Like every year, time for the tax return has arrived. Since April 13, 2023, taxpayers must validate their tax form online. If the latter is pre-filled, it is necessary to check it carefully. The Directorate General of Public Finances (DGFiP) does not have access to some of your data. It is therefore imperative that you fill them in yourself.

Declaring certain expenses can give you a significant tax advantage. It is therefore essential to ensure that these costs are declared. One of the most well-known tax-reducing expenses is that related to donations. Since August 1, 2003, making a donation to a public utility association grants a tax reduction. Depending on the case, the taxpayer obtains a reduction of 66% of the amounts paid within the limit of 20% of taxable income; or 75% of the sums paid within the limit of 1,000 euros in donations (until 2023).

There is a difference between tax reduction and tax credit. The tax reduction, linked to donations for example, is deducted from the tax. However, in the event that the amount of the reduction is greater than the amount of the tax, you cannot receive the surplus generated. Unlike the tax credit. If the tax credit is greater than the amount of the tax, the excess gives rise to a refund by the DGFiP.

Discover in our slideshow below the 10 expenses allowing a taxpayer to obtain a tax credit.