These are the new French income tax rates agreed for budget debate
‘Now we need to move straight on to adoption. A country like ours cannot remain without a budget… This will be done on Monday,’ says PM
French Prime Minister François Bayrou confirmed that he will use article 49.3 to pass the budget, but said he was confident that the measure would succeed
Credit: LE PICTORIUM / Alamy Stock Photo
The income tax rates for 2025 have been presented by French Prime Minister François Bayrou in an interview with La Tribune Dimanche ahead of a parliamentary debate on Monday (February 3).
France is still without a budget for 2025 following the rejection of former prime minister Michel Barnier’s proposal in December, which resulted in the collapse of his government.
Mr Barnier had attempted to pass the budget without a parliamentary vote using article 49.3 of the French constitution and subsequently lost a no-confidence vote.
The 2025 tax rates
Under Mr Bayrou’s proposed 2025 tax rates on 2024 revenue the thresholds will be adjusted for year-on-year inflation by 1.8% on advice from la commission mixte paritaire, the joint parliamentary budget committee. If approved the adjusted figures would be:
0% tax band
(2024: €0 - €11,294). 2025: €0 - €11,497
11% tax band
(2024: €11,295 - €28,797). 2025: €11,497 - €29,315
30% tax band
(2024: €28,798 - €82,341). 2025: €29,315 - €83,823
41% tax band
(2024: €82,342 - €177,106). 2025: €83,823 - €180,294
45% tax band
(2024: From €177,106). 2025: From €180,294
'Further delays would cause anger'
In the interview on February 1, Mr Bayrou confirmed that he would also use article 49.3 to pass the budget, but said he was confident that the measure would succeed as a further delay “would be angrily rejected by the French people”.
"Now we need to move straight on to adoption. A country like ours cannot remain without a budget.
“The only way to do that is to make the government responsible. This will be done on Monday.”, said Mr Bayrou, adding that “in ten days’ time”, France will “finally have the budgets that are essential to the life of the nation".
