You will have to devote part of your evening to it. Thursday 7 April is the start of the period in which you income tax return. You have until May 24 or June 8 to take care of it, a deadline set by the Department of Residency for Online Filers. If you opt for the paper declaration, you must return everything by post before midnight on 19 May. And this year includes its share of novelties.
The revalued odometer
One of the main novelties of this year is aimed at all those who make business trips by car or motorized two-wheeler. Faced with rising prices at the pump, the cabinet has decided to increase the amount of the kilometer allowance by 10% before the year 2021 for income tax. “the heart of the middle class”, according to the Ministry of Economic Affairs. From the government’s point of view, this increase should concern 4.3 million households that declare their real costs, of whom 2.5 million pay income tax.
To better take into account the evolution of a vehicle’s cost of ownership, in particular fuel costs, the government plans to introduce automatic odometer indexing from 2023.
Extended the “Macron Bonus”
The tax-free purchasing power premium, also known as: “Macron Bonus”, which was launched at the end of 2018 to respond to the “yellow vest” crisis, has been extended. Paid between June 1, 2021 and March 31, 2022, it is intended for workers earning less than three times the minimum wage, and in particular for workers in the “second line”, particularly involved during the health crisis. These are those who engage in commercial or service activities that, by the nature of their duties, are exposed to a direct health risk.
This premium is limited to 1,000 euros in companies that have not signed a profit-sharing agreement. The exemption ceiling rises to 2,000 euros for companies that have concluded a profit-sharing agreement, for companies with fewer than 50 employees and for employees in the “second line”† “if measures are taken to revitalize their professions”specifies the government on its website service-public.fr.
The untaxed inflation bonus
As a reminder, the EUR 100 aid paid to maintain purchasing power in the face of the sharp rise in energy and fuel costs is tax-exempt. This concerns 38 million people who earn less than 2,000 euros net per month, whether they are employees, the self-employed, retirees, beneficiaries of the RSA or the allowance for adults with disabilities.
The government states that this premium ne is not included, not even for the calculation of income taxnor in the terms of resources for assistance.
Donation ceiling “Coluche” maintained at 1,000 euros
The tax benefit linked to donations “Colouche” will be extended until the end of 2023, by the Financial Act for 2022. These donations are those paid to associations that help to the most disadvantaged, such as the Restos du Coeur, or to organizations that help victims of domestic violence, So for the for the second consecutive year, private individuals benefit from a tax reduction corresponding to 75% of the donations made, up to a maximum of 1,000 euros.
This increase in the tax reduction ceiling, which goes from EUR 552 to EUR 1,000, was introduced for the first time on an exceptional basis for the income tax for the year 2020 due to the health crisis. Once the ceiling is reached, the surplus will fall back into the common law system. with a tax reduction of 66%. It must not exceed 20% of taxable income.
Tax-free press subscription
For the first time, a subscription to a press, political or general information title, in paper or digital version, can give rise to a tax reduction under certain conditions. the subscription must be subscribed in particular between 9 May 2021 and 31 December 2022for a period of at least 12 months† This tax reduction is equal to 30% of the costs incurred in the context of the subscription, specifies Bercy†
If no income condition is required for subscriptions taken out in 2021 and declared in 2022, income conditions apply to subscriptions taken out in 2022 and indicated in 2023. lThe annual income of the fiscal household may not exceed 24,000 euros for part of the family quotientincreased by 6,000 euros per extra half share†
A discount for installing an electric vehicle charging system
Another novelty for 2022: a tax credit is granted for expenditure on the purchase and installation of charging systems for electric vehicles carried out between January 1, 2021 and December 31, 2023. Whether it is a primary residence or a secondary residence, this charging system entitles you to a tax credit of 75% of the amount of the costs, up to a limit of 300 euros per charging system. It is open free of charge to all taxpayers, owners, tenants or housing, regardless of their income level.
The energy transition tax credit is the same for expenditure incurred in 2019 and 2020 and subsequently paid in 2021 75% of the expense amount within the limit of 300 euros per charging system. But it is only reserved for owners who have more than two years of work in their main residence, details about the government on its website†
A new ceiling for the ‘sustainable mobility’ package
Founded in May 2020, the The “sustainable mobility” package is paid by employers to employees who travel to their workplace by non-polluting transport. It concerns bicycles, electric scooters or carpooling. Initially this is package benefited from a tax exemption within the limit of 400 euros. This ceiling will be increased to EUR 500 under the 2021 Finance Act. even increased to 600 euros in case of accumulation with partial refund of an OV season ticket or self-service bicycle.
Exemption from the telecommuting allowance renewed
In 2021, the use of teleworking was still significant and many employees incurred professional expenses. The government has therefore decided to extend a number of measures aimed at exempting employees from costs and allowances in this context.
For the second consecutive year, the allowances paid by the employer, in the form of allowances, flat-rate allowances or actual costs and to cover the costs of working from home, are exempt from income tax, in the limit of 2.50 euros per day, 55 euros per month and 580 euros per year† It is also possible to deduct professional expenses incurred for teleworking from home up to the same amounts.
An online simulation for stock exchanges
At the end of their online return, declarants whose tax household includes one or more children in secondary or secondary school can check whether they are eligible for the school allowance scheme using a simulator. USAIn recent years, “people who declared children have not asked for the scholarships they are entitled to”noted the director-general of public finances, Jérôme Fournel.