Form 2042 K Question

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goslow
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Form 2042 K Question

Post by goslow » Mon Apr 30, 2018 1:00 pm

I see on the form 2042 k that the tax authorities want a rib attached for 2019. I am sending in a tax return for one of my sons who has a small apartment in France, however he is now living in Australia. He rents the property each year for holiday rentals, the tax and social costs are less than 400€ a year, do I have to attach a Australian RIB to this form, it seems a little stupid, can I use my french bank account RIB.

Jaques
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Re: Form 2042 K Question

Post by Jaques » Mon Apr 30, 2018 1:07 pm

I dont send any, yes they want it but I prefer they dont have it. I just get a bill when applicable

elsie
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Re: Form 2042 K Question

Post by elsie » Mon Apr 30, 2018 1:43 pm

They are gradually switching to online payment or direct debit of taxes, etc. so they can deduct them on a monthly/3 times-a-year basis.
For 2018 the threshold is 1000€. For 2019 it will be 300€. So they are asking for bank details so they can set up the mechanism. If you don't pay that way there will be a fine of 0.2% (minimum 15€)
https://droit-finances.commentcamarche. ... re-en-2018

So either send them a RIB for your bank or pay by cheque and expect a surcharge in the future.

goslow
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Re: Form 2042 K Question

Post by goslow » Mon Apr 30, 2018 3:05 pm

Thanks for the information. I guess it has to be a RIB, I just feel very uncomfortable giving people unlimited access to my bank account. SFR as an example have taken out substantial sums illegally which required us to create an opposition in our bank account.

elsie
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Re: Form 2042 K Question

Post by elsie » Mon Apr 30, 2018 4:01 pm

It is also mentioned on the back of the notes (cerfa2041ALK) they send out with 2042.

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DominicBest
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Re: Form 2042 K Question

Post by DominicBest » Mon Apr 30, 2018 4:04 pm

A RIB does not give anybody unlimited access to your bank account. Knowing your bank account number and sort code is not enough to access the account. Those details have probably also been on every cheque that you have ever written.
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Kathyc (Mon Apr 30, 2018 6:20 pm) • exile (Tue May 01, 2018 10:42 am)

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Re: Form 2042 K Question

Post by Kathyc » Mon Apr 30, 2018 6:21 pm

DominicBest wrote:
Mon Apr 30, 2018 4:04 pm
A RIB does not give anybody unlimited access to your bank account. Knowing your bank account number and sort code is not enough to access the account. Those details have probably also been on every cheque that you have ever written.
I've tried pointing that out to people when I've wanted to transfer money into their account but most are shocked at the very idea!
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DominicBest (Mon Apr 30, 2018 6:23 pm)

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