I pay 8000 euros in taxes

HomeTaxationI pay 8000 euros in taxes

8,000 euros in taxes per year is a lot of money and it is normal that you should be interested in the different ways to take advantage of tax credits. In France, it is possible to benefit from various advantages for reduce the amount of tax you pay.

Spotlight on the most common ways of paying less tax!

How to benefit from tax advantages?

We talk about tax shelters to refer to all methods leading to tax reductions. These niches are up to €10,000 per year You can therefore benefit from tax deductions on the total amount to be paid, by using different means.

  • Investing in the capital of an SME Investment in the capital of a company: by investing in the capital of a company, you can deduct up to 18% of the amount paid in, under certain conditions. This can be a business start-up on your own initiative or the purchase of shares in a company.
  • Employing a home help Whether it's a nanny, a cleaning lady or a gardener, you can deduct up to 50% of the expenses incurred, subject to a threshold of €12,000 per year.
  • Investing in a PERP Tax deductibility: by contributing to a retirement savings plan, you can deduct the amounts paid in from your taxable income, up to 10% of your professional income.
  • Making donations By making donations to non-profit organisations, you can deduct up to 66% from the amounts incurred.
  • Real estate investment for tax exemption

    L'rental investment is an investment that can pay off! By buying in Pinel law If you buy a new property to rent out, you will not only generate additional income but you will also be able to deduct part of the cost of the property from your tax bill. This scheme has a maximum tax reduction of €63,000 over 12 years.

  • Depending on the rental period (6, 9 or 12 years), you can benefit from 12, 18 or 21% tax deduction. In principle, how can you make interesting savings? You decide to invest 300,000 in a rental purchaseYou can therefore benefit from a €63,000 tax reduction, spread over 12 years.
  • This will allow you to deduct €5,250 from your taxes each year. Investing in rental property is therefore particularly advantageous for reducing your tax burden. Note, however, that it is not possible to carry over from one year to the next with the Pinel law.
    Depending on the devices used, you can therefore achieve make your tax zero. Please note, however, that under no circumstances will you be entitled to a tax refund.
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