Crevette Posted August 30, 2007 Share Posted August 30, 2007 There was an intersting article in the "metro" today about how the goverment is considering a "minimum level of taxation" as due to the many "tax reduction" schemes it is possible to earn a good salary and not pay any income tax!They state a case of a family earning 82000 with two kids, who would normally pay 7000 income tax. If they pay 15000 euros to a "home employee" then they would get 7000 euros in tax credit - thus meaning they would legally pay no income tax at all! Sounds very interesting! -Rob- Link to comment Share on other sites More sharing options...
Pierre ZFP Posted August 30, 2007 Share Posted August 30, 2007 Also sounds highly unlikely. Link to comment Share on other sites More sharing options...
Chancer Posted August 30, 2007 Share Posted August 30, 2007 Most of the TV news articles this week have run this story, it is not all all unlikely.They cited several examples of families with joint incomes of around 90-100K Euros, with deductions for children, property investments, nursery care and many other examples that I cannot recall, they cited numerous "notional" examples of the relatively well off paying no income tax at all.I want to repeat that there were many many examples of tax breaks all of which seemed very generous in comparison with the UK.I dont think that they affected social charges though but hopefully someone else could confirm. Link to comment Share on other sites More sharing options...
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