How much tax and contributions?
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How much tax and contributions?
I just made a calculation based on the information I could glean from the internet.
Based on an income of 50.000 Euros you would pay 50% in income tax, social contribution tax and house tax in France. Add to that that living expenses are 10% higher than in the UK.
In the UK I pay roughly 30% - a hugh difference. :thumbdown:
Am I right?
Would anybody here divulge some information of how many percent of their income gets actually deducted? (I know it is difficult to compare but I would really appreciate some real-life numbers)
Based on an income of 50.000 Euros you would pay 50% in income tax, social contribution tax and house tax in France. Add to that that living expenses are 10% higher than in the UK.
In the UK I pay roughly 30% - a hugh difference. :thumbdown:
Am I right?
Would anybody here divulge some information of how many percent of their income gets actually deducted? (I know it is difficult to compare but I would really appreciate some real-life numbers)
best,
Corinnna
Corinnna
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Re: How much tax and contributions?
Well you pay also pay house tax in the UK only they call it council tax. I pay less in property taxes here than I did in England and have a larger property here.Corinna wrote:I just made a calculation based on the information I could glean from the internet.
Based on an income of 50.000 Euros you would pay 50% in income tax, social contribution tax and house tax in France. Add to that that living expenses are 10% higher than in the UK.
In the UK I pay roughly 30% - a hugh difference. :thumbdown:
Am I right?
Would anybody here divulge some information of how many percent of their income gets actually deducted? (I know it is difficult to compare but I would really appreciate some real-life numbers)
My electricity bill here is about half of what my combined fuel bill was in the UK, mostly because it is much warmer here.
I don’t know who told you that living costs are 10% higher here but that is not my experience. This is a region where half the population lives on less than 15,000€ a year.
It is true that you may have to pay for health care here but again my mutuel is substantially less expensive than the private health care that I felt was a necessity in England.
As far as tax and social charges are concerned, speak to an accountant.
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Re: How much tax and contributions?
Allan wrote:I have just sent a (much wordier) email, which seems to have entirely disappeared. But basically I agree with Allan. €5000 euros gross is riches down here, if you are not paying rent. If you have a partner and are not married to them, marry them now.Corinna wrote:I just made a calculation based on the information I could glean from the internet.
Based on an income of 50.000 Euros you would pay 50% in income tax, social contribution tax and house tax in France. Add to that that living expenses are 10% higher than in the UK.
In the UK I pay roughly 30% - a hugh difference. :thumbdown:
Am I right?
Would anybody here divulge some information of how many percent of their income gets actually deducted? (I know it is difficult to compare but I would really appreciate some real-life numbers)[/
Well you pay also pay house tax in the UK only they call it council tax. I pay less in property taxes here than I did in England and have a larger property here.
My electricity bill here is about half of what my combined fuel bill was in the UK, mostly because it is much warmer here.
I don’t know who told you that living costs are 10% higher here but that is not my experience. This is a region where half the population lives on less than 15,000€ a year.
It is true that you may have to pay for health care here but again my mutuel is substantially less expensive than the private health care that I felt was a necessity in England.
As far as tax and social charges are concerned, speak to an accountant.