Tax Bracket for France in 2022 | France Taxes

Tax Bracket for France! Are you aware that if you are a citizen of the France or you are an international ex-patt or foreigner in France, you must be aware of the tax bracket and tax rates for each year? You must keep track of the changes in tax bracket from year to year in France so that you can keep your spending in check.

Tax brackets and tax rates in France could be due to the inflation rate in the economic system in France. These tax bracket changes are measured by the consumer price index which also changes yearly. The France tax brackets for 2022 have been recently updated.

France is reputed for having one of the most generous taxation systems that are both favorable to locals and foreigners living in France.

In this article, you will get to know the newly updated France tax brackets and tax rates for 2022, the France Minimum wage tax,  how the tax rate in France works, France’s VAT rate,  as well as other Frequently asked questions on 2022 tax bracket in France.

How Tax works in France

The tax rates for both locals and international residents of France vary slightly.

However, the France bracket rates still apply for both domiciled and non-domiciled residents of France.

In France, Companies and Organisations are taxed under the personal income tax system or the Corporate tax system

How is France’s Income  Tax Calculated?

In France, income tax is obtained by accessing the total income of the household which is the total income split by the number of parts before applying the France Bracket rates.


France Taxes on Goods and Services (VAT)

In France, Taxe Sur la Valeur ajoutée translated as a tax on goods and services in English popular called VAT has a standing rate of 20%. However, for certain Pharmaceutical companies, public transport, hotels restaurants, etc the tax rate could be within 5.5- 10 % while Newspapers cooperations could get 2.1%

Who has to pay tax in France?

Wondering who is eligible to pay tax in France? Well, here are the criteria

  • People who live permanently in France
  • Residents of France that have stayed a minimum of 183days, not necessarily consecutive
  • You work or own an establishment in France
  • You own properties or assets in France, etc

Are properties taxed in France?

Taxes on properties and houses have been abolished for owners’ primary residence since 2021 which implies that if you own more than one property in France, you will not be expected to pay tax on the property that you own and you are currently living.

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