2024-01-24 08:00:14
Tax: property tax, housing tax, income tax return…a busy first semester
The fiscal calendar for the year 2024 began on January 15date of the first deductions for taxpayers who have opted for the monthly payment of property and housing taxes (for second homes). This same date also marked the payment of the 60% advance on the tax credits and reductions for nearly 9 million tax households. This amounts on average to 634 euros per household. This early move by the tax administration aims to ease the initial tax burden and provide some liquidity to taxpayers.
The income tax declaration constitutes a pivotal moment, generally initiated at the beginning of April for paper declarations and mid-April for online declarations. The exact opening date is not yet known. Your return will be pre-populated, but careful verification is advised to correct any errors or omissions. Taxpayers unable to access the Internet or use the online declaration service remain authorized to use the paper version. Taxpayers will need to send their tax return forms following the closing schedule specific to their geographic area. Deadlines for paper tax returns are usually around May 20, 2024. Those that are carried out online for zones 1 (departments 01 to 19), 2 (departments 20 to 54) and 3 (departments 55 to 974/76) will have respectively until the end of May, the beginning of June and mid-June to return their tax return. Be careful, any delay in declaration can result in significant increases, between 10 to 40% after 30 days.
A second semester to finalize and pay
It is between the end of July and the beginning of August 2024 that taxpayers will receive their income tax notice (revalued to 4.8% in January 2024) declared in the spring. This period is also that of the regularization of advances received in January. If the final calculations reveal a balance in your favor, the tax authorities will pay the remaining 40% or an adjusted amount if necessary. On the other hand, an overpayment may result in a request for reimbursement.
September 1, 2024 also marks the application of the new withholding tax rate, calculated following the spring income tax return. Changes in situation and income will influence this rate, which will be visible on pay slips. The payment of the balance of income tax will also be made in September for those whose samples were insufficient. If the amount is less than or equal to 300 euros, the withdrawal is made in one go at the end of September. If it is higher, it will be spread over four installments until December 2024.
The month of October is reserved for the payment of property tax and housing tax for second homes : Owners not making monthly payments must pay before mid-October (digital payment) or the end of October (online). Payment of the housing tax will take place in December 2024, in mid-December for electronic payments and until December 27 for online payments.
1706084992
#dates #remember #tax #calendar