Nearly 9 million tax households will be affected by this system. In a press release published on Monday January 10, the Ministry of the Economy set Monday January 17 as the date for payment of the advance of tax reductions and credits.
Under the heading “ADVANCE CREDIMPOT”, this payment will be issued to the bank accounts of more than 8.7 million tax households, for a total sum of 5.3 billion euros.
#TaxCredit | Since January 1, you can opt for the immediate payment of the tax credit linked to the employment of an employee at home.
On January 17, the deposit of 60% of the tax credit for expenses for 2021 will be paid.
infohttps://t.co/09w28vsxFm pic.twitter.com/aMFQJf7CjB
– Ministry of Economy, Finance, Recovery (@Economie_Gouv) January 10, 2022
The objective of this initiative is simple: to facilitate home employment by reimbursing the expenses related to this mode of work.
In fact, this transfer will include tax reductions or credits for an employee at home, as well as costs for childcare, accommodation in nursing homes, rental investments, union dues and donations.
An average amount of 605 euros per household
Estimated at 605 euros per household concerned, the advance paid will correspond to 60% of the total amount of tax reductions and credits, on the basis of the declarations made in the spring of 2021 concerning the expenses for 2020.
The final amount of tax reductions and credits for each taxpayer will be determined in the spring of 2022, before an adjustment carried out in the summer of 2022 incorporating the advance paid on Monday, January 17.
As regards the 235,000 tax households that have not provided the tax authorities with their bank details, the advance will be received by post at their home in the form of a check letter at the end of January 2022.