2024 Income Tax Calculation for VALETTI Household: A Comprehensive Analysis Report

Extract

[...] Ceiling of the family quotient (Article 197-I CGI) : The administration sets a maximum value of tax savings per additional half-share (those of children): -the tax rule indicates: 1 half-share = 1,791 ? maximum tax savings -So 1 whole share = 2 half-shares, which is 2 × 1,791 ? = 3,582 ? maximum In this case, the couple has 3 children : -The 1st child women ½ part ? ? -The 2nd child also give women ½ part ? ? -The 3rd child women 1 whole part ? 2 half-parts ? 1 791? × 2 = ? [...]

[...] Sum of income from different categoriescategories 2.1 Salaries and wages Mr. VALETTI receives an annual gross salary of ?132,450. In accordance with the'article 83, 3° of the CGI, salaries and wages benefit from'a flat reduction of 10% for professional expenses, automatically calculated by the'administration (except option for real expenses, clearly non exerchere). This reduction is capped at ?14,948 for 20241. In the'spaceisthis of 132,450 ? = 13,245 so the'abatement is fully applicable. Net taxable income TS = 132,450 ? - 13,245 ? [...]

[...] VALETTI holds 50% of the shares. The total fiscal result is ?77,654, so her share is: ?77,654 × 50% = ?38,827 Regarding a revenue from a commercial activity, this revenue is taxable in the category of professional BIC, under the regime ofthe, conformin accordance with'article 8 of the CGI (no micro-BIC as the SAS is not'is not eithereligible). Furthermore, the fact that Madame VALETTI is associated with her sister does not call into question the'imposition of her share in the category of professional BICs and has no other tax consequence. [...]

[...] L'impostt calculationis based on two parts, from which we subtract the maximum ceiling allowed for family quotient surcharges (related to dependents). If the'If the tax with real quotient is lower than this second capped amount, then capping is'applies: the amount of the'tax is revalued and fixedis at the value of the second calculation3 : The maximum advantage granted for each additional half-part is limited to ?1,7914 Calculation with 2 parts (without children): 171?332 ? ÷ 2 = 85?666 ? Application of the barisme progressive : Tranche Rate Taxable amount Tax Up to ?11,497 0 % 11?497 ? [...]

[...] Credit for employment at home : ? Tax net due = ? - 2750 ? = 27 559? In addition, in this case, no dividend or other capital income is'are mentioned. We therefore consider them as null, no integration or taxation is'is to be performed. Conclusion The net amount of l'income tax due by the household for 2024 is 27,559?. [...]