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   08/04/2008, 13:02
mogs is not online. Last active: 13/05/2008 15:58:31 mogs

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Re: 2008 tax ceilings on 2007 income
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Last year a kind tax man (yes there are some LOL) filled our forms in for us at the Centre d'Impots.   He asked us if we had anything to offset against the tax, eg. children, house improvements etc. and he put down (somewhere) that we were paying contributions to URSSAF.

 

I'm going to attempt to complete the forms on line this year, but can't seem to see where we would put down for the contributions to URSSAF.   Do you total it up and put what was paid for the entire year?


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   08/04/2008, 13:33
Ron Avery is not online. Last active: 06/07/2008 14:12:56 Ron Avery

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Re: 2008 tax ceilings on 2007 income
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 I cannot see how much simpler it can be explained, if you want to know how much tax you will have to pay when you declare on line there is a tax calculator and an estimate of tax to pay before you send in your return, this is not available to residents of Cornwall thoughConfused [8-)]

Mogs You don't say if you are taxed as a business or not, as URSSAF collect all sorts of payments, from individuals and businesses.  Some payments would be allowed against income.  However, if you are talking about your CMU health care payments collected by URSSAF, there is no allowance for these against tax.  If you got that last year I would not advertise the fact, unless your tax man knows something that the rest of us do notSmile [:)]


Ron in the Avey-ron


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   15/04/2008, 20:02
meelypeach is not online. Last active: 14/04/2008 17:03:52 meelypeach

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Idea [I] Re: 2008 tax ceilings on 2007 income
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Fantastic! at last someone who can explain in words we all understand. Claire the table is great. Claire could you clarify details about tax liability on UK private pensions for my parents(married). I am a little confused about the 10% . A big thanks to Sunday Driver who also seems to know what they are talking about.
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   15/04/2008, 20:26
Clair is not online. Last active: 01/07/2008 18:46:50 Clair



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Re: 2008 tax ceilings on 2007 income
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Hi Meelypeach and welcome to the forum Smile [:)]

Sorry, I cannot offer any help on the matter, but I hope someone else here be able to...

Clair, a Real Virtual French Person

La vérité est si obscurcie en ce temps et le mensonge si établi, qu'à moins d'aimer la vérité, on ne saurait la reconnaître. (Blaise Pascal)
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   15/04/2008, 23:10
Ron Avery is not online. Last active: 06/07/2008 14:12:56 Ron Avery

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Re: 2008 tax ceilings on 2007 income
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Yes that 10% bit has confused hasn't it, You do not deduct anything off your total income when making your tax return, what SD was explaining was how it is calculated, not how to fill it in.

Ron in the Avey-ron


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   16/04/2008, 8:11
Cat is not online. Last active: 06/07/2008 16:03:59 Cat



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Re: 2008 tax ceilings on 2007 income
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 meelypeach wrote:
Fantastic! at last someone who can explain in words we all understand. Claire the table is great. Claire could you clarify details about tax liability on UK private pensions for my parents(married). I am a little confused about the 10% . A big thanks to Sunday Driver who also seems to know what they are talking about.

The French tax form FAQ might help you there...

http://www.completefrance.com/cs/forums/1196188/ShowPost.aspx


Cathy



Sun, sun, sun, here it comes...
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   14/05/2008, 15:34
Quarmby is not online. Last active: 22/06/2008 12:22:21 Quarmby

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Re: 2008 tax ceilings on 2007 income
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"Company pensions and the UK old age state pension are entered (gross) on form 2047 ". My wife has a UK state retirement pension and I have a Teachers' Pension. Both are taxed in the UK before we receive them. If I enter the gross amount, will the French authorities know that this has been taxed, and is not what we actually receive? 
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   14/05/2008, 15:45
Benjamin is not online. Last active: 04/05/2008 17:48:37 Benjamin

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Re: 2008 tax ceilings on 2007 income
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 Quarmby wrote:
"Company pensions and the UK old age state pension are entered (gross) on form 2047 ". My wife has a UK state retirement pension and I have a Teachers' Pension. Both are taxed in the UK before we receive them. 


DWP have no mechanism for deducting tax at source on a UK old age state pension (State Retirement Pension). Are you saying that your wife receives another pension in the UK and her coding takes into account her State Retirement Pension?




Benjamin

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   14/05/2008, 18:40
Ron Avery is not online. Last active: 06/07/2008 14:12:56 Ron Avery

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Re: 2008 tax ceilings on 2007 income
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From FAQs

Teachers pension: Form 2047, your gross pension goes in section VII. REVENUS EXONÉRÉS PRIS EN COMPTE POUR LE CALCUL DU TAUX EFFECTIF - the form explains which figures go where.  You then transfer the total to box TI on your form 2042.  

This amount is not taxed in France but is taken into account in determining the rate of tax payable on pensions that are taxable in France -See below

UK OAP and all other pensions are taxable in France

On the 2047 section VIII  REVENUS DE SOURCE ÉTRANGÈRE SOUMIS EN FRANCE À L’IMPÔT SUR LE REVENU ET IMPOSABLES À LA CONTRIBUTION POUR LE REMBOURSEMENT DE LA DETTE SOCIALE (C.R.D.S.) - just write in 'Titulaire de formulaire E121 (or whichever E-form you have), donc je ne suis pas a la charge de l'assurance maladie' and leave the amount box blank.

 However, if your heathcare cover is under couverture maladie universelle (CMU) and you are paying your quarterly 8% health contributions, then your pension will be subject to social charges. If this is the case, then as well as entering your pension(s) in box AS/BS on form 2042, you additionally need to enter the amount of your pension in section VIII of the 2047 and transfer the total to box TL (page 4, section 8) on form 2042.

You should not be paying tax in the UK on your OAP so back to the FAQs again

 You need to notify HMRC that you are now living and being taxed abroad so they can adjust your UK tax code to zero and refund you any tax paid since the date of your arrival in France.  You just ask them for a form FD5 which you complete and hand in to your French tax office with your first tax declaration.  They will stamp it to certify you are now a French taxpayer and send it back to the UK.

 

 


Ron in the Avey-ron


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   14/05/2008, 19:47
Jackie is not online. Last active: 01/07/2008 11:53:40 Jackie



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Re: 2008 tax ceilings on 2007 income
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Ron any comments on the following or have I got it wrong again in your opinion? Having had a good look at the Red 2047 form it clearly says in VII Total à reporter Ligne 8 TI de la Déclaration de Revenus [Total Col. 4 -(Total Col. 5 + Total Col. 6)] Which is the gross Govt pension minus the tax paid in the UK. In other words the NET Teachers or whatever pension in TI on 2042..........................J 
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