2024-09-29 08:24:14
This tax message is very important for your bank account.
A new tax email has just arrived. This time we’re not talking about income tax or property tax. However, the message still has some importance because it will impact your finances in the months to come. It is therefore best to read it carefully to avoid unpleasant surprises.
“Do you use household help? Do you use personal services? Do you donate or pay union dues?” : these are the questions posed by the DGFiP, which also mentions advances on credits and tax relief. Even though the content may seem complex, it is essential to respond well to the administration.
This email was sent to all those who take care of children under the age of six, both at home and in a facility, employ domestic workers (cleaners, etc.), make donations to associations or invest in rental properties. Many situations that allow you to reduce the tax due. For these 9 million affected families, the tax administration provides an advance so that the tax reduction arrives only after the tax return.
In its message the taxman therefore asks if, in 2024, you have maintained these same expenses, donations or investments. If so, in January 2025 you will receive an advance equal to 60% of the tax credit received in 2024 (calculated on 2023 expenses). The rest will be paid during the summer of 2025, once the 2024 tax return is completed. No action will need to be taken, everything will be automatic.
On the other hand, if these expenses have decreased or stopped since the beginning of 2024, it is important to inform the tax authorities now and at the latest by December 12, 2024. Indeed, if you no longer use this type of service and do not report it , you will receive, in January, the same advance as last January.
But it won’t be a gift: when you file your tax return in the spring, the DGFiP will ask you to return the amount as you no longer use these systems. Enough to be a big expense if the money isn’t set aside. It is therefore better to immediately report the change to the administration.
#absolutely #read