Tax Brackets

by | May 6, 2024

Income tax simulator 2024

Detailed results

Number of shares: 0

Income per unit: €0

Gross tax: €0

Discount: €0

High-income contribution: €0

Final tax payable: €0

Average tax rate: 0%.

Marginal tax rate: 0%.

2024 scale

Up to €11,294 0%
From €11,294 to €28,797 11%
From €28,797 to €82,341 30%
From €82,341 to €177,106 41%
Over €177,106 45%

Tax brackets

Tax brackets are one of the cornerstones of modern tax systems, directly influencing everyone’s contribution to public finances. This article explores this essential tax mechanism in detail.

How to calculate your income tax?

Let’s take a concrete example for a single person with a taxable income of €35,000:

  1. First bracket (0%): €0 tax on the first €11,294
  2. Second bracket (11%): (28,797 – 11,294) × 11% = €1,925
  3. Third tranche (30%): (35,000 – 28,797) × 30% = €1,861
  4. Total: €1,925 + €1,861 = €3,786 in tax

Family quota: how to divide your tax bill?

The number of units allows you to adapt your tax to your family situation:

  • Single: 1 part
  • Married or civil union couple: 2 shares
  • Per child: +0.5 part (+1 part from 3rd child)
  • Single parent: +0.5 additional share

The discount: an advantage for modest incomes

If your gross tax bill does not exceed €1,929 (single) or €3,191 (couple), you automatically qualify for a reduction. The calculation is as follows

  • Single: (€873 – gross tax) × 45.25%.
  • Couple: (€1,444 – gross tax) × 45.25

High-income tax: additional brackets

An additional levy applies to high incomes:

  • Single: 3% between €250,000 and €500,000, 4% above that amount
  • Couple: 3% between €500,000 and €1,000,000, 4% above that amount

Tax reductions and credits

To reduce your tax bill :

  • Personal services: 50% discount
  • Donations to associations: 66% to 75%.
  • Real estate investments: Pinel, Denormandie
  • MaPrimeRénov’ for energy renovation
  • Childcare expenses
  • Union dues: 66
  • Tuition fees
  • Overseas investments
  • Subscription to SME capital
  • Employment of an in-home employee
  • Life insurance
  • Corporate sponsorship
  • PERP/PREFON contributions

Withholding tax

Tax is deducted monthly from your income. The rate applied is calculated on your N-2 income and adjusted when you file your annual tax return.

Essential tips

  • Keep your receipts for 3 years
  • Declare all your income
  • Report changes in your situation
  • Keep an eye on your direct debit rate
  • Anticipate your income fluctuations
  • Use the official simulators

Our related articles

Tax havens

Tax havens Tax havens, evoked with as much interest as skepticism, embody a subject of global discord and fascination. These territories of financial opacity constantly challenge tax authorities, governments and citizens concerned with tax fairness. What is a tax...

Tax Niche

Tax Niche Taxation can be perceived as a complex labyrinth, but some of its components, such as the tax niche, represent an advantageous opportunity for taxpayers. Exploring the intricacies of these schemes can reveal potentially beneficial tax relief avenues for...

Dimpôt credit

Tax credit Tax optimization is a crucial aspect for taxpayers wishing to take full advantage of their rights. The tax credit is an advantageous financial mechanism that reduces the amount of tax owed by a household or company. As this is an opportunity to reduce your...

Deductible expenses

Deductible expenses Corporate taxation is a complex and essential part of running a company. At the heart of this management approach are deductible expenses, key elements in optimizing income tax returns and reducing the amount of tax payable. What are deductible...

Tax return

Tax return The tax return is an essential part of any taxpayer's life, whether an individual or a professional. It plays a central role in managing the company's assets and activities, and in determining the amount of taxes due to the State. A mandatory and strategic...

Finance Act

Finance Act The Finance Act is a crucial piece of legislation that everyone involved in public administration and taxation needs to understand. It provides a framework for the management of a country's public finances over the course of a year, and outlines future...

Tax inspection

Tax inspection A tax audit is an audit carried out by the tax authorities to verify the compliance of a taxpayer's tax returns, whether the taxpayer is a company or an individual. This rigorous procedure is designed to ensure the accuracy of the information provided...

Tax Adjustment

Tax Adjustment A tax reassessment is a situation that no taxpayer wants to face. Involving the correction of tax returns and potentially leading to significant penalties, this is a major issue for both private individuals and professionals. The aim of this article is...

Tax optimization

Tax optimization Tax optimization is a strategic approach to reducing a company's or an individual's tax burden, in full compliance with current legislation. This concept is closely linked to tax planning, and requires real expertise in tax matters. What is tax...

Tax Evasion

Tax Evasion The term "tax evasion" evokes practices that regularly make the headlines. Measures are continually being taken to combat this phenomenon, which is detrimental to tax fairness and the global economy. Let's take a closer look at the facets and implications...

The complex paths of taxation are not a problem for us.
Gain peace of mind with experts, plan your strategy!