[Mise à jour du mercredi 06 avril 2022 à 09h22] The income tax return period is approaching: it’s about to start this Thursday, April 7, 2022. A press conference will be organized by the General Directorate of Public Finances from 9:00 am. The practical tax brochure has now been published, which means that a number of changes can be identified this year. In particular, in the context of runaway inflation, exacerbated by the war in Ukraine, the government announced a revaluation of the mileage allowance. Want to know more about the changes that await you this year? Consult our special file:
Deadlines for income tax return have faltered from mid-May to early June, depending on the declaration method and the department number. All taxpayers are required to complete an income tax return, even if income tax has been withheld since 1 January 2019. The tax return makes it possible to calculate the total amount of income tax for which the taxpayer is liable for the assessment year, this year in 2021. Second, the tax authorities subtract last year’s deductions to determine whether the tax household has a income tax balance, in September 2022.
Know that you can already anticipate and avoid unpleasant surprises. The tax authorities have made available on its website a simulator. If, in addition to salaries, pensions or retirement, you must declare property income, profits from the sale of securities, social rights and similar securities, income from commercial, liberal or agricultural activities, investments in the overseas departments or worldwide deficits (professional deficits) , prefer the “complete simulation modelConversely, if you only need to declare basic income and expenses, choose the simplified version† So that the tax simulator works, the fields must be completed in euros, without cents.
Every year in the spring, taxpayers must declare their income, so that the tax authorities can calculate the total amount of income tax for the tax year. Here are the deadlines to remember this year:
- Thursday 7 April 2022: launch declarative campaign
- Thursday 19 May 2022: deadline for tax return for taxpayers via the paper form
- Tuesday 24 May 2022: deadline for zone 1 (departments numbered 01 to 19)
- Tuesday, May 31, 2022: deadline for zone 2 (departments numbered 20 to 54)
- Wednesday 8 June 2022: deadline for zone 3 (departments 55 to 976) and end of the income tax return period
- July-August 2022: sending of income tax assessments and possible refund for certain taxpayers
- September 2022: payment of the income tax balance for taxpayers whose withholding deduction turned out to be lower than the total tax moment for the year 2021.
The income tax scale is used to calculate the amount of gross tax: it consists of 5 taxable income brackets and a tax percentage for each of these tax brackets. It is revalued every year to take into account inflation thus preserving the purchasing power of households.
|1||Up to €10,225||0%|
|2||From €10,226 to €26,070||11%|
|3||From 26,071 to 74,545 €||30%|
|4||From €74,546 to €160.336||41%|
The above tax rates apply to a share of family quotient for income generated in 2021. The tranche entry barriers are increased by +1.4% due to the indexation of the scale with inflation. The ceiling of the tax benefit of the family quotient will increase from 1,570 euros in 2021 to 1,592 euros in 2022. It should be noted that for the income generated since 1 January 2019, the ceilings of the tranches of the neutral withholding tax rate are indexed to changes in the first bracket of the income tax scale.
- Step 1: Divide your taxable income by the number of units
- Step 2: Apply the tax rate to each bracket
- Step 3: Add up the taxes and multiply the total by the number of shares.
Calculate the amount of your gross tax, first you have to divide yourself net taxable income by the number of shares of family quotient to which you are entitled. The latter depends on your family situation (single, married, PACS, divorced, divorced widow or widower) and the number of people you may need to support (underage children, adults, handicapped, disabled). Then it is necessary to apply to the result of this division the income tax schedule 2020 (detailed below). Finally, you need to add up the tax amounts obtained by paste and multiply the total by the number of shares.
Take the example of a single person without dependent children who received a net taxable income of 35,000 euros. According to the rules for calculating the number of shares, he is only entitled to them. Here are the steps to follow to calculate your income tax:
- Divide your taxable income by the number of units, so: € 35,000 / 1 = € 35,000
- Apply the tax rate to each bracket, ie: up to €10,225: €0; From €10,226 to €26,070: (26,070 – 10,226) x 11% = 15,844 x 11% = €1,742.84; From €26,071 to €35,000: (€35,000 – 26,071) x 30% = 8,9289 x 30% = €2,678.7
- Add the taxes and multiply the total by the number of shares: (€0 + €1,742.84 + €2,678.7) x 1 = €4,421.54.
The total amount of gross tax in 2022 for a net taxable income of 35,000 euros received by a single person without dependent children is 4,421.54 euros.
The amount of the net tax payable corresponds to the adjusted gross tax:
- From ceiling of the family quotientlimiting the tax credit linked to the number of shares
- Discount for few resources. For the 2021 tax, the amount is equal to the difference between 790 euros (1,289 euros for a couple subject to joint taxation) and 45.25% of the gross tax amount. Example for a single person with a gross tax of €1,300: €790 – €1,300 x 45.25% = €201.75. The amount of the discount is equal to 201.75 euros.
- The exceptional premium on high incomes
- Various tax cuts. It should be noted that the tax is not due if the amount, before application of any benefits, is less than 61 euros.