Are you one of the French people who are not going to pay this year? To find out, simply refer to specific thresholds. Here’s what you had to earn in 2023 to be tax-exempt this year.
There are millions of them every year who pay no income tax. They even represent more than half of the population residing on French territory. In fact, some households are not taxable simply because of low income or lack of resources. This depends above all on the declared income levels. So, if you have not exceeded a certain amount of income in 2023 depending on your situation (married, single, with dependent children, etc.), you should be exempt from income tax this year.
But then, at a time when the declaration campaign opens for the year 2024 on 2023 income, how do you know whether this year you will have to take out your bank card or not? It’s quite simple, you just need to look at your net taxable income, which can be viewed on your tax notice, and compare it with the current “recovery thresholds”, which are like exemption thresholds. They vary depending on the tax situation of the household (if you are a single person, in a couple, married or in a civil partnership, with one or more dependent children). And precisely, on March 29, the General Directorate of Public Finances unveiled the “recovery thresholds” for the 2024 tax on 2023 income:
| Number of tax share | Net taxable income: single person or single-parent family | Net taxable income: married or civil partnership couple |
|---|---|---|
| 1 part | 17,144 euros per year | |
| 1.5 shares | 22,791 euros per year | |
| 2 parts | 28,438 euros per year | 32,011 euros per year |
| 2.5 shares | 34,085 euros per year | 37,658 euros per year |
| 3 parts | 39,732 euros per year | 43,305 euros per year |
| 3.5 shares | 45,679 euros per year | 48,952 euros per year |
| 4 parts | 51,026 euros per year | 54,599 euros per year |
| 4.5 shares | 56,673 euros per year | 60,246 euros per year |
| 5 shares | 62,320 euros per year | 65,893 euros per year |
| 5.5 shares | 67,967 euros per year | 71,540 euros per year |
| 6 parts | 73,614 euros per year | 77,187 euros per year |
Thus, and as indicated by the DGFIP in its practical brochure for the 2024 declaration, “you do not have to pay tax if your net taxable income (after all allowances) is lower than the limits indicated”. If you are slightly above, you can benefit from certain tax measures, including the discount which allows you to reduce the amount of tax for taxable households who have modest incomes.