What is a P85 form and does it matter?
Most people have never heard of a P85 form. For someone moving to France its quite an important HMRC form.
Most people have never heard of a P85 form. For someone moving to France its quite an important HMRC form.
Another familiar case this week - property needing declaring properly in the UK by non-residents.
Another familiar topic came up this week. A very-switched on prospective client was reviewing their affairs and telling me about their UK Government pension. When I probed a bit more, it was from the NHS. So not a government pension per HMRC - for French residents it is taxed in France, not the UK!
This topic came up in the French Parliament this week. Net the position is still not really that clear unfortunately;
I see plenty of mentions on Internet forums of people getting letters from HMRC and surprised HMRC found out they have a property they are renting out. I suggest they should not be surprised:
Another recent question was about Pensions. Which are taxable in the UK and which in France if you are a UK resident?
For people travelling to and from the Schengen Zone (I am looking forward to next crossing the border) the number of horror stories is high - actually I expected a lot more. There is one interesting angle picked up by the Telegraph which I suspect isn't fully right but is interesting.
Best approach to fix it - do a return quickly. We can help....
Another day with some interesting Internet comments on residency.
Another interesting question this week on capital gains? Am I liable to UK capital gains taxes on my French house if I sell it? (I am not going to get into what French gains tax may look like)