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You must declare for tax in France even if nothing to pay
The annual deadlines for declaration are staggered by department and begin next week
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GRAPH: See food, energy and services price changes in year in France
French consumer prices are still rising with tobacco showing the highest increase year-on-year
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How does income tax season in France differ to other countries?
Rob Kay, Senior Partner at Blevins Franks, helps you navigate your way through tax return season
0.75% rate for Livret A until 2020
New move commencing in February
Interest rates on the popular tax-free ‘Livret A’ savings accounts are to be frozen at 0.75% – their lowest ever – until January 2020. The move, which comes into force in February, means the rate will have been at 0.75% for five years as it was first set in August 2015.
With inflation now 1.1% the Livret rate could have risen to 1% under the normal calculation but this would have been against the run of the market.
A new calculation will be in place by the start of 2020.