Rules on assurance vie payouts between friends in France Putting a friend down as an AV beneficiary can be one way to avoid France鈥檚 high inheritance tax
Which pension investment schemes are best for Britons in France? Partner article: Defined benefit pension, QROPs or assurance vie? Daniel Butcher, of DTB Wealth Management, looks at the tax implications of all three
Best way for Britons in France to manage 鈥榣ump sums鈥� of money Partner article: Consider putting money from UK ISAs, property sales or investments into a French 鈥楢ssurance Vie鈥� says Daniel Butcher, founder of DTB Wealth Management
practical Pandemic boosted French savings: Options beyond bank current account People in France have saved over 鈧�150billion during the health crisis. We explain the different options for savings accounts if you choose to put aside some extra cash
Understanding French assurance vie misconceptions "It鈥檚 wise to read between the financial media lines" says Robert Kent of Kentingtons. Here's his monthly feature for The Connexion readers...
Update: Declaring assurance vie gains There have been changes to section 2 of the main 2042 income tax declaration regarding declaration of assurance vie gains, as well as in the relevant section of the 2047 foreign income declaration. This update is intended to be read alongside the section headlined 'Declaring French and international investment bond withdrawals' in the Connexion's French Income Tax 2019 helpguide ( page 59 ) .
Sud-Ouest Assurances offer financial peace of mind Sponsored feature: Anne Gardini at Sud-Ouest Assurances explains options available to you if you live in France and are looking for financial peace of mind.
Daughter in UK and French AV I am British, live in France and have a British/French daughter living in the UK. If I take out an assurance vie in her favour, how will it be taxed after I die? T.D.
Should I take out new French 'AV' policy? If you have an assurance vie there is a tax-free element after a number of years. If you receive another lump sum you want to invest in AV, is it best to top up the one you already have and, if so, are you able to take advantage of the tax-free element already existing? Or should you take out a separate AV and start again from scratch? M.M.
Charges due on French AV withdrawals We have assurance vie contracts we have held for nine years. If we start to withdraw 鈧�9,200 per year as a couple, how much will be due in social charges and tax? I.S.
French law can help you enjoy the fruits of your work Many people have complicated family situations (children from former marriages etc.) and there are many solutions for achieving their inheritance wishes, whether via the EU Succession Regulation or other solutions, but what if we ask: 鈥淲hat do the French do?鈥�
French assurance-vie payout ruled to be inheritance Those opting to leave money to loved-ones via an assurance vie (AV) contract should avoid mentioning this in their will after a court ruled that such a payout may be deemed a bequest where there is an 鈥榦bvious link between the AV capital and their estate鈥�.
France v. Luxembourg for your assurance-vie plan People looking at a move to France must review their tax and estate planning and update investment strategy for the new circumstances.
Pension dilemma is cash-in tomorrow or today Would you prefer to receive 拢300,000 today or 拢10,000 a year for the rest of your life? While there is no right answer, this is a similar dilemma faced by many Britons with 鈥榝inal salary鈥� pensions. These 鈥榞old-plated鈥� pensions are where employers pledge a minimum income throughout retirement, plus yearly cost-of-living increases.
My PEP did not benefit from 65% reduction You replied to a query (Connexion, July) on the tax payable in France from a capital gain on a share sale, saying that as the shares had been held for more than eight years a reduction of 65% would apply to the gain. In 2016 we cashed in a PEP held since 1996, giving rise to a sizeable capital gain. Hoping for a similar reduction, we spoke to our tax office but were told it did not apply. It may help others in this situation if you could give background information on this. Plus, on our 3916 tax form, beside the list of UK bank accounts, is mention of declaring 鈥榓ssurance vie鈥� contracts. What, if any, UK investment plans fall into this category? J.H. Labrador Tag Feed Labrador Tag Feed Labrador Tag Feed Labrador Tag Feed
