I wonder if anyone can shed any light on something that is happening to me. Yesterday I was informed by my Notaire that it is now forbidden for a house owned by an SCI to be let as furnished accommodation either for long term or for chambres d'hotes etc. This has come as a complete shock as we have been renting our house in the summer for years. We have never had any communication from the powers that be telling us of these changes and I am now worried that we are breaking the law if we carry on our tiny business. Seemingly some people/companies are using SCIs to avoid corporation tax. We have run the business as a 'Micro Enterprise' paying all taxes etc that have been required and all through accountants and verified etc.
Rentals are my only income so this spells disaster for me if it's correct. We (there are three of us), bought as an SCI 20 years ago as advised at the time to avoid the French inheritance laws. This is no longer necessary, as you know, we can now leave our assets under British law. I wonder how easy it would be to change from an SCI to a simple ownership so that we can continue to let. Or has our Notaire got it wrong? (Which I doubt).
If anyone knows anything about this please share.
Worried of Saint Aulaye (24) :-(
Otherwise known as Ley