The tax credit for home-based employment will be progressively collected in real time. Nicolas Barré takes stock of a current economic issue.
These are new rules that will change the lives of millions of taxpayers: the tax credit for home-based employment will be gradually collected in real time.
For millions of home-based caregivers, whether for childcare, caring for the elderly, or cleaning. This is a huge change that is getting ready. A highly anticipated change by taxpayers. It is possible to deduct 50% of these expenses from its taxes, up to a limit of 12,000 euros per year. But there is a gap of one year between when you pay and when you benefit from the tax cut. In short, we must advance the money. So this year, with the implementation of the tax at source, Bercy has set up a temporary system: taxpayers received a 60% advance of the tax credit, the balance to be regularized later after the tax return.
In some cases, this system required taxpayers to repay the overpayment?
Yes, it's not ideal. Hence the change that individuals pay only a net, that is, they deduct the tax credit in real time. No need to advance a euro. Obviously, this poses a small problem to Bercy: it is no longer the individuals who advance the money but the state. That's why the change will be progressive: it will start testing next year and it will be generalized gradually thereafter. This is part of the logic of withholding. And incidentally it will allow those who have a little trouble with their budget, to better know where they are.