You will soon have to devote part of your evening to it. Thursday, April 7 marks the start of the period during which you will have to complete your income tax return. You have until May 24 or June 8 to take care of it, a deadline established according to the department of residence for online filers. If you opt for the paper declaration, you will have to return everything by mail before May 19 at midnight. And this year contains its share of novelties.
The revalued mileage scale
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 soaring prices at the pump, the government has decided to increase the scale of mileage allowances by 10% for the taxation of income for the year 2021. This measure concerns “the heart of the middle class”, according to the Ministry of Economy. From a government source, this increase should concern 4.3 million households declaring their actual costs, of which 2.5 million pay income tax.
In order to better take into account the evolution of the cost of ownership of a vehicle, in particular the cost of fuel, the government plans to introduce an automatic indexation of the kilometer scale from 2023.
The “Macron bonus” extended
The tax-exempt purchasing power premium, known as “Macron bonus”, launched at the end of 2018 to respond to the “yellow vests” crisis, has been extended. Paid between June 1, 2021 and March 31, 2022, it is intended for employees earning less than three times the amount of the minimum wage, and in particular for workers in the “second line”, particularly involved during the health crisis. These are those exercising trades in commercial or service activities who, due to the nature of their tasks, are exposed to a direct health risk.
This bonus is capped at 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 workers in the “second line”, “if measures to revalorize their professions are undertaken”specifies the government on its site service-public.fr.
The non-taxable inflation bonus
As a reminder, the aid of 100 euros paid to preserve purchasing power in the face of the sharp rise in the cost of energy and fuel is exempt from tax. It concerns 38 million people earning less than 2,000 euros net per month, whether they are employees, self-employed, retired, beneficiaries of the RSA or the allowance for disabled adults.
The government specifies that this bonus ne will not be taken into account, neither for the calculation of income tax, nor in the conditions of resources for the benefit of social assistance.
The “Coluche” donation ceiling maintained at 1,000 euros
The tax advantage linked to donations “Colouche” is extended until the end of 2023, by the finance law for 2022. These donations are those paid to associations helping to the most disadvantaged, such as the Restos du Coeur, or to organizations helping victims of domestic violence, Thus, for the second consecutive year, individuals benefit from a tax reduction corresponding to 75% of donations made, up to a limit of 1,000 euros.
This increase in the tax reduction ceiling, which goes from 552 euros to 1,000 euros, was put in place for the first time on an exceptional basis for the taxation of income for the year 2020, due to the health crisis. Once the ceiling has been reached, the surplus falls back into the common law system with a tax reduction of 66%. It cannot exceed 20% of taxable income.
Tax-exempt press subscription
For the first time, a subscription to a press, political or general information title, in paper or digital version, may give rise to a tax credit, under certain conditions. The subscription must, in particular, be subscribed between May 9, 2021 and December 31, 2022for a period of 12 months minimum. This tax reduction is equal to 30% of the expenses incurred as part of the subscription, specifies Bercy.
If for subscriptions taken out in 2021 and declared in 2022, no income condition is required, those taken out in 2022 and declared in 2023 will be subject to income conditions. IThe annual income of the tax household must not exceed 24,000 euros for a share of family quotientincreased by 6,000 euros per additional half-share.
A reduction for the installation of a charging system for electric vehicles
Another novelty for 2022: a tax reduction is granted for expenditure on the acquisition and installation of charging systems for electric vehicles carried out between January 1, 2021 and December 31, 2023. Whether it is installed in a main residence or a second home, this charging system entitles you to a tax credit equal to 75% of the amount of the expenses, up to a limit of 300 euros per charging system. It is open to all taxpayers, owners, tenants or accommodation free of charge, regardless of their level of income.
For expenses incurred in 2019 and 2020 then paid in 2021, the energy transition tax credit is also equal 75% of the amount of expenses within the limit of 300 euros per charging system. But it is reserved only for owners carrying out work in their main dwelling completed for more than two years, details the government on its site.
A new ceiling for the “sustainable mobility” package
Established in May 2020, the “sustainable mobility” package is paid by employers to employees traveling to their place of work by non-polluting transport. Bicycles, electric scooters or carpooling are concerned. Initially, this package benefited from a tax exemption within the limit of 400 euros. This ceiling is raised to 500 euros within the framework of the 2021 finance law. even been increased to 600 euros in the event of accumulation with the partial reimbursement of a public transport subscription or self-service bicycle.
Exemption from the telework allowance renewed
In 2021, the use of telework was still significant and many employees incurred professional expenses. The government has therefore decided to renew several measures aimed at exempting the costs and allowances of employees in this context.
For the second consecutive year, the allowances paid by the employer, in the form of allowances, fixed reimbursements or actual costs and covering the costs of teleworking at home, are exempt from income tax, within 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 home teleworking up to the same amounts.
An online simulation for scholarships
Declarants whose tax household includes one or more children attending middle school or high school will be able to check, at the end of their online declaration, their eligibility for the school grant system using a simulator. VSthe last years, “people who declared children did not ask to obtain the scholarships to which they are entitled”noted the Director General of Public Finances, Jérôme Fournel.