French Polynesia Tax Tables 2024 - Tax Rates and Thresholds in French Polynesia
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This page contains the tax table information used for the calculation of tax and payroll deductions in French Polynesia in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ PF, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for French Polynesia or would like to add to or suggest amendments to the information herein then please contact us.
2024 Tax Tables [Quick Links]
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French Polynesia Personal Income Tax Tables in 2024
The Income tax rates and personal allowances in French Polynesia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the French Polynesia Tax Calculator 2024.
French Polynesia Residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Flat rate on all taxable income |
French Polynesia Non-residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Flat rate on all taxable income |
French Polynesia Social Security and Payroll Deduction Rates in 2024
In French Polynesia, the social security system provides a range of benefits funded through contributions from both employers and employees. This system is designed to offer support in various aspects of life, including healthcare, retirement, and family benefits. Understanding these contributions and what they fund is crucial for anyone working or employing in French Polynesia.
French Polynesia Social Security in 2024: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Family Benefits (Prestations Familiales) | 0% | 3.33% | 3.33% |
| Work Accident (Accidents du Travail) | 0% | 0.77% | 0.77% |
| Retirement Tranche A (Retraite Tranche A) | 7.33% | 14.67% | 22% |
| Retirement Tranche B (Retraite Tranche B) | 5.81% | 11.62% | 17.43% |
| Social Retirement Fund (Fonds Social Retraite) | 0.18% | 0.36% | 0.54% |
| Health Insurance (Assurance Maladie) | 5.65% | 11.3% | 16.95% |
French Polynesia Social Security and Payroll Deduction in 2024: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Family Benefits (Prestations Familiales) | n/a | n/a | n/a | $ 9,000,000.00 |
| Work Accident (Accidents du Travail) | n/a | n/a | n/a | $ 36,000,000.00 |
| Retirement Tranche A (Retraite Tranche A) | n/a | $ 3,168,000.00 | n/a | $ 3,168,000.00 |
| Retirement Tranche B (Retraite Tranche B) | $ 3,168,000.00 | $ 6,240,000.00 | $ 3,168,000.00 | $ 6,240,000.00 |
| Social Retirement Fund (Fonds Social Retraite) | n/a | $ 3,168,000.00 | n/a | $ 3,168,000.00 |
| Health Insurance (Assurance Maladie) | n/a | $ 60,000,000.00 | n/a | $ 60,000,000.00 |
Health Insurance Contributions
One of the primary components of social security in French Polynesia is health insurance. Contributions to this scheme fund access to medical care, including hospitalization, outpatient services, and prescriptions. This insurance ensures that employees and their dependents receive necessary medical treatments, contributing to the overall well-being of the society.
Pension Contributions
Pension contributions are another significant aspect of the social security system, aimed at providing income to individuals upon retirement. These contributions accumulate over an individual's working life, securing financial stability for retirees. The pension system in French Polynesia is designed to support elderly citizens, ensuring they can maintain a decent standard of living after retirement.
Family Benefits
Contributions also fund family benefits, designed to support the families of employees, particularly those with children. These benefits include allowances for childbirth, child rearing, and education support, helping to alleviate the financial burden on families and promote the well-being of children.
Employment Injury Insurance
Employment injury insurance is funded through employer contributions and provides coverage for accidents and diseases related to work. This insurance covers medical expenses, rehabilitation, and compensation for temporary or permanent disability, ensuring protection for employees who suffer work-related injuries or illnesses.
Unemployment Benefits
Although more limited compared to some other jurisdictions, French Polynesia offers unemployment benefits to support individuals who lose their jobs. These benefits provide temporary financial assistance, helping unemployed workers to cover their basic needs while they search for new employment opportunities.
Solidarity Contributions
In addition to specific social security contributions, there are solidarity contributions aimed at supporting broader social welfare initiatives. These contributions fund programs for the most vulnerable segments of the population, including those not directly covered by other social security schemes.
The social security system in French Polynesia plays a crucial role in ensuring the health, financial security, and overall welfare of the population. Employers and employees contribute to this system, recognizing the mutual benefits of a healthy, secure, and supported workforce. Through these contributions, French Polynesia aims to maintain a balance between supporting economic activity and ensuring social welfare.
French Polynesia VAT Rates in 2024
VAT rates for French Polynesia are reviewed annually, you can use the VAT Calculator to calculate VAT due in French Polynesia or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
French Polynesia VAT Rates| VAT Rate | VAT Description |
|---|
| 16% | Standard Rate |
Historic Tax Tables supported for French Polynesia
The following tax tables are supported by iCalculator™ PF as part of the suite of free tax tools we provide for French Polynesia.