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TOPIC: Re:Best place for savings
#25
pwthomas (User)
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Best place for savings 2008/01/13 11:55 Karma: 0  
Hi,
Recently sold up and moved to France from the UK, my wife has a job in Switzerland and pays tax in France under the Frontaliere agreement, I do not work as we have small children in local schools and they come home for lunch and do not have school on a wednesday! Hence it would be difficult at this time for me to work full-time.

We have bought a house in France but did not use all of the proceeds from our house sale in the UK, hence we have a significant sum sitting in a deposit account not really earning much interest.
My main questions are; what or where is the best place for this money for growth/income and what is the tax situation - do we pay tax at source etc etc.

I keep looking at offshore accounts and even get around to filling the application in but cannot determine the best option for tax liability. I have enquired recently at several IFA's in the UK without much response.

Any advice would be appreciated.

PS - love every minute of our new life.

Pete
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#26
Max (User)
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Re:Best place for savings 2008/02/04 21:53 Karma: 0  
I'll look into this for you. There is a book shop on this site containing tax and savings guides which I have used before where you might be able to find a relevant book. They cost about £24 but are well worth the money. see http://www.taxcafebooks.co.uk/index.php?id=11250

hope this helps
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