1. Owning a property for 30 years or more This is an indirect exemption due to the way the taxable French capital gain is calculated. The first step in calculating the gain is working out the difference between the sale price and the cost of the property. Assuming it is positive, this number is then …
There are two exemptions available to those who used to live in France, regardless of nationality, but are no longer resident in France for tax purposes: Exemption for former main home in France.Exemption for any French property. 1. Former main home in France This exemption is quite recent, introduced in 2019. It is aimed at …
Exemptions available only to non-French residents Read More »
Below are the three areas where French property CGT exemptions apply to French residents: Selling your main homeA reinvestment exemption when selling a property that is not your main homeElderly or disabled adult, in a care home 1. Selling your main home If, at the time of sale, the property is your main home then …
You can be exempt from paying French property CGT for a range of reasons. This can depend on whether you are a French resident for tax purposes, or if you used to live in France, and there are also several exemptions that are available to everybody regardless of residency. These three articles cover these situations …
It is clear there are some common misconceptions out there regarding whether you have to pay tax in France or in the UK. I have seen this in my dealings with prospective and actual clients. I am thinking in particular of people who fall into two broad groups: You have always lived in the UK …
Calculate your French capital gains tax Try out the calculator below to estimate the French CGT when you sell a property. This content is only available to subscribers. If you have already subscribed, please log in to view the content. If you have not subscribed but would like to read more, subscribe here for access …
If you are selling, or are thinking of selling your French property, you need to consider whether French capital gains tax (CGT) will be due. When is French property CGT due? The most familiar transaction that is subject to French property CGT is a straightforward sale between individuals, in exchange for money. Other less common …