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Personal pension and 40% tax

Posted by rene1950 - Created: 4 years ago
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4 replies (Showing replies: 1 to 4)

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Posted by rene1950 - 4 years ago

Thank you to you all for your sound advice - it does seem like a bit of a minefield for me so I have decided to ask a French accountant for his advice - many thanks, Irene

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Posted by evenevenmoreantibs - 4 years ago

This was discussed recently http://brittany.angloinfo.com/forum/viewtopic/230386

It would appear that you have to pay 7.5% on the whole amount.

I cashed in my pension pot a month or so ago & have just sent the forms to the Hotel 'd impots to sign so I can reclaim the UK tax.

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Posted by Itwasntme-998041 - 4 years ago

rene1950. If you had spread it over different tax years and kept it under the yearly amount allowed tax free you better off. You do not have to claim this on same tax year.

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Posted by Poôte - 4 years ago

As this is still quite a new option I think only your locla Taxes d'Impot office would have the factual info ...you can ask as if you are still thinking about doing this rather than having already done so.