Category: Money

VAT in France to rise to 21.2 percent

VAT in France to rise to 21.2 percent

President Nicolas Sarkozy has announced plans to raise the main rate of VAT (or TVA  in French) by 1.6 percent.

France’s new economic blueprint?

France’s new economic blueprint?

François Hollande’s top economics advisor talks about his vision of the future for this country.

How will you be affected by the latest tax increase proposals?

How will you be affected by the latest tax increase proposals?

The government is currently considering various tax increases as part of its austerity measures, writes Bill Blevins, managing director, Blevins Franks.

VAT up on restaurants and renovation work

VAT up on restaurants and renovation work

Prime minister François Fillon has unveiled proposals which he says amount to the toughest austerity measures since the end of the Second World War.

Will French government put up VAT rate?

Will French government put up VAT rate?

The downgrading of growth estimates for the French economy in 2012 to just 1 percent will leave a hole of between €6 billion and €8 billion in government coffers.

Dexia bank nationalised – French taxpayers help in bail out

Dexia bank nationalised – French taxpayers help in bail out

The Franco-Belgian bank Dexia, which has become the first banking victim of the debt crisis in Euroland, is to be bailed out by French, Belgian and Luxembourg taxpayers.

What guarantees do French banks offer if they fail?

What guarantees do French banks offer if they fail?

The health of some of the French banks has been the subject of much media speculation in recent weeks…

Capital gains and other tax changes in France

Capital gains and other tax changes in France

Faced with the need to reduce its budget deficit still further, the government introduced some new tax measures last month. Bill Blevins of Blevins Franks outlines the changes.

Is France a tax haven?

Is France a tax haven?

Robert Kent of tax and investment consultants Kentingtons attempts to dispel the myth that living in France automatically means paying higher taxes

Government climbdown over theme park TVA and second homes capital gains tax

Government climbdown over theme park TVA and second homes capital gains tax

Prime minister François Fillon and budget ministers have moved quickly to retreat from two key measures announced in last month’s budget after fierce opposition from their own MPs.

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