CSG deductible on Tax Form - what is it??

[Richard and Alex]

To save us anymore head scratching (no this isn’t a lice question!), can anyone give us a simple answer to the following.

On the annual avis for Contributions Sociales there is an amount shown for " Montant de la CSG déductible pris en compte pour l’imposition des revenus" and as it suggests the amount is then automatically entered on your next year’s tax form as a deduction. How is the amount calculated in the first place – it doesn’t seem to bear any direct relation to any other figures? I’m assuming it is a percentage of something??

Thanks

[suein56]

From the site Squidge quoted:

http://www.annett-consultancy.com/article_filling_in_your_French_tax_form.html#fiscalresident

***Where CSG (Contribution Sociale Généralisée - a tax which helps fund the social security system) is paid in the previous tax year, mainly on investment and rental income, at the rate of 8,2%, part of this can be reclaimed in the following year. The amount of CSG that can be reclaimed is 5.8% of this same investment income, claimed as a tax deduction. It is declared in total, jointly, from the previous year’s social charges assessment of this same income.***

The amount is marked on your last year's tax advice and is to be added where indicted on the above link on your 2007 déclaration des revenues form.

If you declare online the figure is automatically inserted by 'les impôts' as if by magic.

Sue

 

[Richard and Alex]

Thanks Sue - mystery solved! Also thanks to Squidge for an excellent find.