The tax return kicks off on Thursday, April 11. But MoneyVox has already been able to get its nose into the practical 2024 brochure. Here are the annual resource thresholds that should not be exceeded in 2023 in order not to be taxable… and to not pay tax. Because these thresholds are different. Here’s why.
You have already been asked this question: at what point do we fall into the category of taxed households, those who pay income tax? Because this distinction roughly splits the French population in two, the share of taxed households being even slightly lower than that of non-taxable households.
This does not mean that non-taxable households pay nothing, because we must not forget VAT, CSG and other social contributions on salaries, etc. But the principle of income tax is that of the progressive scale: by simplifying, the more you earn, the more you pay (even if tax loopholes undermine this principle).
The General Directorate of Public Finances (DGFiP) demonstrates transparency. In its practical brochure for the 2024 declaration, put online on Friday March 29, the DGFiP details the thresholds for recovering the 2024 tax on 2023 income. Translation? If your 2023 net taxable income (roughly, your RFR) exceeds the following thresholds, then you will most likely have to pay taxes in 2024, unless you benefit from credits or reductions.
| Net taxable income | ||
|---|---|---|
| Household tax shares | For a single person or a single-parent family | For a couple husband or civil partnership |
| 1 part (a single person) | 17144 per year net taxable income | – |
| 1.5 shares (i.e. 1 single person and 1 child) | 22791 | – |
| 2 parts (either a couple or 1 parent with 2 children) | 28438 net taxable income for a single parent family with 2 children in charge | 32011 net taxable income for a couple without children |
| 2.5 shares | 34085 | 37658 |
| 3 parts | 39732 | 43305 |
| 3.5 shares | 45679 | 48952 |
| 4 parts | 51026 | 54599 |
| 4.5 shares | 56673 | 60246 |
| 5 shares | 62320 | 65893 |
| 5.5 shares | 67967 | 71540 |
| 6 parts | 73614 | 77187 |
Source: DGFiP, practical brochure 2024 for the income declaration. Collection thresholds.
Attention: the amounts indicated are in net taxable income. In the case of salary declared to the tax authorities, real costs or the flat-rate deduction of 10% must be subtracted to arrive at the net taxable income.
Family quotient: how many tax shares do you have in your household?
How to understand this table? A example: Last year, Jean received a monthly net salary of 1,500 euros and an annual bonus of 1,000 euros, or 19,000 euros for the year 2023. Using the official simulator of the Public Treasury, Jean’s net taxable income is 17,100 euros. Because, except in the specific case of real expenses, the tax authorities automatically deduct a 10% reduction from your earned income, for professional expenses.
With a net taxable income of 17,100 euros, Jean appears just below the recovery threshold in the table. However, the official simulator calculates a theoretical tax of 639 euros… But Jean takes advantage of the discount, a mechanism reducing the tax of those who are on the verge of being non-taxable. Theoretically he still has 55 euros to pay, after discount. In theory… because the tax authorities have a rule: a recovery threshold of 61 euros whatever the home. If your tax reaches or exceeds 61 euros, you pay. Otherwise, he doesn’t ask you anything. Reason why Jean is one of the households not paying tax, even if he is really at the limit.
These 7 reductions and credits not to forget for your declaration