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Income tax drops in 2023: how much can you earn?


OUR ADVICE - The finance bill for 2023 provides for a reassessment of the income tax scale of 5.4%. Good news for taxable taxpayers.

As every year, the income tax scale is reassessed in 2023. A revaluation based on the forecast evolution of the consumer price index in 2022 (+5.4% compared to 2021), according to the finance bill for 2023. In the current inflationary context, this increase aims to protect taxpayers from any increase in taxation on their 2022 income. It represents an estimated cost of 6.2 billion euros for finance public.

The increase in the brackets of the tax scale is mechanically favorable to taxpayers whose taxable income does not increase from one year to the next.

In other words, at the same salary in 2022 compared to 2021, your income tax will drop in 2023. This was already the case in previous years, but in much smaller proportions (+1.4% only in 2022) .

How does this tax reduction translate?

What will be your tax gain in 2023?

What are the elements to take into account to reduce the tax burden?

Here are the answers.

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Source: lefigaro

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