|
|
French Finance
Topic has 39 replies.
 
 
|
|
Sort Posts:
|
|
|
|
15/05/2008, 10:40
|
David
Joined on 23/08/2004
North Deux-Sevres
Posts 376
|
|
|
|
SPG and Coops,
Many thanks for your very clear answers to my question. I had wrongly assumed that you used the FD5 each year, so it seems that I was using the wrong form and the wrong method.
Many thanks again.
David
Edit. p.s. Should I claim back the UK tax for the UK tax year or the French tax year? In my French tax return I will be declaring the interest earned for the French tax year.
|
|
|
|
|
Report
|
|
|
|
15/05/2008, 11:05
|
cooperlola

Joined on 05/05/2006
72 - Sarthe - home of les 24 heures du Mans
Posts 6,446
|
|
|
|
|
|
15/05/2008, 11:21
|
Ron Avery
Joined on 29/11/2004
Aveyron 12
Posts 3,396
|
|
|
|
Bob You are in dreamland, few now pay gross to overseas customers R85 or whatever it is or not!!
There are a couple of ways to get back tax paid on savings in the UK. the easiest if you have a non government pension and you have to do one anyway, is to do it by a UK self assessment tax return in the year concerned. Provided that that you have your pension paid gross in France, all you do is complete the assessment with the details of the tax deducted and interest paid, (you do NOT have to declare your French taxed pension ) and provided that the total income from savings is below your free pay, you get the tax paid refunded. This is the method recommended by the HMRC centre for non-residents at Bootle.
Why not post a sensible answer, people will appreciate it more
|
|
|
|
|
Report
|
|
|
|
15/05/2008, 11:30
|
sweet 17
Joined on 05/08/2006
charente maritime
Posts 2,985
|
|
|
cooperlola wrote: | | Depends on the bank/building society.... |
|
Except that even the same organisation does different things. For example, I have an internet based savings account with Nationwide on which they pay me interest gross; it was opened when I was still living in the UK.
I also have an internet operated savings bond with the same building society and the interest on that is going to be paid net. They told me that as I now live overseas they cannot pay me gross.
Needless to say, I have kept schtump about the other account and will just quietly claim back the tax from the UK when the bond matures.
I think that even within the banks, building societies themselves, it's a case of the right hand not knowing what the left hand is doing.
|
|
|
|
|
Report
|
|
|
|
15/05/2008, 12:04
|
BobDee

Joined on 17/08/2005
Reaup Lisse 47
Posts 118
|
|
|
|
Just off the telephone with Nat west and Nationwide.
I have E savings with both. Natwest say if you want your interest paid gross you will have to close the account.
Nationwide say no problem, just fill in their R85 form. Young lady there said vast numbers of their customers are overseas and get interest paid without tax.
Nationwide win again!
BobD
|
|
|
|
|
Report
|
|
|
|
15/05/2008, 12:21
|
David
Joined on 23/08/2004
North Deux-Sevres
Posts 376
|
|
|
|
BobD,
Will Nationwide accept new overseas customers?
David
|
|
|
|
|
Report
|
|
|
|
15/05/2008, 12:34
|
BobDee

Joined on 17/08/2005
Reaup Lisse 47
Posts 118
|
|
|
|
David,
I think not but Nationwide International will
BobD
Sorry Mods, this is not meant to be a Nationwide plug!
|
|
|
|
|
Report
|
|
|
|
|
|
Page 4 of 5 (40 items)
|
< 1 2 3 4 5 > |
|
|
|
France Forum » Legal and Finan... » French Finance » Is an FD5 a FD5?
|
|
|
|