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French PM warned against lowering VAT on fuel
Proposal measures described as too costly by advisory body
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New report shows how much you must earn to be considered rich in France
France’s national statistics agency (INSEE) highlights income thresholds in France
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France cuts air ticket tax on 26 regional routes
The measure follows government efforts to support underserved areas
€700m in extra tax collected in France
The change to at-source income tax which began on January 1 is set to mean around €700million more tax collected this year.
The Finance Ministry says it is on course to recover 99% of tax due, up from 98% last year.
It says the new arrangements, including automatic levies on salaries and pensions, are proving effective at combating non-declaration due to fraud and “fear of formalities”.
There had been concerns that teething problems with the change could lead to a decrease this year but they have proved unfounded.
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