Tax Comparison Between France and Other Countries
You want or are looking to change life, change country?
You want to change air, come to work in France, you are thinking of expatriation?
You want to retire in France and enjoy the good wine, fine gastronomy, enjoy France?
We think that you would be interested in knowing more about your tax obligations as this may influence your decision making. You don’t want to be surprised; you want to be well-prepared.
For your information, you can find here a quick comparison of income tax rates in France and other countries!
If you want to have a more tailored estimation, please click on this link to discuss with one of our tax advisors.
Income tax rate and brackets in France for 2020 Income
| Progressive scale applicable to 2020 income | |
| Tax brackets | Marginal tax bracket |
| Up to 10 084 | 0% |
| From 10 085€ to 25 710€ | 11% |
| From 25 711€ to 73516€ | 30% |
| From 73517€ to 158 122€ | 41% |
| From 158 122€ | 45% |
Income tax rate per country:
UNITED STATES OF AMERICA
UNITED KINGDOM
AUSTRALIA
GERMANY
IRELAND
BELGIUM
SPAIN
CANADA
INDE
NIGERIA
UNITED STATES OF AMERICA
For 2021,
| Federal Income Tax rates | |||
| Taxable Income Bracket (USD)1 | Marginal Tax Rate (%) | ||
| Single Individual | Joint Return of Married Couple | ||
| 0 to 9 950 | 0 to 19 900 | 10 | |
| 9 951 to 40 525 | 19 901 to 81 050 | 12 | |
| 40 526 to 86 375 | 81 051 to 172 750 | 22 | |
| 86 376 to 164 925 | 172 751 to 329 850 | 24 | |
| 164 926 to 209 425 | 329 851 to 418 850 | 32 | |
| 209 426 to 523 600 | 418 851 to 628 300 | 35 | |
| 523 600 and over | 628 300 and over | 37 | |
UNITED KINGDOM
| Income tax band (GBP): 2020/21 |
Income tax band (GBP): 2021/22 |
|||
| Basic rate (20%) | Up to | 37,500 | Up to | 37,700 |
| Higher rate (40%) | 37,501 – 150,000 | 37,701 – 150,000 | ||
| Additional rate (45%) | Over | 150,000 | Over | 150,000 |
Taxpayers with a main residence in Wales are subject to Welsh rates of income tax as set by the Welsh government. For 2020/21, the rates are the same as for England and Northern Ireland (i.e. those set out in the table above).
For 2020/21 and 2021/22, for Scottland the rates are:
|
|
2020/21 |
2021/22 |
||||
|
Starter rate (19%) |
12,500.01 |
– |
14,585 |
12,570.01 |
– |
14,667 |
|
Scottish basic rate (20%) |
14,585.01 |
– |
25,158 |
14,667.01 |
– |
25,296 |
|
Intermediate rate (21%) |
25,158.01 |
– |
43,430 |
25,296.01 |
– |
43,662 |
|
Higher rate (41%) |
43,430.01 |
– |
150,000 |
43,662.01 |
– |
150,000 |
|
Top rate (46%) |
Over |
150,000 |
Over |
150,000 |
||
AUSTRALIA
The income tax rates for resident individuals (from the 2020/21 income year onwards) are as follows:
| Taxable income (AUD) | Marginal rate (%) | ||
| Up to | 18,200 | 0 | |
| 18,201 | – | 45,000 | 19 |
| 45,001 | – | 120,000 | 32.5 |
| 120,001 | – | 180,000 | 37 |
| Over | 180,000 | 45 | |
GERMANY
For 2021,
Single taxpayers
| Annual taxable income (EUR) |
Marginal rate (%) |
Tax payable (EUR) |
||||||
| Up to | 9,744 | 0 | 0 | |||||
| 9,745 | – | 14,753 | 14.00 | – | 23.97 | 0 | – | 951 |
| 14,754 | – | 57,918 | 23.97 | – | 42 | 951 | – | 15,189 |
| 57,919 | – | 274,612 | 42 | 15,189 | – | 106,200 | ||
| Over | 274,612 | 45 | 106,200 | |||||
Jointly assessed spouses or civil partners
| Annual taxable income (EUR) |
Marginal rate (%) |
Tax payable (EUR) |
||||||
| Up to | 19,488 | 0 | 0 | |||||
| 19,489 | – | 29,506 | 14.00 | – | 23.97 | 0 | – | 1,902 |
| 29,507 | – | 115,836 | 23.97 | – | 42 | 1,902 | – | 30,378 |
| 115,837 | – | 549,224 | 42 | 30,378 | – | 212,400 | ||
| Over | 549,224 | 45 | 212,400 | |||||
IRELAND
For 2021, the following bands apply:
| Band of taxable Income (EUR) | Rate (%) | |||
|
Single/ Widow(er) |
Married Couple (One Income) |
Married Couple (Two Incomes) |
One-Parent Families |
|
| Up to 35 300 | Up to 44 300 | Up to the lesser of 70 600 – 44 300 plus the amount of the lowest income | 39 300 | 20 |
| Balance | Balance | Balance | Balance | 40 |
BELGIUM
The individual income tax rates applied on aggregated income for tax year 2021 are as follows:
| Taxable income (EUR) | Rate (%) | ||
| Up to and including | 13,540 | 25 | |
| 13,541 | – | 23,900 | 40 |
| 23,901 | – | 41,360 | 45 |
| Over | 41,360 | 50 | |
SPAIN
For tax year 2021, the following progressive rates apply:
| Taxable income (EUR) | Tax on lower amount (EUR) |
Rate on excess (%) |
||
| Up to | 12,450 | 0 | 19 | |
| 12,450 | – | 20,200 | 2,365.50 | 24 |
| 20,200 | – | 35,200 | 4,225.50 | 30 |
| 35,200 | – | 60,000 | 8,725.50 | 37 |
| 60,000 | – | 300,000 | 17,901.50 | 45 |
| Over | 300,000 | 125,901.50 | 47 | |
CANADA
Federal Income tax :
Individuals pay income tax at graduated marginal rates, as of 1 October 2021, as follows:
| Taxable income (CAD) | Tax rate (%) | ||
| Up to | 49,020 | 15 | |
| 49,021 | – | 98,040 | 20.5 |
| 98,041 | – | 151,978 | 26 |
| 151,979 | – | 216,511 | 29 |
| Over | 216,511 | 33 | |
The provinces impose income taxes as a percentage of taxable income for federal income tax purposes. They also impose provincial surtaxes and flat rate taxes on provincial tax or income above specified amounts.
INDE
From April 2020
| Total income (INR) | Rate of tax (%) | ||
| Up to | 250,000 | Nil | |
| 250,001 | – | 500,000 | 5% |
| 500,001 | – | 750,000 | 10% |
| 750,001 | – | 1,000,000 | 15% |
| 1,000,001 | – | 1,250,000 | 20% |
| 1,250,001 | – | 1,500,000 | 25% |
| Over | 1,500,000 | 30% | |
NIGERIA
These rates have been in effect since 14 June 2011.
| Chargeable income (NGN) | Rate (%) | |
| First | 300,000 | 7 |
| Next | 300,000 | 11 |
| Next | 500,000 | 15 |
| Next | 500,000 | 19 |
| Next | 1,600,000 | 21 |
| Above | 3,200,000 | 24 |
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