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Earning a Living
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 09/11/2008, 18:54
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suein56
Joined on 23/08/2004
Southern Morbihan (56)
Posts 1,326
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Re: Cost of Living for familes in France?
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 parsnips wrote: |
If you will need occasional money from your mother a tax free method (discussed recently with a Notaire ) is for your mother to send the money in reasonably sized amounts , say up to 2000€ at a time , on your and your childrens' birthdays and at christmas for all of you . These are called "presents d'usage" and provided they are not unreasonably large compared to your mothers estate (which, as she is not in France, the french tax man does not have the authority to investigate) they are subject to no taxes, and need not be declared. |
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Even though these amounts seemingly don't need to be declared, if La Sizer did use this method taking into consideration that there is/are the 2 of them and also their 5 children, who might each be receiving money each year, then I would be most surprised if the Fisc didn't investigate them due 1) to the sheer amount of undeclared euros that would be being credited to their French bank account and 2) to the sheer amount that would be disappearing from grandma's UK bank account. The UK has a similar system of payments that can be made annually to relatives from disposable income, but if unduly large or numerous amounts are made the IR wants to know why/how the originator has suddenly acquired an increased amount of disposable income.
Sue
Computing - it's another world
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09/11/2008, 19:58
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anniefromwales
Joined on 04/07/2008
Wales / Normandy 61
Posts 53
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Re: Cost of Living for familes in France?
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There's all sorts of things in this post that I would have a problem with. However, money from a relative seems to be the least of them. Simple answer surely is for the OP to have a second card on mum's account, and withdraw cash from a hole in the wall in euros, in discreet amounts. It needn't touch your French bank account.
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09/11/2008, 20:04
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La Sizer
Joined on 08/11/2008
Posts 18
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Re: Cost of Living for familes in France?
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Yh, that side of it Im not fussed about, it would just be a back up plan. More importantly is finding a job I think. There seems to be a demand for plumbers, but im also training to do CAD drawing, whats that in French so I can look it up on that job site place??
Simon - www.decalz.co.uk
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France Forum » Living » Earning a Livin... » Re: Cost of Living for familes in France?
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