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Old 14.02.2012, 12:20
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Living in France, working in Geneva - taxes..?

Hi,

I was wondering if someone could advise how I will be taxed if I live in France and communte into Geneva for work. Will I be subject to French taxes/do I have to register in France & Switzerland? Also if I still have a house I am renting out in England - does this have to be declared to the French or Swiss authorities..?

Thanks
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Old 14.02.2012, 12:59
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Re: Living in France, working in Geneva - taxes..?

All your questions have already been covered extensively. This one & the others. Have a peek around and through the forum and then when you have specific questions I'm sure someone will be along to help.

Good luck with your move & welcome to the forum.

OH, ETA: If you scroll down you will find a list called similar threads. That's a good place to start.
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Old 14.02.2012, 13:10
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Re: Living in France, working in Geneva - taxes..?

Ok thanks - i have looked at similar threads so I am right I will get taxed at source in Geneva, fill in a French tax form and declare my UK interests on that & not have to fill in a UK tax form?
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Old 14.02.2012, 13:16
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Re: Living in France, working in Geneva - taxes..?

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Ok thanks - i have looked at similar threads so I am right I will get taxed at source in Geneva, fill in a French tax form and declare my UK interests on that & not have to fill in a UK tax form?
If you have substancial interests you may be liable to tax in the UK, France & CH. If 90% of your income is derived from your work in Geneva you will not have to pay tax on that income in France. If thats not the case you will be liable to tax in France & possibly the UK if you have not really 'left'
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Old 14.02.2012, 13:20
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Re: Living in France, working in Geneva - taxes..?

Thanks - Im only renting out my house in the UK so I dont have to sell it to move. There wont be much left over after the rent covers the mortgage so will the income be based on the profit left over or will the 100% rent figure be treated as income as this would change the situation I think.
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Old 15.02.2012, 23:20
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Re: Living in France, working in Geneva - taxes..?

That's a french tax problem, not a swiss one. Go and see your local french tax office. Against all expectations, I've always found them very friendly, helpful and professional.
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Old 16.02.2012, 00:45
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Re: Living in France, working in Geneva - taxes..?

If you own property, and have income in Britain, you will probably be taxed in the UK on your global earnings, as you have not left the UK. Google is your friend!

http://www.hmrc.gov.uk/international/tax-return.htm

Last edited by Sbrinz; 16.02.2012 at 00:58.
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Old 16.02.2012, 00:58
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Re: Living in France, working in Geneva - taxes..?

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If you own property in Britain, you will probably be taxed in the UK on your global earnings, as you have not left the UK. Google is your friend!

http://www.hmrc.gov.uk/international/tax-return.htm
I don't agree. There are plenty of people living and working permanently in CH who continue to own property in the UK, and elsewhere. The easiest thing to do is to have the property managed professionally and through the property managers, complete the relevant form declaring that you are non-resident in the UK (sorry, the exact nomenclature escapes me at the moment). That ensures that no tax is deducted from your rental income -- though unfortunately VAT will still be added to every charge the managers make. And of course you won't be liable for UK tax on your Swiss earnings.
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Old 16.02.2012, 01:05
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Re: Living in France, working in Geneva - taxes..?

He needs to read the definitions of residence, domicile, income, nationality etc. it is not always at all clear and the UK tax man relies on previous court cases which have established precedence. New rules are under discussion to clarify the positions of ex-pats. Certainly for the first 2 or 3 tax years he works abroad they will hound him for money.

EG: You may need to complete a tax return if you:
have been self-employed in the UK - you will need to declare your earnings for the period you worked in the tax year up until the date you left
keep any UK income or assets (such as property or investments) after you have left the country.
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Old 16.02.2012, 17:36
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Re: Living in France, working in Geneva - taxes..?

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Ok thanks - i have looked at similar threads so I am right I will get taxed at source in Geneva, fill in a French tax form and declare my UK interests on that & not have to fill in a UK tax form?
One small bit of advice, when being taxed at source in Geneva, make sure they calculate the correct amount of deductions (yes even with tax at source) you are entitled to. This is often forgotten and you end up paying more than you should.

Good luck
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Old 16.02.2012, 17:41
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Re: Living in France, working in Geneva - taxes..?

You have to declare your income from your hose. If you are domiciled in France you pay tax in France.
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Old 16.02.2012, 17:42
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Re: Living in France, working in Geneva - taxes..?

Woops! Thatwould read in an interesting way. House.
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Old 16.02.2012, 17:47
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Re: Living in France, working in Geneva - taxes..?

You still have to fill in a UK tax form and if your house is renting out for mega bucks pay some tax there. If you are a couple you probably won't pay any tax as you both have your tax allowances.
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