Income tax : which is paid by the inland revenue ? Who should pay for this ?

INCOME TAX. The tax department has made of the transfers from the 21 July with some tax households. What situations can give rise to a refund of the tax ? And c

Income tax : which is paid by the inland revenue ? Who should pay for this ?

INCOME TAX. The tax department has made of the transfers from the 21 July with some tax households. What situations can give rise to a refund of the tax ? And conversely, why some are liable to pay the tax on the income despite the tax at source ? Explanations.

Summary Calculation Schedule, installments and rate Simulation

[updated on July 28, 2020 at 10h41] Have you received your tax notice ? There should be no further delay to arrive. As a result of the declaration of income that you have carried out in the spring of last year, taxes were able to determine the exact amount of your income tax in 2019. She has then subtracted the deductions made at source. Objective, to determine if you still owe a balance on the income tax. Three situations may arise :

You do not have to pay : , either because you are not taxable, either because your income has not changed - and therefore your withholding will correspond exactly to the amount of your tax. You'll get a refund : your withdrawals at the source on the year 2019 have been higher than the actual amount of your income tax. Another possible scenario : you receive the deposit remaining to the credit for tax imposed in January last. "The reimbursement will take place, in most cases, by transfer to your bank account on the July 21, July 24, or August 7, next", says Bercy in a statement. As an illustration, you will recognize the transfer to, through the wording "REFUND TAX INCOME" from "DGFIP) PUBLIC FINANCES". You have failed to disclose your bank details ? In this case, you will be refunded by cheque. The latter will be sent to your home "in the coming weeks". "In order to facilitate your next repayments, make sure you specify or change your bank details using the online service "Manage my withholding at the source" of your particular space on impots.gouv.fr", are reminiscent of the fisc. You are liable to pay balance income tax : your deductions at source on the whole of the year 2019 are shown to lower the actual amount of your tax. Several factors can lead to this situation. It may, for example, you don't be declared to the tax authorities an evolution of income (wages, investment, financial, property, etc) in the course of the year , which would have logically resulted in an adjustment of your rate of levy and/or your account. Another possibility raised by The Revenue : the inland revenue has not taken into account an increase dating back to 2018, as the rate applied from January to the summer of 2019 was based on the statement of income in 2017. Finally, it may be, therefore you have received an advance tax credit recurring too high. note : It is important to understand here that the tax authorities do not levy twice. It comes only, if necessary, correct what you actually need. If you actually have to pay a balance of tax and that the amount is less than 300 euros, the charge will be made September 25, 2020 in a single time . If it is higher than 300 euros, four samples monthly, from September to December (September 25, 26 October, 26 November and 28 December) will be made by the tax administration. To avoid the cold shower does not repeat itself next year, be vigilant and take the first step : notify the tax authorities by the lesser of the change so that your sampling rate is modulated, or delete deposits.

note : Bruno The Mayor and Olivier Dussopt have announced the generalization of a " offer local payment pay your taxes, fines or utility bills ". "From the 28th of July, it will now be possible to pay the bills of canteen, crèche, hospital, fines or taxes, cash and bank card in the offices of tobacco partners everywhere in France (the payment not cheque is not possible)," says Bercy in a statement. Keep in mind that, for taxes, the amount is limited to 300 euros, in cash and in-card, " above and beyond and for amounts in excess of, a legal obligation to pay by way of cloud" . You want to know if your tobacconist is a part of it ? Click here or look on the storefront of your shopping. A logo must be included.

How the income tax is calculated ?

The tax authority is studying the entire income (salaries, pensions, pensions, income from land) that you receive on the tax year, so in 2019 for this year. In a first step, it is necessary to determine the net taxable income - information that you can find on your payslip if you are employed. If this is not the case, help you document attached to the statement of income, which sets out the allowances and deductions. As a reminder, a lump sum deduction of 10% is applied in respect of professional fees. The minimum amount of this deduction is of 441 euros to 2019. It is capped at 12 627 euros per member of household . If that deduction is less than your total business expenses, you can deduct the amount of your actual costs.

what is the family quotient ?

You have determined your net taxable income ? You need to divide it by the number of shares of your household for tax purposes . Get you and your family quotient. The family quotient is used to determine a taxable income for the tax household. Apply the amount determined in the tax schedule. In 2020 for the taxation of the income of the year 2019, the tax reduction linked to the family quotient is limited to 1 567 € for each one-half additional share and 784 euros for every quarter of part extra.

The family quotient as a function of the size of the household Number of children Number of share for a married couple or partner Number for a widower or widow Number of leaves for a couple, co-habitees Number of share for a single person Source : general Directorate of public Finance 0 2 1 1 1 1 2,5 2,5 1,5 2 2 3 3 2 2,5 3 4 4 3 3,5 4 5 5 4 4,5 Per additional child 1 1 1 1 What scale, rate and slice in 2020 ?

The income tax work with a tax schedule. Thus, a rate between 0% and 45% applies to each tranche of income tax rate on income . In very practical terms, if your net taxable income is below a certain threshold, a zero rate is applied. famous These rates apply to a fraction of the income of the household. The total amount of the tax stems from the addition of different slices. Here is the schedule of the income tax that applies on the income 2019 :

Slices of annual income Rate applicable to up to 10 064 € 0% 10 065 € 27 794 € 14% 27 795 euros to 74 517 euros 30% 74 518 € to 157 806 € 41% from 157 807 € 45%

Warning : the administration will proceed with the statement of income conducted in the spring of 2020 to adjust your sampling rate to the source, who apply as of the summer of 2020 and until the summer of 2021. This calculation will be from a different scale, taking into account the decrease of the tax sir the income booked last year. You want to know the schedule of the income tax act that apply on the income earned in the year 2020 ? Here it is :

Slices of annual income Rate applicable to up to 10 064 € 0% 10 065 € 25 659 euros 11% 25 659 € to 73 369 € 30% 73 370 € to 157 806 € 41 percent from 157 807 € 45%

In what case can we get a discount or a discount ?

Some of the tax households can benefit from a discount on the income of 2019, if the gross amount of their tax on the income does not exceed a certain threshold. Here are the ceilings do not exceed revenues in 2019 :

a single person : 1 611€. "The discount is equal to the difference between (1 208 € and the 3/4 of the amount of your tax", explains it on the site service-public.fr. For a couple subject to joint taxation (married or pacsé) : 2 653 euros. "The discount is equal to the difference between 1 990 € and 3/4 of the amount of your tax", complete-t-on.

It is possible to benefit from a reduction of 20% of his income tax, if your income tax reference does not exceed a certain threshold. Here are the income limits tax reference does not exceed the income 2019 :

a single person : 19 175 euros. For a couple subject to joint taxation (married or pacsé) : 38 350 euros.

note : these amounts do not take into account a possible increase of your family quotient. You are single and your income tax reference exceeds the threshold of 19 175 euros for the year 2019 ? "You can have a degressive reduction if your DEDUCTIBLE is higher these values," recalls service-public.fr on its dedicated web site. To get this reduction on a degressive basis, a single person must have a DEDUCTIBLE of between 19 175 and 21 248 euros.

is it possible to do a simulation of his or her income tax ?
Date Of Update: 28 July 2020, 06:57