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Rise for tax bands
TAX bands for 2013 income to be declared this spring have been announced, showing the first rise in three years.
TAX bands for 2013 income to be declared this spring have been announced, showing the first rise
in three years.
After a two-year freeze, they once again rise with inflation, avoiding people rising into a higher
band or becoming eligible for tax when they did not pay it before if income has risen in line with
inflation.
The new bands are:
Income from 0 to €6,011 - 0%;
then up to €11,991 - 5.5%
then up to €26,631 - 14%
then up to €71,397 - 30%
then up to €151,200 - 41%
then income above this - 45%.
The so-called “75% tax” on very high incomes, applicable from this year (in fact 50% tax, plus social charges) applies only to income above €1million and is payable by the employer, not the employee.
The Connexion will publish an updated guide to French income tax this spring, showing readers how
to complete their 2014 French tax forms. It will be especially written for Britons living in France.
If you have a question on income tax in France please email news[at]connexionfrance.com We cannot answer all the questions that we receive but we will include a selection with answers in the helpguide.