Tax thoughts

We are now one week into 2026/27 tax year in the UK, meaning it has been possible to declare UK taxes for 2025/26 for the same period. The first few returns have come through and been filed which is good news.

As I write it is the last day of the UK 2025/26 fiscal year - the date being another reminder that the UK likes to do things differently. Who else would use a tax year dating from centuries ago.

Finally, the last part of this blog series – taxation of gites as a Louer en Meuble Professionnel. This only applies if (a) your gross turnover is over 23000 Eur/year and (b) furnished rentals are the largest part of your active income.

In an earlier blog post I noted the difference between LMNP and LMP. I will talk first about the tax Implications of LMNP. The concept of LMNP is that the gite business is business income.

Given our other business is running Gites in Normandy, it seemed topical to do a few posts on Gites: CAN you run a Gite, SHOULD you run a Gite and then a Gite owners view on GITE TAX. For what should be a "tame" topic the politics of Rental property ownership/perceived shortage of accommodation in big cities is making...

You may now be planning your 2025 French tax return and maybe your 2025/26 UK tax return. It is important to get them right. I talked earlier in my blog about residence and why it matters for tax. Instead of tax "mumbo jumbo" some numbers may be easier…