Income tax return: tax reductions and credits

● 60 % down in January If you are part of the 8.8 million French people who have received a payment to the fisc on 15 January, be aware that it is an advance

Income tax return: tax reductions and credits

● 60 % down in January

If you are part of the 8.8 million French people who have received a payment to the fisc on 15 January, be aware that it is an advance for your cuts and tax credits to 2018. It is intended to mitigate the negative effects of withholding at the source on your cash flow. In effect, you pay now for your tax as early as January, while your tax benefits you will be reimbursed in September, when the regularisation of the tax (they are not taken into account in the withholding at the source).

" READ ALSO - Collection at the source: what psychological impact and what economic effects?

The deposit has been calculated on the basis of benefits "recurring" which you have benefited to 2017: gifts and works, and home-based employment, child care, accommodation in a nursing home, rental investment, union dues. Those considered as casual, the tax credit for the energy transition (ISCED) or the tax reduction for ...

Updated Date: 05 May 2019, 00:00

Kathleen Lees

Lees


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