how to predict what you will pay in 2022

No need to wait until April 7 and the start of the declaration campaign to anticipate your income tax to be paid in 2022. The official 2022 tax simulator relating to 2021 income is online. Don’t forget, however, that last year you already paid most of this tax each month, at source, directly from your salaries and pensions.

The Directorate General of Public Finances (DGFiP) has posted the official income tax simulator 2022 last January 12. This new version obviously takes into account the annual update of the progressive tax scale, but also the very recent 10% increase in the mileage allowance scale.

As every year, the tax administration offers a simplified version as well as a complete model containing the basic declaration and certain specific annexes for taxpayers earning self-employed, liberal, agricultural income, for associations of companies, etc.

Good to know. The tax administration lists on its page simulators all the official tools, with their date of update, including the one relating to the reform of the housing tax in 2022, the annual tool for calculating income tax, or even a simulator dedicated to the revaluation of the mileage scale to find out if it is in your interest to deduct your actual costs from now on.

To anticipate your balance, your TMI or your future source tax rate

The simulator updated to the 2022 scale (for 2021 income tax) allows you to anticipate the annual amount of tax to be paid this year, but also to estimate your marginal tax rate or the applicable source deduction rate during the next automatic update in September 2022.

Taxes: the 10 chances to retain in 2022

Simple reminder of a mechanism now working, 3 years after the implementation of the withholding tax: the withholding tax carried out during 2021 is an advance on your future 2022 tax on 2021 income. So you have paid most of your 2022 tax.

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The balance paid (or the overpayment which will be reimbursed by the DGFiP) will be regularized in the summer of 2022 following the annual declaration of income, in April-May 2022. The online simulator makes it possible to anticipate the amounts obtained during the this annual statement. And therefore to anticipate what you will have to pay at the end of the summer, or conversely what the tax authorities will reimburse you at the end of July.

Our income tax calculator

MoneyVox also has its own income tax calculator. Originality: it allows you to estimate the 2022 tax on 2021 income, like the official simulator, but also the withholding tax, since the scales are not updated on the same dates.

The MoneyVox calculator was specifically created to help you understand the taxation applicable to the various investments and savings products. It is accessible free of charge: all you have to do is subscribe to one of our newsletters.

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