People whose tax withholding on 2022 revenue was insufficient to cover their tax statement will see a withdrawal today in either a lump sum or in four instalments.
Around 9.6 million people will see the withdrawal on their accounts on September 25, with the total windfall for the government expected to be €21.7billion.
The debit, which should primarily concern people whose income increased in 2022, should come as no surprise to those who read their income tax statements.
Learn more about how the French tax system works in our Tax guide.
The French system of tax withholding sets a rate based on the previous year’s tax bill. In cases where people’s revenue increases, the rate is insufficient to settle their tax bill, hence the need for a further payment.
This payment will be made under the name DIRECTION GENERALE DES FINANCES PUBLIQUES with the label SOLDE IMPOT REVENUS 2022 N DE FACTURE XXX.
If the total amount to be settled is more than €300, the payment will be made in four instalments, which happen today, on October 26, November 27 and December 27.
People can help avoid having to pay out a settlement at this time of year by signalling any increases in their revenue on their personal space on impots.gouv.fr and going to ‘Gérer mon prélèvement à la source’.
This will allow the tax authorities to adjust your tax withholding rate according to your real income.
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Income Tax in France 2023 (for 2022 income)*
Visa and residency cards for France*
