LEGGETT IMMOBILIER - LOCAL KNOWLEDGE YOU CAN TRUST
of the funds chosen; the level
of risk is set by you after discussion
with your advisor) or
you can take a lump sum.
So, as an example, if
David and Jean invested the
£200,000 which made a profit
of 5% in the first year, and they
wanted to take a 3% income,
would it be taxed in the same
way? Well no! The insurance
company would work out how
much of the withdrawal is profit
and how much is deemed to
be return of your capital. Only
the perceived profit part is
taxed. On the above figures the
taxable gain would be €771.43,
of which €270 would be the tax
element and €119.57 would
be the social charges. That's a
saving of €3273. Don't forget
that these investments normally have
running costs and/or an
up front fee.
The other great thing about
these type of investments is
that you can name specific
beneficiaries to receive the
funds and could achieve David
and Jean's aim of maintaining
control over their funds.
Jennie is happy to answer
any queries you may have by
telephone or email. She and her
team would be delighted to help
you plan your move to France.
Jennie can be contacted at:
Tel: France +33 (0)6 34 11 95 18 or
UK +44 (0)333 2416966
www.bgwealth.eu for information and factsheets.
LEGGETT MAGAZINE EXPERT ADVICE
Standing out amongst the best for:
UK and French financial advice including
● Tax and investment advice
● Inheritance advice
STANDING OUT AMONGST THE BEST...
UK AND FRENCH
• Tax and investment advice
• Inheritance advice
• Reviewing pension arrangements
We care about you and your money.
Our vision is to build a long term
strategy to take care of your financial
requirements for your life in France.
Email: email@example.com or firstname.lastname@example.org
Beacon Wealth Management