Between 2022 and 2023, a special tax allowance was increased to 5.4%. Some households will therefore be able to take advantage of this exceptional measure when filing their tax returns.
In September 2022, a new levy was introduced by the finance department, shortly after the tax bracket schedules were also reassessed. Added to this are the increases in the various taxes. So many changes that can sometimes confuse taxpayers when it comes to filling in their annual tax return.
Fortunately, tax developments are in some cases synonymous with good news. In any case, for certain taxpayers. In 2023, a special tax allowance was in fact increased by 5.4% compared to the previous year. A measure that will benefit people over 65 and people with disabilities. Thus, for the taxation of income received in 2022, the latter will be able to benefit from an abatement provided that the tax household does not exceed 26,400 euros. A measure therefore reserved for the elderly or disabled on low incomes.
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Award conditions
To be eligible for this allowance, you must be over 65 on December 31, 2022. A necessary condition whether it is the taxpayer or one of the members of the couple for people subject to joint taxation for example.
Holders of the mobility inclusion card bearing the mention “disability” or a military or industrial accident pension for a disability of at least 40%. This time, this condition must be satisfied by the taxpayer himself or, for persons subject to joint taxation, by each member of the couple. A device that is not cumulative. Thus, a person aged over 65 and disabled will not benefit from a double reduction.
The amount of this allowance varies according to the income level of the taxpayer or the household concerned. For an overall net income in 2022 of less than €16,410, the allowance amounts to €2,620, provided that the taxpayer is over 65 or disabled. A condition that must be met by one of the members of the couple for those subject to the joint tax system. And if the two members of the couple each meet the conditions of age or disability, the amount of the allowance is then €5,240.
The amounts of the allowance are halved for the tax bracket whose overall net income in 2022 is between 16,410 and 26,400 euros. In this case, the allowance amounts to an amount of €1,310, if the taxpayer or only one of the members of the couple subject to joint taxation is over 65 years old or is disabled. And if the two members of the couple subject to joint taxation fulfill the conditions for allocation, the amount then rises to €2,620. No specific steps need to be taken to collect this allowance, which is calculated automatically by the tax authorities.