2021 Finance Act and New Developments concerning Personal Taxation
The bill has been designed to include a 0.2% increase in the income tax scale for incomes earned in 2020.
Furthermore, the Energy Transition Tax Credit (ETTC) will not be renewed. It will expire on 31st December 2020. However, the tax credit for the acquisition and installation of charging systems for electronic vehicles would be maintained.
Do not hesitate to contact our team [email protected] if you would like to know more about the impact of the 2021 Finance Bill.