Income Tax rate in France 2022 | See income tax calculator

Are you seeking to know the updated France Income-tax rate and bracket? Do you know that the Tax Brackets in France might differ from year to year? If you aren’t aware, you must note when these tax rate in France changes so that you can adjust to the economic situation in France.

The change in the income tax rate for certain years might change slightly or there might not be anything noticeable change. The Federal income tax rates in France have been updated in 2022.

How much income tax do you pay in France? Do the French pay high taxes? Are taxes higher in France or UK? Are taxes in France higher than us?

In this article, you will get to find out what the tax bracket means, the latest version of the 2022 France tax bracket, how much income tax is free in France, and why tax Brackets do change from year to year, how the changes in the France tax rate can affect income and expenditures, and we will also attempt several frequently asked questions on tax brackets in France.

The income Tax rate in France 2022.

Income tax in France is calculated under the newly implemented regime of France’s taxation system which includes:

  • Personal Income Tax Rate 45.%
  • Corporate Tax Rate 26.5% – 28.%
  • Sales Tax Rate 20.%

How much income tax do you pay in France?

A single flat-rate tax of 30% is applied on savings and investment income and gains – comprising of income tax at 12.8% and social charges of 17.2%. Capital gains tax on property comprises of income tax of 19% plus 17.2% social charges, making a total of 36.2%.


How is Income tax in France Calculated?

France’s taxation system provides a platform where citizens can pay their taxes choosing either the old or new tax regime as long as it favors them.

In the new tax regime, tax reductions are made on their annual salary and moved towards the national pension scheme.

France’s tax calculator and taxation system for citizens and foreigners are quite favorable for both the government and its citizens, hence helping them strive toward steady economic growth.

Do the French pay high taxes?

This is why France continues to be among the OECD countries whose tax rate is the highest. Taxes account for 45% of GDP against 37% on average in OECD countries.

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