2024-01-03 14:35:17
Every year, the tax return remains a crucial step for millions of taxpayers. It is an administrative exercise that requires special attention. And for the 2023 fiscal year, the process will begin on April 13.
Income declarations: dates to remember
It is obligatory to declare your income each year by completing a form indicating the amount of earnings received in 2023. The impots.gouv.fr site will open the reception of declarations from April 13. The online declaration must be made before May 25. This date concerns taxpayers who are in departments 01 (Ain) to 19 (Corrèze), and before June 1 for departments 20 (Corsica) to 54 (Meurthe-et-Moselle), and before June 8 for departments 55 (Meuse) to 976 (Mayotte).
For those who prefer to complete their declaration on paper, forms will be sent between April 6 and 25. However, the return must be made before May 22.
The new tax scale for 2024
As a reminder, the income tax scale has increased by 4.8% since January 1. This means that if taxpayers’ income increased by less than 4.8% the previous year, they will pay less taxes this spring. This indexation represents a loss of around 6.1 billion euros for public finances, according to the Les Echos website.
According to Moneyvox, for income up to 11,294 euros, the applicable rate will be 0%. Between 11,295 and 28,797 euros, the rate rises to 11%. This trend continues with a rate of 30% for income between 28,798 and 82,341 euros, and 41% between 82,342 and 177,106 euros. Above 177,106 euros, the rate reaches 45%.
It is worth noting that although the scale for calculating income tax has increased, this may result in a reduction in the tax burden. Each year, the income thresholds defining tax rates increase to keep up with inflation. This year, these thresholds increased by 4.8%, following an increase of 5.4% the previous year.
In simple terms, the threshold for the first bracket, where the tax rate is 0% for most income, has increased from 10,777 to 11,294 euros. This means that the untaxed share of income has increased. Thus, if income, whether from salaries, pensions or other resources, remains constant, taxpayers will pay less tax due to this increase in thresholds.
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