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WE SHOW THE THRESHOLDS THAT APPLY FOR 2023 INCOME IN THE 2024 DECLARATION France is increasing its income tax bands to account for inflation in the 2024 tax declaration. We review how much
tax will be payable on 2023 income based on these new thresholds. In 2023, the economy laboured under high year-on-year inflation, leading the government to adjust the tax bands for 2024.
They will increase by 4.8%, which will mean that many people may fall into a lower tax bracket next year, and consequently, pay less tax. WHAT ARE THE PROJECTED INCOME TAX BANDS FOR 2024?
_The Connexion_ publishes a guide to Income Tax in France which is available HERE. READ MORE: 15 CHANGES IN 2024 FOR FRANCE THAT WILL AFFECT YOUR BUDGET DO WE NEED TO DECLARE SMALL INCOME
FROM WORK AT SECOND-HOME TO FRANCE?