On tax rates it states " Le projet de loiindexe le barème de l’impôt sur le revenu sur l’inflation (+1,8%),
and searching for rates a connexions table came up
2024 bands for 2023 income
2025 bands for 2024 income
Rates
Up to €11,294
Up to €11,509
0 %
€11,295 to €28,797
€11,510 to €29,344
11 %
€28,798 to €82,341
€29,345 to €83,905
30 %
€82,342 to €177,106
€83,906 to €180,471
41%
The temporary 20% minimum effective rate on high revenues (think pension lump sums) is confirmed and the conditions for eligibility to the Micro BIC regime applicable to furnished lettings have been further amended. More here - (though states 2% tax band uplift not 1.8)
Can someone clarify something for me as I have always been under the tax threshold but with my pension now kicking in it has taken me over the 0% limit. So, do I then pay tax on the difference between the low 0% upto my limit on the next band or is it taxed at the rate mentioned whatever I have in income from the beg to last figure in the next band? In other words, am I allowed upto the limit and then pay for what is just over that.??
Oh thank you very much indeed, I did think that would be the case but not sure and now I know I will be able to pay it in one go when its due. I have 33years of tax returns for France but as the business plus family was offset aggainst it we never had anything to pay and then for years on my own, I never got above €7k/year. I’m glad you understood my ramblings but I do worry when it comes to money matters.