UK tax considerations on selling a French property

Tax considerations of a French property sale

There are a number of things to consider in relation to tax when selling a French property:

• You must ensure that your French capital gains tax liability has been calculated, taking into account all expenses to which you are entitled.
• You must declare the sale to HM Revenue & Customs by a UK self-assessment and pay the tax due.
• In some circumstances, there are other French taxes that could affect you on a sale and we can work with your French Notaire to help you determine what these other taxes are.

Choose Furley Page for advice on French property

We can help you navigate tax issues surrounding a French property sale, including:

• Calculating your likely UK capital gains tax liabilities before you are bound into a sale, so you can work out the full costs of sale.
• Liaising with the French Notaire to check your French capital gains tax declaration for you, and we can help you submit your UK tax return to HM Revenue & Customs.
• Advising you on any steps you can take to reduce the capital gains tax liability prior to a sale.

Contact Sharon Wilson-Dutin or Deborah Vaysse to find out about our French property services.