One of lifes certainties
Today we joined a webex hosted by French Entrée. The topic was french tax. A timely opportunity to ask questions and learn more about the french tax system. I always think it’s worth grabbing these opportunities as you never know what you may learn.
We are coming up to three years of living in France, so we are well and truly in the tax system.
Everyone who lives in France, whether you earn an income here or not, has to file a tax return online. And this is done as a household, not as individuals, so luckily we only have to do one. It can get a bit complex though as there is an agreement with the UK to prevent double taxation, so you do need to declare everything; any income you have in France or the UK. Even those that are not residents here, but own a property that they earn money from, would need to do a return.
When we moved to France we tried to keep our finances as simple as possible, and getting as much help as we can, but we still find it a challenge.
The submission deadline is approaching for us, as we are in region 10 which is one of the first areas to submit. They spread the submissions over a number of months so as not to be inundated in the tax office. I think that’s such a great idea.