Taxes without a collector. Since the entry into force of the withholding tax in 2019, it is up to employers, pension funds or even Pôle Emploi to collect the tax to pay it to the tax authorities. A size change that has been painless for many individuals, but not all. Indeed, what to do when you do not depend on any collecting organization? This is particularly the case for the self-employed or for all those who receive property income.
Unsurprisingly, these taxpayers are not exempt from income tax, thanks to the withholding tax deposit system. Here are the incomes that may be subject to it:
As the tax site explains, these installments are “deducted from the bank account that you have communicated to the administration”. The amount of the installments is calculated directly by the tax department, automatically, according to the last known situation. Be careful, you must still continue to file your tax return each year, so from April 13 in 2023.
Please note, if you have to opt for these installments, the direct debits do not take place at any time of the year, but on very specific dates. Above all, they have a very precise calculation base, which changes according to the months of the year. We will explain everything to you.
The amount of the deposit deducted by the tax authorities is calculated in two stages, explains Capital.
If you are concerned by installments, you will be debited every 15th of the month, starting on January 15th. However, you can only be debited four times a year, if you choose the quarterly installment option.
You can choose to be debited quarterly for installments. Here are the four dates on which the tax authorities will come to take the amount you owe them:
As the tax site explains, you can opt for the quarterly direct debit in the “Manage my direct debit at source” service, from the home page of your private space. “The option is valid for the entire year: it takes effect on January 1 of the following year when it is exercised before September 30. It is tacitly renewed each year in the absence of contrary action on your part” .
You can create a new deposit, especially if you benefit from a new type of income, delete a deposit, but also modify the amount of your deposits, if your situation changes. The tax site specifies that “your installments will be automatically recalculated during each tax return that you make, when you adjust your withholding tax rate or when you report a change in family status”.