CORPORATION TAX (on profit)
|28% for SMEs up to 500 000 € of profit|
If turnover / CAHT < 7.63 Millions €
If shareholders are individuals at 75% minimum
|15% up to 38 120 € of profit
28% from 38 120 € to 500 000 € of profit
33.3% if profit > 500 000 €
The 28% rate will be extended to all profits of all businesses by 2020 and 26.5% in 2021.
INCOME TAX 2019 (on income 2018)
The method of calculation includes the number of individuals in the family (Quotien Familial) and may diminish rates greatly. Many specific expenses can also be deducted : renovation, homecare, nannies...
TI = Taxable Income 2018
|TI < 9 964 €||0%|
|9 964 < TI < 27 519 €||14%|
|27 519 < TI < 73 779 €||30%|
|73 779 < TI < 156 244 €||41%|
|TI > 156 244 €||45%|
Since 1st January 2019, the French income tax for all residents is deducted through the PAYE scheme.
TAXES BASED ON WAGES
Apprenticeship tax 2019 :
BS *0.68% (or 0,44 % in Alsace-Moselle, Haut-Rhin & Bas-Rhin)
CSA - added contribution due from more than 250 employees: variable between 0.05% and 0.6%.
Deadline for the payment: 28 February of each year.
Taxe Formation Professionnelle Continue (FPC) 2019:
BS*0.55% up to 10 employees
BS*1% from 10 employees for standard companies and 1.3% for temporary employment agencies.
*Based on annual gross salary of all employees (BS)
Réforme: Contribution unique à la formation professionnelle et à l'alternance
Depuis le 1er janvier 2019, la contribution à la formation professionnelle et la taxe d'apprentissage sont rassemblées dans la contribution unique à la formation professionnelle et à l'alternance. En pratique, les 2 taxes conservent globalement les mêmes caractéristiques. L'Urssaf collectera la taxe unique à partir de janvier 2021.
TAX ON COMPANY CAR
Barème TVS 2018 en fonction du taux d'émission de CO2
**Example if the carbon emisson rate is 120 => TVS = 120*4.5 = 540 euros due
TVS / TAX
in grams per kilometer. Attention different rates if company car possessed before 2006
(*) Sauf exoneration pour les véhicules hybrides
|Surcharge on "atmospheric pollutants" based on the year of the car released|
- 21 à 60 g/km : 1 € (*)
- 61 à 100 g/km : 2 € (*)
- 101 à 120 g/km : 4,5 €
- 121 à 140 g/km : 6,5 €**
- 141 à 160 g/km : 13 €
- 161 à 200 g/km : 19,5 €
- 201 à 250 g/km : 23,5 €
- 251 g/km et plus : 29 €
VALUE ADDED TAX (TVA)
Returns to be filed quaterly or monthly
Please check VAT scheme applicable: debit or cash basis.
VAT registration number : FR XX + Company number (9 figures)
SHAREHOLDERS CURRENT ACCOUNT
|Interest rates deductible (gross / year)|
|1.44% (for exercise closed on the 28 February 2019)|
INCOME TAX NON RESIDENTS
To be deducted directly on payslip
Rate based on 2018 incomes.
|TI < 1237 € / month||0%|
|1237 € < TI < 3587€ / month||12%|
|TI > 3587 € / month||20%|
Only applicable for taxable income earned in France. Please refer to bilateral tax agreements for more details.
CFE - COMPANY REAL ESTATE CONTRIBUTION
The CFE is based on the rental value of the property owned,
rented or even domiciliation. The return has to be filed by the 3rd
of May of the current year and payment is due by the 15th of
December once Tax notice received including amount due.
Amount may vary from one Town to another.
=> For a turnover up to 10 000€, the minimum base (CFE due in 2018 for 2017) is between 216€ and 514€.
A noter: depuis 2019, les entreprises réalisant un chiffre d'affaires inférieur à 5 000 € sont exonérées de CFE.
CVAE - COMPANY VALUE ADDED CONTRIBUTION
CVAE is due only by companies having a turnover > 500 000€ (exl.Taxes). However, all enterprises with a turnover of more than 152 500€ must report the value added and the number of employees to determine the tax base, even if they are not liable for the CVAE. The CVAE is calculated according to the added value produced: (value added x effective tax rate) + [(value added x effective tax rate) x 1%].The return has to be filed by the 3rd of May of the current year and payment is divided into two instalments 15th of June and 15th of September.