Total tax in France

[Mike68]

Hello Everyone,

My wife and I are looking to move to Provence and I am trying to understand the extra taxes I have to pay.  We are in our mid 50's coming from Canada and retired early so we live from an investment that pays on average 55,000 Euros per year.

I understand from reading that we can choose to pay the a flat 30% investment tax or go for sliding scale income tax, split the income between the two of us to minimize the tax.  What I don't understand is the social tax or other taxes. 

Do I need to pay social tax? if so, I see it at different rates, sometimes at 17.5% and sometimes at 6.8%.

Can someone please tell me what I can expect to have left as NET?

Thanks,

Mike

[pomme]

There is a comprehensive guide here https://www.french-property.com/guides/france/finance-taxation/taxation/

The 30% tax you mentioned for investment income comprises two components, income tax at 12.8% and social charges at 17.2%

Those social charges are part of general taxation and do not cover health service/social security benefits. You will need to pay into Protection Universelle Maladie (PUMA) for that https://www.french-property.com/guides/france/public-services/health/system-overview/ I think it is 6.5% on investment income over €20,000.