Tax Administration Begins Collecting Income Tax Balances: How to Regularize Your Situation

2023-09-24 07:15:00

Like every year, the tax administration will begin this Monday to collect the balance of income tax from taxpayers whose withholding tax was not sufficient in 2022. Beyond 300 euros of balance, the The operation will be carried out in four times.

For millions of taxpayers, it’s time to pay. After having read the tax returns last spring, the tax administration will deduct from this Monday the bank accounts of French people who have not paid enough taxes in 2022 in order to regularize their situation. 9.6 million households would be affected for a total amount to be paid of 21.7 billion euros, according to The echoes.

These include those who allegedly failed to adjust their withholding tax rate following an increase in income in 2022. For them, this means that the amount of tax taken from their income throughout the year last year was lower than that of the final tax calculated by the tax administration on the basis of the declaration filed last spring.

Taxpayers who benefited from too much advance tax reductions and credits in January will also have to regularize their situation by repaying the overpayment to the tax authorities.

One or four samples

As specified by the tax services, the balance of income tax will be deducted in one go this Monday, September 25 if the amount to be paid is less than or equal to 300 euros. On the other hand, if the balance is greater than 300 euros, the payment will be spread over four debits of equal amount on September 25, October 26, November 27 and December 27.

Debits will be identified on the bank statement by their origin “DIRECTION GENERALE DES FINANCES PUBLIQUES” and their wording “BALANCE TAX INCOME 2022 INVOICE NUMBER XXX”. The tax administration also reminds that the bank account of which it is aware can be consulted and modified on the site impots.gouv.fr in its particular space, section “Withholding tax”, then “Update your bank details”.

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