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Why more than half of French households do not pay income tax
Tax credits, ‘parts’ system and tax band increases all play their part
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What is new as French income declarations open online
Updates were given today on property ownership declarations, tax credits and tax for high earners among other points
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French tax officials have extra ‘weapons’ to challenge suspicious declarations
Taxpayers may be asked for further evidence or explanations to justify expenses or credit claims
Exchange rates for 2021 income to help with French tax declaration
Foreign income must be declared in euros on your French tax return but we have a handy guide for major English-speaking countries

All people living in France will as usual need to make a declaration of last year’s income this spring.
The only exception is if they have only forms of income already known to the French tax office and can ‘tacitly’ agree to a summary sent to them.
Read more: How to apply for a ‘numéro fiscal’ for your first French tax return
Read more: Exchange rates and moving currency: 'Stop playing and start planning'
Tacit declaration will not be an option if you had foreign income.
If not in euros, this should, strictly speaking, be converted at Banque de France rates on the day of banking.
The tax authorities have however, tolerated the use of an average rate and have previously said it is acceptable to use an average of the end-of-year rates for the tax year (2021 in this case) and the year before (2020).
Using this, we obtain for major English-speaking nations’ currencies:
£1=€1.1499
1$ US=€0.8476
1$ Canada=€0.6661
1$ Australia=€0.6347
1$ NZ=€0.5959
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