The situation differs depending on when you moved to the United Kingdom. The person was already settled in the United Kingdom before the end of the transition period (December 31, 2020): In that case, if the person has taken the necessary steps to ob...
VISA: Any non-UK resident wishing to set up a company is mostly required to have an Innovator Visa or a Start Up Visa. There are, in fact, several types of visa allowing to open a company in the United Kingdom. A)Innovator Visa: This is the ap...
To open a bank account in the United Kingdom, some documents must be provided to the bank, while others may be requested. Documents to be provided: A valid ID document: ID card, passport, driving license…; A proof of residence: EDF bill, phone ...
The VAT applicable to imports must now be declared to the General Management of Public Finance (Direction générale des Finances publiques – DGFiP) on the VAT return, not to the General Management of Customs and Indirect Taxation (Direction Géné...
Capital gains on the sale of real estate are subject to income tax and social security contributions. However, there are many exemptions. How is a capital gain calculated? Capital gains are taxable when they result from a sale for valuable considerat...
Giving part of your assets in your life remains the most effective way to reduce the inheritance tax due by heirs. With an allowance currently set at 100,000 € between each parent and each child (200,000 € for a couple, per child), which is replenish...
Taxation A few days before the first round of the presidential election, Bercy launched on Thursday the last tax return campaign of the five-year term – which remains an obligation for all despite the tax at source – and has not hesitated...
The French overestimate the amount of inheritance tax they will have to pay and have little knowledge of the mechanism. Understanding how they are calculated in order to evaluate their importance is essential when considering the transfer of one̵...
Aid has been set up to support companies affected by the health crisis. Should this aid be included in the taxable income? Answer at the time of the tax returns. Financial aid. Your company may have been able to apply for direct aid of up to €...
What are the main points worth clarifying for a foreign investor who has decided to buy real estate in France? А. 4 questions to answer when investing in real estate When buying a property, an investor may be confronted with 4 questions. Deali...
The estate tax return must be filed by persons whose estate assets exceed 1,300,000 euros as of January 1, 2021, on the same deadline as the general income tax return. In principle, it is filed with the 2042 return. In the specific case where the tax...
Furnished rentals are the provision of furnished living quarters when they include all the furnishings necessary for a normal living situation for the tenant. Income from renting furnished accommodations of which you are the owner and income from sub...
