UK residents with a property and business in France

[chillchalet]

I have had my business for 10 years and I still have no idea what is going on with my tax situation. I have paid through the nose for different advice and am constantly told that I have been given the wrong advice and that I need to change the way we are set up.

I came across this website and am really hoping that someone with the required set of skills and knowledge is going to come to my rescue and tell me what the hell I should be doing. Rather than tell you all the different set ups we've tried. I'll just give you the basic facts and I hope that someone can suggest how we should be set up. So the situation is this:

My wife and I own a fully furnished ski chalet in France.
We have a mortgage which costs 30k Euros a year, around 20k of which is interest.
We provide catered skiing holidays in the chalet to UK clients.
The cost of providing these holidays (food, water, heating, staff rent etc) is 30k Euros and £5k
All our income is £ circa £100k a year.
We move money over to France monthly to pay the Euro bills and the mortgage.
We employ 3 English people for 5 months each year who we currently pay £100 for 16hrs work a week, plus we pay their rent and buy their lift passes.
We lived in France for 5 years but currently live in the UK and don't plan to live full time in France again.
Neither of us has ever drawn any salary from the business and both work on it in the evenings.
I work full time for a building firm PAYE earning £22k before tax.
My wife looks after our 10 month old son full time.

I am looking for an accountant who can help me deal with both systems in the correct way. At the moment we are paying too much tax in both countries, and are entitled to nothing in either.
So if anyone has the skills to help I'd love to hear from you.

Many thanks

Chris

[pawncob]

So, you're UK resident (for tax purposes), under PAYE, and own a chalet in France. This is a pretty normal set of circumstances and I can't see why any provincial accountant can't deal with it. If you can't find one under recommendation, use Yellow Pages.