I’ve always used box 260 for interest - selecting UK.
So do you think I’ve been doing this wrong @JaneJones ?( Maybe there’s several methods to declare!)
Form 2047 230 country of origin then total carried to
Form 2047 line 252
Form 2042 2TR
I recall one year I completely forgot about adding the interest in 2047 - just added it to 2TR - it still did the correct calculation. I think I then remembered and went back in to include it on the 2047, I must have not finalised the return at that point!
What exchange are people using this year. I have my figures in sterling all sorted but not sure what rate to use. I see that 1.17 seems to have been mentioned a while back
Officially you should use the rate of exchange on the day the money reached you, not an average rate. Lots of spreadsheet around to use. However it seems that some tax offices accept an average, and yes 1.17 has been floating around.
This thread may also help…
Particularly this post
This question was asked before here, but there was no real answer. So, my wife now gets PIP from the UK (daily living component) because of her disabilities. It’s a UK benefit that she used to be on in the UK but was (wrongly) removed when we moved here. It now needs to be found a place on our French tax return. In the UK it is not taxed, but that may not be the case in France. Is anyone else in receipt of PIP and knows how to correctly enter it on the tax return ?
There’s an interesting piece of official guidance here. It suggests that the possible French equivalent to a PIP of an “allocation aux adultes handicapés” is exempt from tax in France. Unless anybody else comes up with an answer based on their actual experience, why not ask your Impôts, quoting from this article, seeking consistency of tax treatment with the UK equivalent? See the last point in the guidance.
I also looked at the UK/France tax treaty in case there was mention of invalidity payments. Unfortunately whilst there are references to personal injuries etc they relate to military service or injuries sustained by the public during WW2 (!) so nothing of use from that source, I’m afraid…
Thanks George, I’ll see if our impots will accept this.
Just looked at this, and her situation seems identical to MTP in that she had to retired early because of disability was awarded a disability pension from her University pension scheme. AAH could also fit the bill.
I am in receipt of UK Attendance Allowance and confirm that it is exempt from French income tax.
BTW - UK Carer’s Allowance is also exempt.
We’ve talked to our local impots here, and they have confirmed that any UK PIP income is exempt from income tax in France, and should not be declared on our tax return.
Excellent news!
That surprises me! There is a different between declarable and taxable. All income should be declared even if not taxable and I don’t see that PIP is any different.
The problem is that local offices have little real knowledge about international tax matters so can just say what they think you want to hear.
Not all it seems. We were told this morning specifically not to declare the PIP income on our tax return. We also discovered that income from tax exempt savings accounts such as LEP etc. should also not be declared. We did last year and were told it was incorrect. We were surprised by this as we thought that even though this income was tax and social charges exempt, at least it should affect the reference income.
Edit: Thinking about this, if income is tax and social charges exempt, exactly where should it go on the tax form ? I’m not sure there is a place for such income.
So they are not included in a total figure for your worldwide income? Strange.
My accountant has been told by Impots not to declare our Attendance & Care Allowances on our tax form. So it appears that in general UK disability related benefits should not be declared for French income tax purposes.
It’s been a long day already… so please tell me what is a PIP ???
I haven’t had time to read all of the above, but what I have seen somewhat alarms me. Have you all already received your forms by post or on line? Because I have received nothing yet and am pretty sure I have never had to go searching.
Mine arrived in this morning’s post @David_Spardo so your’s won’t be far behind, I reckon. 
