a final deadline this Wednesday, June 15, 2022

Too late? Yes. It is actually too late to complete and validate your tax return, regardless of your department. With one exception: tax households that declare taxes through an accountant, a tax lawyer or even via an approved insane site have an additional deadline, until Wednesday, June 15.

In fact, this final deadline does not concern taxpayers but rather professionals who complete the declaration for their clients. Nevertheless. Indirectly, tax households that delegate the completion of their tax return to their chartered accountant, tax lawyer or other wealth management advisor have an additional period as long as this professional can claim EDI partner (computerized data exchange) taxes. These EDI partners transmit your information directly to the Directorate General of Public Finances (DGFiP).

As confirmed by the DGFiP MoneyVox, the deadline for declarations validated via an EDI partner is fixed at Wednesday June 15, included. Households delegating this annual chore to their accountant therefore have an additional period, since the deadlines ranged from May 24 to June 8 for all individuals depending on their department of residence.

Declare late? Sanction. Fix late? A lesser evil

You forgot to declare and you are not going through an EDI partner? You risk a 10% increase in your income tax (unless there is a justified excuse).

On the other hand, correcting late only exposes you to minimal late payment interest. At least…minimal as long as you correct quickly since the interest accumulates each month of delay. As confirmed by the company specializing in tax law and wealth management Fidroit, you do not risk an increase but only this late payment interest as long as you have validated in time, or if you have taken advantage of the automatic declaration. Moreover, interest on arrears only relates to the addition of income forgotten in the initial declaration: correcting to claim a forgotten reduction therefore costs you nothing.

Taxes 2022: what to do if you don’t have all the data to declare?

What you want to correct as soon as possible on your declaration

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