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UK residents with property in France. What are your tax obligations?

Many British readers own property here in France but remain resident in the UK. For many of them it is a holiday home, which they may also rent out from time to time. For others it is an investment property. Either way, you need to understand what all your tax liabilities are on the property, bearing in mind that it is your responsibility to declare the property and any income and gains correctly.

With the UK Treasury issuing another warning against hiding assets offshore - including property – it is worth reminding UK residents what their tax obligations are on their French property, here in France as well as in the UK, particularly since there have been some changes in France this year.

via www.blevinsfranks.com

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