UK Ltd Dividend income
Apr 12th 2023, 2:26 pm
#1
Just Joined
Thread Starter
Joined: Apr 2023
Location: France
Posts: 1
UK Ltd Dividend income
Hi all,
I've been looking all over for clear information on UK dividend income and French taxation but it seems to exist in a black hole.
I'm about to file my first tax return here in France for 2022 (arrived here December 2021). My primary source of income for now are dividends from a UK Ltd. I've paid tax on the last UK tax year (2021/22).
I guess my question is if anyone knows where tax liability lies between the two countries for dividends?
From the little I've found (and hopefully understood), the UK has primary taxation rights to said income, but France can claim any excess amount up to their tax threshold. Does anyone know if that is correct?
Any resources people have found that cover this topic would be very much appreciated too.
Many thanks in advance!
I've been looking all over for clear information on UK dividend income and French taxation but it seems to exist in a black hole.
I'm about to file my first tax return here in France for 2022 (arrived here December 2021). My primary source of income for now are dividends from a UK Ltd. I've paid tax on the last UK tax year (2021/22).
I guess my question is if anyone knows where tax liability lies between the two countries for dividends?
From the little I've found (and hopefully understood), the UK has primary taxation rights to said income, but France can claim any excess amount up to their tax threshold. Does anyone know if that is correct?
Any resources people have found that cover this topic would be very much appreciated too.
Many thanks in advance!
Apr 13th 2023, 2:37 pm
#3
BE Enthusiast
Joined: Sep 2019
Posts: 654
Re: UK Ltd Dividend income
Or you could get the answer from the horses mouth about how and where you need to declare this income on the french tax form by going along to your local tax office You will find them really helpful totally unlike HMRC
Apr 14th 2023, 6:49 am
#4
Lost in BE Cyberspace
Joined: Apr 2008
Location: Hérault (34)
Posts: 8,890
Re: UK Ltd Dividend income
Hi all,
I've been looking all over for clear information on UK dividend income and French taxation but it seems to exist in a black hole.
I'm about to file my first tax return here in France for 2022 (arrived here December 2021). My primary source of income for now are dividends from a UK Ltd. I've paid tax on the last UK tax year (2021/22).
I guess my question is if anyone knows where tax liability lies between the two countries for dividends?
From the little I've found (and hopefully understood), the UK has primary taxation rights to said income, but France can claim any excess amount up to their tax threshold. Does anyone know if that is correct?
Any resources people have found that cover this topic would be very much appreciated too.
Many thanks in advance!
I've been looking all over for clear information on UK dividend income and French taxation but it seems to exist in a black hole.
I'm about to file my first tax return here in France for 2022 (arrived here December 2021). My primary source of income for now are dividends from a UK Ltd. I've paid tax on the last UK tax year (2021/22).
I guess my question is if anyone knows where tax liability lies between the two countries for dividends?
From the little I've found (and hopefully understood), the UK has primary taxation rights to said income, but France can claim any excess amount up to their tax threshold. Does anyone know if that is correct?
Any resources people have found that cover this topic would be very much appreciated too.
Many thanks in advance!
As you're "about to file" your first tax return, you must have acquired the paper forms already. As suggested, return to your Tax Office and ask where to enter the figures. If you'd like to make sure that everything has been filled in correctly, you'll probably have to make an appointment. The service is free. Whichever Département you live in, you've got plenty of time.....( I did this the year following OH's death, as I couldn't cope with doing two separate Déclarations, and have got the Financial Adviser at my Bank to do it for me ever since (for free), as I can't cope with doing it on-line on my own.)
HTH
