Threshold for paying income tax

Banking & Financial
1

A rather basic income tax question.
This year we came in at just under the income threshold for paying income tax, so we pay zero - yay. If we go over the threshold, do we pay tax on our total income or just on the bit that has gone over?

2

If UK tax it’s the bit over yay.

If France it’s the same yaie.

1 Like
3

Peter is basically right. But it depends on a number of factors. Is your income all pension or made up from other income?
You can go to a site online provided by the French tax authorities to check your tax situation anonymously.
It’s not yet live for 2019 (2018 income) though: https://www3.impots.gouv.fr/simulateur/calcul_impot/2018/index.htm

1 Like
4

Thanks for these helpful replies.