Taxes: the French concerned by the drop in the note in 2023

modified: 2023-01-27 21:30:03

This year, the tax system will experience several changes. How do you know if you will pay less tax in 2023?

  Taxes: the French concerned by the drop in the note in 2023

For some time, the purchasing power of the French looks gray . In question ? An energy crisis, but also very high inflation. As a result, prices have soared in many sectors. Fuel, energy or food… Everything costs more . Under these conditions, the government has decided to help taxpayers, by allowing them to reduce their taxes a little . How do you know if you will be able to take advantage of these advantages? The Foozine team has prepared a short summary for you, to help you pay less tax .

The revaluation of the tax scale

This is a somewhat technical subject, but one that will have very concrete effects on your taxation . Indeed, in our country, taxpayers are divided into separate tax brackets. Depending on their income, they therefore pay a variable portion in taxes.

However, the administration decided to increase the ceilings in force in this scale , up to 5.4%. It means that if your resources have not increased in 2022 , you have a chance of moving into the lower tax bracket. And so pay less tax. To help you see more clearly, here are the ceilings applicable in 2023, on the income of the previous year:

  • If your annual income remains less than 10,777 euros (per tax portion ), you will not have to pay anything.
  • If it is between 10,778 and 27,478 euros, you will have to pay 11% tax on your income.
  • If you have won between 27,479 and 78,570 euros, your tax will reach 30%.
  • Then, if you received more than 78,570 euros, but less than 168,994 euros, you will have to pay 41% in taxes.
  • Finally, if your income exceeds 168,995 euros, you should expect 45% tax .

Thereby, a certain number of households will become non-taxable , or will have to pay taxes, after this development.

Childcare: tax credits up 50%

If you have children, and you work, know that you can reduce your taxes. How ? By obtaining reimbursement of the costs incurred to have your children looked after. The amount of tax credits paid within the framework of amounts to 50% of expenses.

But this advantage remains capped:

  • Taxes will reimburse you within the limit of 1,750 euros (i.e. 3,500 euros spent on your side), if you have custody of the child.
  • The ceiling drops to a maximum of 875 euros per child, in the event of joint custody.

These tax credits can relate to different types of childcare

  • A childminder (approved)
  • Establishment for children under 6: drop-in daycare, crèche, school daycare or leisure centre.

To know : if you receive assistance, such as 'Child care supplement', you will have to deduct the amount of the expenses declared to taxes.

Home employment and taxation

If you employ someone to watch your children in your home , you depend on other tax credits. They are aimed at households that have employees at home. In this case you can recover 50% of the expenses incurred . However, there is a ceiling, generally set at 12,000 euros per year. It can reach 15,000 euros in the event of an increase.

Here is Services that you can declare to pay less tax :

  • Child care at home
  • Tutoring
  • Small gardening jobs
  • Small DIY services
  • Assistance for the elderly or disabled
  • Care and walks of pets, for dependent people
  • IT, internet and administrative assistance services
  • home maintenance or housework

To obtain these tax reductions, do not forget to attach all the necessary supporting documents to your declaration. These can be CESU, PAJEMPLOI documents or even employee pay slips.

Deduct donations from your taxes

If you give money to associations or charities, you can reduce your taxes. This may concern French structures. Even if they » provide free meals or medical care. Or promote housing for people in difficulty, in France and abroad. »

According to tax website , you can deduct 66% of donations made from your tax . However, you must not exceed a ceiling equal to 20% of your household income (in donations). To declare these expenses, go to box 7UD of your declaration.

Here is some associations concerned by this device:

  • Les Restos du Coeur
  • The Red Cross
  • popular relief
  • The Catholic relief

A tax advantage for landlords

If you have several properties, and you rent them out, there are tax reductions. To benefit from it, the ANAH recalls that there are several criteria :

  • Housing a tenant with income below the resource limits set by the State
  • Do not offer a thermal strainer (category F or G) for rent.
  • Rent the accommodation as a principal residence. And, not as seasonal, holiday accommodation).
  • Do not rent to a member of your family .
  • Propose a furnished property, for a minimum period of 6 years.
  • Do not exceed the maximum authorized rental amounts.

In return, the owners who play the game are entitled to 15, 30 or 45 tax reductions. This tax advantage, win-win, thus makes it possible to fight against poor housing for the most modest.

Taxes: the housing tax disappears… almost

Between 2018 and 2020, the 80% of the most modest households have seen this tax gradually disappear. For wealthier households, the abolition also took place gradually, between 2020 and 2022. Good news: it will no longer concern any main residence in 2023. And this, regardless of the income declared to the tax service.

However, this tax will remain for second homes . Also, if you own several properties, leaving them vacant will lead to the payment of more taxes. And this, especially if the house is in a tense area. The goal? Increase the number of rental properties.

According to What to choose , owners should also expect a significant increase in property taxes and the vacant housing tax . Property owners will experience a sharp increase in their property tax in 2023, as a result of the 7.1% increase in rental values ​​that serve as the basis for its calculation. It should also be noted that from this year, the perimeter of tight areas in which the tax on vacant housing (TLV) and the housing surcharge on second homes may apply is extended to more municipalities. »

Source : Practical life