French Southern Territories Tax Tables 2024 - Tax Rates and Thresholds in French Southern Territories

This page contains the tax table information used for the calculation of tax and payroll deductions in French Southern Territories in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ TF, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for French Southern Territories or would like to add to or suggest amendments to the information herein then please contact us.

French Southern Territories Personal Income Tax Tables in 2024

The Income tax rates and personal allowances in French Southern Territories are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the French Southern Territories Tax Calculator 2024.

In the French Southern Territories, as in mainland France, social security deductions made by employees are generally deductible for the purposes of calculating taxable income. This means that the amounts contributed towards social security by employees can be subtracted from their gross income before determining the income tax owed. This deduction mechanism is in place to reduce the taxable income of individuals, thereby potentially lowering their overall tax burden and encouraging participation in the social security system.

French Southern Territories Social Security and Payroll Deduction Rates in 2024

The French Southern Territories, due to their unique status as overseas territories of France without a permanent population, have a distinct approach to social security and payroll deductions. The primary focus in these territories is on scientific research and environmental conservation, with a limited number of personnel stationed temporarily for research or administrative purposes. The social security and payroll deduction framework for these individuals follows French national laws but is adapted to the territories' specific context.

Employee and Employer Contributions

Employees and employers in the French Southern Territories contribute to France's general social security system. These contributions cover health insurance, pension schemes, family benefits, and unemployment insurance. Despite the remote location, these contributions ensure that individuals working in the territories have access to social security benefits similar to those in mainland France.

Health Insurance

Health insurance contributions provide coverage for medical treatments, hospitalization, and prescription medicines. Given the remote nature of the territories, this insurance is crucial for ensuring that individuals have access to necessary medical care, including evacuation if required for serious conditions.

Pension Schemes

Pension scheme contributions fund retirement benefits for individuals who have worked in the French Southern Territories. These pensions are calculated based on the accumulated contributions throughout the individual's career, ensuring financial support in retirement.

Family Benefits

Family benefits are designed to support employees with dependents, providing financial assistance for child care, education, and other family-related expenses. This element of social security is particularly relevant for employees stationed in the territories with their families, although this situation is relatively rare.

Unemployment Insurance

Unemployment insurance contributions offer financial support to individuals who lose their job, providing a safety net until they find new employment. This is an essential benefit for those whose employment in the territories is temporary and may face periods of unemployment upon returning to mainland France.

In summary, the social security and payroll deduction system in the French Southern Territories is designed to provide comprehensive coverage for the small number of individuals working there, ensuring they are protected by the same social security benefits as in mainland France. This system underscores France's commitment to safeguarding the welfare of its citizens, regardless of where they are stationed.

French Southern Territories VAT Rates in 2024

VAT rates for French Southern Territories are reviewed annually, you can use the VAT Calculator to calculate VAT due in French Southern Territories or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Historic Tax Tables supported for French Southern Territories

The following tax tables are supported by iCalculator™ TF as part of the suite of free tax tools we provide for French Southern Territories.