6th Sept 2022
Income tax thresholds in France will be increased by around 5% next year, in line with inflation.
Although it is early days for the government to announce its budget for next year, in an interview last week with a leading French newspaper, Bruno Le Maire, the Ministre de l'Économie et des Finance, stated that income tax bands will be increased ‘by around 5%', in line with inflation in 2022.
The tax bands that apply will be those for 2023, on revenue earned in 2022.