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 fraud

Tax fraud Given the growing importance of tax obligations, tax fraud remains a major issue for public authorities. Aimed at illegally evading taxes, these acts are a challenge to justice and economic equity. What is tax fraud? Tax fraud refers to any deliberate act...

Tax Planning

Tax Planning Tax planning is a crucial component of financial management for individuals and companies. A good tax plan not only optimizes tax charges, but also ensures compliance with current legislation. What is tax planning? Tax planning means organizing your...

Tax Litigation

Tax Litigation In the complex world of taxation, tax litigation is a crucial area where financial, legal and sometimes even ethical issues come together. Between taxpayers' obligations and administrative controls, tax disputes are a reality with many ramifications....

Tax Law

Tax Law Tax law is an essential component of the legal system that governs laws relating to taxes. Its complexity stems from the many rules, laws and regulations that apply to individuals and businesses alike. In this article, we'll look at the fundamental principles...

VAT

VAT Value-added tax (VAT) is an indirect tax on consumption. It is collected by companies and paid to the tax authorities, impacting virtually all products and services used daily by consumers. This article provides an overview of VAT and how it works in the tax...

Impôts Sur Le Revenu

Impôts Sur Le Revenu Income tax is a central theme in the financial and fiscal lives of millions of taxpayers. Understanding how it works is essential to optimizing its declaration and understanding its contribution to the community. What is income tax? Income tax is...

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