Ignoring the tax credits system could mean you pay more tax than you owe. Whether you’re in the business of organic farming, or just need help covering childcare costs, there could be tax credits for you.
Tax credits can significantly lower the amount of income tax for which a taxpayer is liable. In some cases, it can actually lead to a reimbursement from the government. If the total amount of a person’s tax credits exceeds the total income tax owed, the difference is reimbursed by the French Tax Administration.
Elitax has nearly two decades of experience dealing with French income tax and tax credits. Read on to see if you could reduce your tax bill using tax credits in France.
There is a huge range of available tax credits in France, many of which are covered below. This list is by no means exhaustive, so if you think you could be entitled to tax credits, contact Elitax for a free 30-minute consultation. We’ll help you identify whether you could benefit from any other tax credits.
You could get tax credits for:
There are also a number of tax credits in France that business owners can take advantage of. Again, this is not a complete list, but should give you a good idea of the range of tax credits available for those who run their own business.
Business owners could get tax credits for:
When you choose to work with Elitax, our experienced accountants make sure that you benefit from all of the tax credits to which you are entitled. We will ensure that you do not pay one euro more or less than you owe to the French tax authorities.
We’ve helped hundreds of clients resolve their tax issues.
The tax law is admittedly complicated for a foreigner living in France, it is comforting knowing that a professional like Eliane and her team are on the job. They delivered on all aspects; alwaysprofessional, client focused and with a smile on their face. A pure pleasure doing business with Elitax!
As an American/French couple living in France, we really had no idea what to do when it came to dealing with our newly conjoined taxes (both American and French), so we are eternally grateful to Elitax for their help. They not only did a magnificent, efficient job with our taxes and with answering our many, many questions, but also they reached out to their contacts on my behalf to help with setting up my own French business. We really could not recommend them highly enough to anyone searching for a truly trustworthy and highly capable team that will take good care of their taxes.
For several years now I have consulted Elitax on tax advice and have entrusted Madame Rakotonoel with the preparation and submission of my annual tax returns. As a British expatriate moving to France I have found her advice and guidance invaluable on both a personal and professional level. Despite her busy schedule she has always found the time for a meeting or an exchange of messages to clarify specific points on tax matters and with generous help in the preparation of communications with the authorities where necessary.
In my dealings with Elitax I have found them to be open and honest. I was impressed by their knowledge and above all their professionalism. They are also nice people to deal with.