Nerc Concierge

11/08/2022

The only type of party

01/05/2022

Story of my life………………….

10/01/2022

4 years ago this happened. Happy 4th birthday Hugo 🥳🥳🥳🥳

20/08/2021

Instagram versus reality. Which do you prefer?

#

03/08/2021

Catching up with the new locals in Mougins….

14/04/2021

https://www.capital.fr/votre-argent/impot-sur-le-revenu-2021-la-date-de-debut-de-declaration-est-connue-1399195

French tax returns started the 8th April. Limit dates are starting on the 26th May until the 8th June depending on your department.

Quand pourrez-vous remplir votre déclaration d’impôt sur le revenu ? La date est désormais officielle… La campagne de déclaration de revenus sera officiellement lancée ce jeudi 8 avril par les ministres

13/01/2021

https://www.capital.fr/immobilier/credit-immobilier-les-taux-se-rapprochent-de-leur-plus-bas-historique-1390160

“The banks are charming creditworthy borrowers,” abounds Cécile Roquelaure, spokesperson for Empruntis. According to her analyzes, borrowers may be even more optimistic, with average rates (still before negotiation) reaching 0.95% over 15 years, 1.05% over 20 years and 1.40% over 25 years, respectively. The best profiles could even land rates at 0.6% over 20 years. Very low interest, fueled by the monetary policy of the European Central Bank, currently largely favorable to credit.

Les taux de crédit immobilier se rapprochent un peu plus de leur plancher historique en janvier selon les courtiers., En baisse continue depuis juillet, les taux de crédit immobilier sont très proches

04/12/2020

Legal actions against Center Parcs P&V regarding unpaid rent.

Des propriétaires de cottages ont décidé d’attaquer en justice le groupe Pierre & Vacances. Sa filiale Center Parcs est visée par 200 particuliers. Le groupe n’a pas payé les loyers lors du premier confinement, comme son contrat de bail le prévoit normalement.

03/12/2020

French tax authorities have confirmed UK Residents, owner of 2nd homes in France, will no longer benefit from EU exemption on social levies.

Exemptions:
As a non-resident, you cannot benefit from the exemptions related to the main residence.
However, a specific exemption may be granted to you for your residence located in France.

For this you must:

-Be a national part of a Member State in the European Union or of another State party of the agreement on the European Economic Area which has concluded an administrative assistance agreement with France with a view to combating fraud and tax evasion;
-Have been fiscally domiciled in France for at least two years at any time prior to the sale.

It applies within the limit of one residence per taxpayer and of € 150,000 in net taxable capital gain, to disposals made:

-No later than December 31st of the fifth year following the transfer of your tax domicile outside France.
or
-Without any time limit, when you have free disposal of the property at least since January 1 of the year preceding that of the transfer.

The exemption cannot be applied when the property is held through a legal person, for example an SCI.

Determination of capital gain and Levies.

The base for the capital gain is determined under the conditions of ordinary law (see block 2 “taxed capital gains”).

The taxation of capital Gain:

After deduction of allowances, capital gains realized by individuals and partnerships are subject to the levy at the single rate of 19%.

Capital companies are subject to the levy at the rate of 33.33%

Social contributions:

After deduction of allowances, capital gains realized by natural persons or natural person associates of companies belonging to partnerships are subject to social security contributions at the overall rate of 15.5%.

It is made up of the CSG (8.2%), the CRDS (0.5%), the social levy (4.5%), the additional contribution "solidarity autonomy" to the social levy (0.3%) and the solidarity levy (2%).

In addition, these capital gains are, where applicable, subject to the tax on high real estate capital gains and to taxes on the sale of land that has become constructible.

Procedures:
The procedures to be carried out are identical to those of common law (see block 2 "taxed capital gains")

In addition, you must have recourse to a tax representative if you are not domiciled in a State of the European Economic Area (excluding Liechtenstein) and the amount of the transfer exceeds € 150,000.

The representative can be:

-A company or body already permanently accredited by the tax authorities;
-A banking establishment in France;
-The purchaser of the property if he has his tax domicile in France;
-Any other person having his tax domicile in France.
The accreditation must be granted by the tax administration prior to the publication of the deed of sale (the property tax inspection of the public finance centre of the location of the building

26/11/2020

Savoie Mont Blanc release!
The presidential address on 24 November mentioned the very possible need to wait until January 2021 to see skiing restart in optimal conditions. This is a great disappointment for all the players in the mountains, who have been engaged since September alongside the government authorities to adapt the operation to the most demanding health constraints.
Pending the decisions that will definitively set the framework and the timetable under ten, taking into account the favourable developments of the epidemic indicators that we hope to confirm in the coming days, holidaymakers, secondary residents and owners will still be able if the containment was lifted on December 15, enjoy during the Christmas and New Year holidays a stay in the resort, with or without the possibility of skiing.

28/09/2020

Advice from a Palm Tree

Soak up the sun
Stand tall and proud
Remember your roots
Drink plenty of watch
Absorb the view

-19 #

27/09/2020

Autumn is here