French based higher earners earning over €250,000 (£209,000) as an individual or single taxpayer, and €500,000 (£418,000) per couple, will have to pay a minimum tax rate of 20% on their total taxable income for the next three years, which will hit Brits living in France and taking advantage of the expat tax regime as well as a general high net worth taxpayers.

The personal tax higher rate charge will be in force for three years, covering the current 2024 tax year.