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INVESTMENT AND TAX IN FRANCE 2002, by Geoff Heywood


Investment and Taxes

Many of you, like me, probably came to Paris with no certain idea of how long you would stay. A couple of months stretched out to several; then suddenly you find you've been here for a year and somewhere over the last 12 months you've stopped wondering when you would go back. You know you're here to stay.

So you're no longer a tourist or a even a visitor. You've become a resident which has important implications. You may well prefer to keep on dreaming about sunsets on the Pont Neuf, shopping on Boulevard Saint-Germain or whiling your way away on crowded terraces, or in old-fashioned bistrots, but it's time to get to grips with some important things about living in France. Paying your taxes, for example.

If you work some of the boring stuff will have been done for you. Your monthly pay will already have been whittled away to almost nothing after dozens of deductions for your insurance in case you're ill or you get fired and eventually for your pension.

But how about the bits that you have to do yourself? The tax return you have to fill in at the end of the year, if you're a resident, for starters. Then, even if you don't think of yourself as being old, you should start thinking about your pension. With the demographics going the way they are at the moment the pension you get from the State will probably be worthless when you retire. And yes, you should really think about your will too.

Thanks to Geoff Heywood everything you possibly need to know about these important matters, can be found in his new book "Investment and Tax in France" Heywood, a graduate of the LSE trained as a chartered accountant in London, and his financial and industrial career included launching two companies on the London Stock Exchange. He's certainly no fly-by-night life insurance salesman.

Living in Paris for several years, he advises and writes on international investment and tax and lectures at the Ecole Superieure Libre des sciences Commerciales Appliquées and he is a member of the Compagnie Nationale des Professionals du Patrimoine and of the Association of British Accountants in France. His book which is surprisingly - and refreshingly - easy to read, covers any conceivable question you might have about tax and investment, and perhaps most important of the lot, is the chapter on tax planning techniques which tells you how you can legitimately reduce the amount of tax you pay. Perhaps the biggest plus of all, is that if you need further advice you can get it from the man himself... all be it a price. But you may be saving yourself a fortune.

For further information:
Mr Geoff Heywood
+ 33 1 44 71 35 91
Email : Gheyw37141@aol.com
Site : www.cabinetheywood.com



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