Income tax : a decrease in effective as of Monday, for low-income households, wage – The World

This tax cut announced last summer by the government should benefit five million taxpayers among the middle classes.

households who pay their tax on the income mensualisée be able to see the projected decline in this tax as of Monday 16 January, the day fixed for the first payment year 2017. This tax cut, announced last summer by the government, must receive a total of five million taxpayers among the middle classes, has been recalled by the ministry of economy and finance, in a statement, Sunday.

While she was initially due to enter into force in the month of August, the government decided to advance it to the household wage or pay their taxes by third parties, via an amendment to the finance bill 2017 adopted in mid-December.

The goal is to give ” purchasing power to the French as early as January (for those who are wage) “, was insured at the time the secretary of State for the budget Christian Eckert.

Read : take advantage of the tax reduction (and how much) ?

A billion

This measure, which will therefore enter into force before the presidential election, represents a total of one billion euros. It relates to the full rate for couples earning up to 3 400 euro net salary and unattached individuals with incomes up to 1 700 euros.

These limits are increased for families, for example up to 4, 800 euros for a couple with three children. Individuals with an income tax reference lower than 18 € 500 will have a tax reduction of 20 %. Those that have an income tax of between 18 500 and 20 500 euro will have a tax reduction of less than 20 %. For households who pay their taxes by one-third, the decrease will be effective ” from the first third provisional of February 2017 “, says Bercy in a press release.