PASS (Plafond Annuel de la Sécurité Sociale) is an annual reference value used in many French tax and social security calculations. It's updated yearly and serves as a basis for calculating various thresholds, including social security contributions, tax brackets, and benefits eligibility.
We strive to update our calculators whenever there are significant changes to French tax laws, social security rates, or retirement rules. The current calculations are based on the most recent available information.
PUMA tax is calculated using the formula: 6.5% × (A - 0.5 × PASS) × [1 - (R / (0.2 × PASS))], where A is capital revenue (capped at 8×PASS) and R is professional revenue. No tax is due if professional revenue ≥ 20% of PASS or if capital revenue ≤ 50% of PASS.
Non-PEA capital revenue is subject to both social charges (17.2%) and income tax (12.8%), totaling 30%. PEA (Plan d'Épargne en Actions) capital revenue is only subject to social charges (17.2%) and is exempt from income tax, making it a more tax-efficient investment vehicle.
Yes, our calculator allows you to calculate your net salary using either the standard French progressive tax rates or a custom flat tax rate. To use the standard progressive rates, simply leave the tax rate field empty when calculating your after-tax salary.
Yes, our calculator uses the official URSSAF API to ensure all mandatory social contributions are included according to current French law, including health insurance, pension contributions, unemployment insurance, and other social contributions.
The French retirement pension consists of two parts: the base pension and the complementary pension. The base pension is calculated as (Income × Proratisation × (Trimestres-Worked/172)) / 12. The complementary pension is calculated as (Total Points × Point Value × Age Factor) / 12. These are combined to determine your total monthly retirement income.
As of November 2024, the Agirc-Arrco point value is 1.4386€. This value is used to calculate the complementary pension by multiplying it by the total number of points accumulated throughout your career.