Do I have to pay French Social Charges on my Assurance Vie?
Under the most recently approved & ratified legislation the French Government announced that certain Assurance Vie’s should be subject to annual social charges of 15.5% for gains on the investment and this charge is to be deducted at source.
This is not the case for every Assurance Vie in circulation however, so it is worth reviewing any Assurance Vie you hold to understand whether yours will incur this additional taxation.
This amendment here in France, coupled with recent UK budget changes around private pensions may make now an ideal time to have a free financial review. I am happy to sit down with you, at a convenient time and consider your current situation in France. We will cover:
- changes in legislation
- inheritance tax planning
- current investment returns
- achieving maximum tax efficiency
- pension planning & options
At The Spectrum IFA Group, we believe that regular face to face reviews are important to ensure that your financial situation is aligned to your current needs and plans, so if you have not considered your position recently, the month of May could be a good time to remedy this.
Whether you want to register for our newsletter, attend our June road show in San Loup sur Thouet, or speak to me directly, please call or email me on the contacts below & I will be glad to help you. We do not charge for reviews, reports or recommendations we provide.