This year, what is the exact amount of taxes you will pay?

In a few days, millions of French people will complete their tax declaration online for income related to their activity for the year 2022. The Public Service website published the tax scale based on family quotient (which is equal to the net taxable income / number of tax shares).

It is recalled that net taxable income includes all types of income (salaries, pensions, rental, etc.) as well as any property and professional deficits, and any allowances and deductible charges. The government site also specifies that “as an employee, a flat-rate deduction of 10% is automatically applied to your income”.

As you have probably noticed, each year the government revalues ​​the brackets of the scale according to inflation (excluding tobacco) over the past year. As it happens, all brackets of the scales for 2022 income will increase by 5.4%in application of the Finance Act for 2023.

The tax rate by bracket

Below, you have the tax brackets and rates for 2023. If your income exceeds the first level (above 10,777 euros of income), you will start to be taxed. The rates are not retroactive: if, for example, you are in the third bracket (between 27,479 and 78,570 euros), you will not pay 30% tax on all of your income. Only the part beyond 27,479 euros will be taxed at 30%.

Below, you have the details available on the Public Service website:

Two calculation examples

1) Single, net taxable income of 32,000 euros

For a single person without children, the family quotient is on the one hand. If he generated 32,000 euros of net taxable income over the past year, the calculation will therefore be 32,000 euros / 1 = 32,000 euros. It is therefore this amount that he will have to seek in the various tax brackets. This amount is in the third bracket announced above, which means that his marginal tax rate is 30%.

Here is how he will calculate his taxes:

• Income bracket up to €10,777 taxed at 0% = 0 €
• Income bracket of €10,778 to €27,478 taxed at 11% = 1 837 €
• Income bracket of €27,479 to €78,570 taxed at 30% (i.e. €4,522: 32,000 – 27,478) x 30% = 1 356,6 €

In total, he will therefore pay €3,196.6 in taxes in 2023, on behalf of his 2022 income.

2) Married couple + 2 children, net taxable income of 55,950 euros

In a scenario where a couple has two minor children, they then own 3 shares (2 shares for the couple and a half share for each child). The net taxable income of 55,950 euros is therefore divided into 3, i.e. 18,650 euros.

Here’s how everyone will calculate their taxes:

• Income bracket up to €10,777 taxed at 0% = 0 €
• Income bracket €10,778 to €27,478 taxed at 11% (i.e. €7,872: 18,650 – 10,778) x 11% = 865,92 €

This family having 3 shares of family quotient, it is then necessary to multiply this amount obtained by 3. The tax on household income will therefore correspond to €865.92 x 3 = €2,597.76.

If you don’t know how to calculate your family quotient, you will find the explanations below based on your marital status and the number of children you have in your care.

© Government

Who will not pay taxes in 2023?

Part of the population will not pay tax at all in 2023. The non-taxation threshold does not correspond to the 10,777 euros of the first tranche announced above. It is a higher amount which has been defined by the government, always according to the family quotient. Below, you can find the non-taxation threshold depending on your situation. For example, a single or divorced person without children will not pay any tax if their net taxable income does not exceed 16,372 euros for the year 2022.