Blevins Franks seminars

[Dave_Lawson]

This is it and yes George! Seems a very knowledgeable chap!

Tax ruling on taking 2 pension lump sums/7.5% tax rate

This lengthy post (for which advance apologies) will probably only be of interest to those who have taken (or plan to take) a pension lump sum (‘No 1’) before coming to France AND taking another lump sum (‘No 2’) from the same plan AFTER coming to France. Specifically the issue is whether you can obtain the favourable 7.5% French tax rate on lump sum No2? Ordinarily that rate only applies to single lump sums that distribute the entirety of a plan, with limited exceptions. The issue has been discussed on SF previously, and @larkswood12 in particular has kindly provided me with references to official Tax Bulletins that explore the French tax administration’s perspectives. For completeness I made a formal request (‘un rescrit’) in June this year for an advance tax ruling from the tax administration. The question was whether, having taken No1 lump sum whilst UK resident (tax free up to 25% of fund in UK) I was able to take No 2 lump sum, ie the balance, whilst French resident and benefi…

[JaneJones]

@Helenochka

Would that be George? I’m planning to marry him in my next life.

He is a bit accident prone tho’, so make sure you have good health cover. But yes!

[Helenochka]

Hands off Jane. He’s all mine.

[Stella]

@Dave_Lawson

so never let the first no put you off

In my experience, when asking something important here in France… “no” is just the opening gambit for a long (and hopefully useful) discussion…

[Dave_Lawson]

A good “no” at the start makes it feel like you’ve achieved something at the end

[George1]

@Helenochka

Would that be George? I’m planning to marry him in my next life.

Quite made my day! How can I possibly refuse?! As a token of my deep appreciation, I have finally tracked down a hard copy of the French language section of Form France Individual, which I found in a pile of old papers that I use for drawing practice!

I have scanned the form. Unfortunately the file is 11mb, which is seemingly in excess of the limit allowed by this forum’s infrastructure (4mb). I’ve tried to compress it but couldn’t get it below the forum limit. If you like, I can email it to you if you’d be happy to PM me with your email address? No offence whatsoever will be taken if you don’t need the form!

[JaneJones]

@Helenochka

Hands off Jane. He’s all mine.

I would be prepared to give up my ghostly claim for a tax expert in favour of a technical & IT wizard. ??

[Helenochka]

Thanks a million. I THINK I’ve PMed you.