ID checks and tax on gains

That’s exactly what happened to me! It’s not what the rules say so I have kept copies of the emails where the tax office said they weren’t interested, just in case it came back to bite me.

Hello @Pat99 - I rememberthat discussion :smiley: There is no question about paying the CGT within 30 days in the UK but the question as to what happens in France is entirely up to your local tax office. I was staggered when they weren’t interested in the sale of my house because there was nothing I could do about that at the time - I had to accept their decision

wow ok…did you include the cgt amount on your french tax return? just want to understand who wasnt interested lol…

also can you share the email you used to write to them ? not the actual emails lol…just the address lol
thx

@Pat99

There is a French Government website… where you can post all sorts of question…

https://www.impots.gouv.fr/portail/

Exactly our scenario too. It was pre-pandemic so I popped in to tax office with all the papers and once they checked I had done what was necessary in the UK and had the document from HMRC they were not interested at all! And told me not to even bother adding it to next tax return. So I didn’t.

Generally approach your local tax office.

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@Pat99
I can see (and I agree) that the experiences of @AngelaR and @JaneJones might well be interesting…

But everything regarding funds received and taxes paid… has tightened up in recent months.

This year’s Declaration to the Tax Office of one’s world-wide income (of whatever sort) and financial situation (savings/investments/bank accounts etc) during 2020, is the benchmark for future years.

This is because there has been (and still is) so much fraud/tax avoidance/money-laundering across the world at large… the sums are enormous…

What made sense previously (between the Tax Office and the ordinary person) on the odd occasion, to save time/paper etc … (eg the amounts for both countries cancelled each other out) no longer applies…

Every last farthing has to be noted… it goes into the computers… and the Tax folk will decide the outcome.

@Pat99 - @Stella is absolutely right of course- they are tightening up like nobody’s business and really your only way forward is to talk to them! The official site quoted above allows you to book a rendez-vous with your local tax office and they will point you in the right direction.

Hi Sunbeam…thx for sending the link …very useful…I found this under the cgt section …

“Under most international tax treaties concluded by France, capital gains on the sale of property are taxable, by virtue of an exclusive right or not, in the country where the property is situated. Where no such treaty exists, capital gains realised by a resident of France on the sale of property in another country are taxable in France”
Interesting…any thoughts ?
Thx

I think you should contact the French Tax folk to ask their thoughts on your situation … and likewise the UK Tax folk (if not already done…)

I posted this on the other thread mentioning CGT on UK property >> Tax implications selling our house in UK

Blevins Franks - 2020 tax guide - snip:

What about selling your property?

In France, the gain on the sale of your French main home is always exempt from capital gains tax

provided that the property is your actual home at the time of sale.

However, under the UK/France Double Tax Treaty, if you are French tax resident, gains arising on

UK properties are subject to French capital gains tax at 36.2% including social charges (plus a surtax

of between 2% and 6% where the gain is more than €50,000). This would apply even if the property

was your main home before you moved to France. You could also be liable to UK capital gains tax

and in this case, to avoid double taxation, you would get a tax credit in France for tax paid in the UK.

@graham can you tell me how to link this thread with Tax implications selling our house in UK ??? I’ve made them both Legal Advice…

yes…uk tax sorted with my accountant…getting in touch with local tax French office…I spoke to a friend that had same experience of @AngelaR and @JaneJones … not long ago…before summer …he presented his hmrc paper to show cgt were paid in UK and they were happy with that…nothing to declare
Pls if anyone reads that do your own research and always speak to a professional…ultimate with a local french tax office; they dont take calls but email probably better
thx

@Pat99 Provided you declare everything to the French Tax folk… they will give you their best advice.

Each case is dealt with on its own merits and folk can come unstuck by thinking they can simply do what they’ve heard from friends/others.

It is the French Tax folk who will assess your own, personal situation… and say what you, yourself, should and should not do re your Declaration/Tax situation…
What you need to do and how you need to do it…
and, possibly, what you do not need to do…

Have your questions ready for them…

good luck

link to tax implications selling house in UK

I thought I had to press the chain-link thingy… so I pressed it and got lost… :wink:

@graham I pressed your bit in blue… and it took me on a magic carpet ride

@Stella corrected :roll_eyes:

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thank you and I agree…also I will suggest anyone with doubts to stop reading website they tell you whats the rules…most of them is copied and pasted from other sites …I can confirm that.
My recent friend scenario is very similar to mine and not just something I heard thru someone else…I directly spoke to him and he showed me all relevant paper works… that said …every scenario is different I agree but the more I do research and the more is clear to me that France are not really interested in UK property if cgt paid already but are more concerned about property sold in French land.
So pls anyone has this issue contact the local french office only and do not follow websites…seems they ate all notaire to me lol
Was a pleasure having this discussion with you and to everyone else Sunbeam

Ciaoooo

France is interested in every aspect of one’s income, which is why the Declaration is so extensive.

good luck.

I think I will have to disagree on that…I asked my auntie ( french from my mum side ) to ask her local tax office and they clearly showed zero interest on a uk property where cgt where paid but I strongly suggest anyone with same issue to directly speaking to them and do not rely on forums as you also suggested earlier.
thank you