however, will not be issued this year. The legal deadline for completing the declaration is still June 30 but homeowners do not […]
New Property Form to Complete
A new declaration, to be completed by June 30, 2023, is required of everyone, including second homeowners, owning houses or flats in France. Carry on reading to find out more. To help determine who still needs to pay Taxe d’habitation (second homes)or the taxe sur les logements vacants levied on empty unused properties, the public finance […]
Don’t forget to submit your annual tax return
By Sasha Smit-Macardier If you moved permanently to France in the last year please remember to file a French annual income tax return. As a French resident, you have a fiscal obligation to do so. Whether or not your income and/or financial resources originate or are in France, as a French resident you must submit […]
All residency and WARP holders must submit an annual tax return
by Sasha Smit-Macardier Over the past year, many of you have successfully secured a French residence permit under the Withdrawal Agreement. Please, do remember to file an annual income tax return in France. As a French resident, you have a fiscal obligation. Whether or not your income and/or financial resources originate or are in France, […]