1989 - 2019 30 years in business Friday, 19th April 2019

France To Deduct Income Tax From Paychecks

Dear Clients,


France’s President Francois Hollande, has confirmed that the government hopes to introduce

Income tax deduction at source from 2018.


In an interview with French newspaper Sud Ouest, Hollande confirmed that the plan is seen as

A priority for the Government, He said that putting such a system in place will not be a simple

Undertaking and committed to ensuring that the state and taxpayers are not adversely affected.


He said that the system will be introduced over a period of at least three years, to allow for careful

And close management, with the first stage to be undertaken in 2016.


Hollande again confirmed that the Government is not considering proposals to amalgamate income

Tax and social security contributions.


Should you require further clarification, please do not hesitate to contact us at: info@cardwell-capital.com


Kind Regards

Cardwell Advisory Desk


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