Ask Questions to a financial planner in France - Podcast

Banking & Financial Tax & Social charges
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Hi, me and @cat are recording some podcasts next week so will do a Q and A.

Anything financial I’ll try and answer as many as I can…

Will post the link on here when it’s up.

Or you can send me a Messages and we will do it from Anonymous…

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OK. I have a Standard Life AVC of GDP 160k and I am told I have to take the total as a lump sum. I am a dual national, one unfortunately British.
What can I do to mitigate the tax burden? I am a French tax resident.

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I’ll cover this on the pod for you… can you advise if you have ever taken any money out of it? I’ll be making the assumption you have had tax relief saving into it and so has your employer?

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I have not lived in the UK for more than 25 years. Employer? I am the boss.

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This thread has many questions in it!

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I’ll have a dig through and pull out a load of Q’s and try and deal with them on the pod… thanks @JaneJones

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Extremely interesting @Dave_Lawson

I’m seeing a pattern in that a private pension appears to be a private pension in French eyes only if the employer + employee have made contibutions with tax relief. Without this - there’s no eligibility for 6.75% transfer rate.

However if we’ve a DB → DC in the UK without employee contributions or a DC without employer contributions (£2750 x 5 into a SIPP when in France) - then we can still fill out a FFI or however many (thanks @George1) … … and get them through flexi-drawdown at the appropriate tax (so nothing if <E30k) and Social charges (either 0% or 9.1% dependent on whether we’re PHI or in the state healthcare system).

A sense is coming through at long last … … … :slight_smile: