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.
After many disappointing experiences with so called “bilingual accountant,” I was finally introduced to Eliane. She understood my situation as an owner of the second house in France and my tax position as a UK citizen straight away and helped me towards the right direction. Apart from the efficiency and accuracy of her work, I also appreciate her friendly and caring approach very much. I used to find the French tax declaration on my rental business as a burdensome duty but now with Eliane, it has become much less of a burden! I highly recommend her firm to anyone who, like me, not very competent in French to deal with the complicated tax issues in France.
We have been using ELITAX as our tax consultants not only for our company but as well as for our expatriated personnel. ELITAX has been fundamental to our day to day operations being our company involved not only in European countries but as well in Africa and Middle East therefore, in need of international expertise. The knowledge and the attention to us has been faultless.
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.
I used Elitax to help me with my French tax returns while living in Germany. Eliane Rakotonoel and her team provided an invaluable and efficient service that saved me both time and money. I would highly recommend them.