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.
Eliane and her team provide a great service. As an expat, I particularly appreciate not having to navigate the French tax system alone and knowing that my tax return was in safe hands. Highly recommended!
As an Australian working in France I found the French Tax system somewhat daunting. I first approached Elitax three years ago when confronted with an Audit from the French Tax Office. With a number of investments in my home country this was a daunting task. Eliane and her team worked tirelessly to help me provide the 3cm thick file of paperwork and submit the request on time. During the preparation Elitax uncovered that I had been made an error during the two years under audit and I was due a small refund! I have been a client of Elitax ever since, even after returning to Australia. If you need to navigate the vagaries of the French Tax system I highly recommend Eliane, Stephanie and the team at Elitax.
Eliane Rakotonoel helped me solve a problem with my tax declaration quickly and efficiently. Her expert knowledge and advice saved me a great deal of time and anxiety. I highly recommend Elitax.
When I was appointed to my job at the headquarters of my company in Paris, it was a big change in my life. A new country, a different culture, totally different ways of life and practices… Luckily, my company had already taken care of this and agreed with some consultant companies to support me in various aspects of this change. Elitax was my consultant on tax subjects. As I learned during my stay in France, tax is a very heavy subject and you cannot survive alone as an expat if you don’t have proper support. That’s where Elitax, i.e. Eliane and her team, come into the picture: They made a very thorough presentation of the tax system in France. I learned clearly my responsibilities and consequences of failure to comply with the requirements. They used their expertise to support me in the preparation of my tax declaration, relations with the authorities, representing me in the tax related communications with the authorities, both during and after my stay in France. I even remember being supported by Elitax team to understand the yearly French obligation to pay tax if you own a TV set at home! Oh, those were the days! Finally, I would like to thank Eliane for her support. She was one of the good people who made my life easy during my stay in France.