Income tax
| Income per Unit | Rate |
|---|---|
| From €9,711 to €26,818 | 14% |
| From €26,818 to €71,898 | 30% |
| From €71,898 to €152,260 | 41% |
| Beyond €152,260 | 45% |
Rates are progressive from 0% to 45%, plus a surtax of 3% on the portion of income that exceeds 250,000 euros (EUR) for a single person and EUR 500,000 for a married couple and of 4% for income that exceeds EUR 500,000 for a single person and EUR 1 million for a married couple.
What to do if you dont pay your taxes in France?
If you find yourself in financial difficulty in paying your tax bill it is possible to negotiate a delay in payment with the tax office. Likewise, if you have incurred a penalty charge due to non-payment you can also seek relief from the penalty. You will need to make application to the local tax office with proof of your current circumstances.
How much tax do you pay on income in France?
Non-residents usually pay tax on their France-sourced income at a minimum French tax rate of 20% for French-sourced income up to €27,519 and 30% for income above this threshold. How to file your income tax return in France Thanks to the PAYE system, for every monthly salary you receive, you’ll pay your income tax there and then, in real-time.
How are savings and investment taxed in France?
Flat Tax – Savings and investment income (dividends and certain other financial instruments) are subject to separate taxation through a ‘flat-tax’, called the Prélèvement Forfaitaire Unique (PFU), although it is possible to opt out of this tax. You can read more at Taxation of Savings and Investment Income.
What is the tax rate for non EEA in France?
There is no reduction in social charges for non-EEA residents, which remains at 17.2%. So for them the combined rate of social charges and income tax will increase from 37.2% to 47.2%, depending on income threshold, as above.
