French Tax Return Time

18.04.14

Please note that this article is over six months old. While Blevins Franks takes care to make sure that information is accurate on the date of publication, some content may change over time. You should not rely on the accuracy of legislation and tax information in this article; take professional advice for your circumstances.

If you live in France you need to submit your income tax return for 2013 by 20th May.

It is that time of the year again, when French residents have to fill in and submit their income tax returns. Note that the dates are earlier than usual this year.

The deadline for submitting paper returns is 20th May.

The deadline for submitting online returns vary according to department:

  • Departments 01 to 19: 27th May
  • Departments 20 to 49: 3rd June
  • Departments 50 to 976: 10th June

Non-residents need to declare French source income by 16th June. If you live outside Europe, North Africa and the US, you have until 30th June.

The main income tax return is Form 2042. The standard form is 2042 DPR, while a simplified version Form 2042S DPR is available for those who only have French earnings, pensions and benefits.

You are likely to also need to fill in one or more of the supplementary forms, such as:

Form 2047 – Foreign income of a resident
Form 2074 – Capital gains on financial investments
And various forms for lettings income.

You need to declare your worldwide income for the 2013 tax year, which is from 1st January to 31st December 2013. From 1st January 2013 interest income and dividends are subject to income tax as part of the household income for the year. You therefore need to include this income, even if you paid tax in advance. The tax return will then determine if you owe more tax on this income or are eligible for a refund.

Tax is assessed on the income of the household. Husband and wife cannot submit separate tax returns unless they got married that year. To avoid the higher rates of tax where there is a high income, but more than one household member, the family is divided into a number of parts familiales.

It is your responsibility to obtain and complete a tax return each year. You should be sent one, but if not you need to obtain one yourself.

This is a good time to review your overall tax position to consider whether everything is as tax efficient as it can be. Consider how and where you hold liquid assets, property, and what source of income you receive. The new taxation rules on investment income make this even more important, and looking ahead the new UK pension options under the March budget need to be carefully considered from a French tax point of view, among other considerations.

While it is important to submit a correct tax return, you also need to have organised your affairs to avoid any unnecessary tax. There is no one-size fits all solution, you need to take your personal situation, objectives and needs into account.

Specialist advice is essential. Click here to contact one of our offices in France.

Tax rates, scope and reliefs may change. Any statements concerning taxation are based upon our understanding of current taxation laws and practices which are subject to change. Tax information has been summarised; an individual is advised to seek personalised advice.

Tax rates, scope and reliefs may change. Any statements concerning taxation are based upon our understanding of current taxation laws and practices which are subject to change. Tax information has been summarised; individuals should seek personalised advice.

Have a General Enquiry?

Get in touch
Expand Form