The General Directorate of Public Finance is preparing to make an expected payment to millions of French taxpayers. Automatic assistance entitled “ADVANCE CREDIMPOT” which can reach several thousand euros depending on the case, which comes at just the right time. Indeed, the Banque de France forecasts a slowdown in French economic growth in 2025, but slowing inflation (below 2%, despite wages which risk falling), according to Public Senate.
By injecting money directly into the domestic economy, this payment aims to support the purchasing power of households, particularly weakened by inflation in recent years.
Targeted reimbursements, without resource conditions
At this time when end-of-year expenses are weighing on wallets and where 2025 will be synonymous with a tightening of savings conditions, the tax administration is preparing its traditional January payment. This operation, affecting nearly 9 million French people, rrepresents an average of 645 euros per beneficiary household.
The device stands out for its universality : it does not impose any resource ceiling and is aimed at both low-income and wealthier households. The only condition? Have made certain specific expenses during the previous year. Four categories of expenses thus give rise to this reimbursement: home services (housekeeping, gardening, school support), childcare (crèche, childminder), donations to associations and rental investments.
A two-step payment mechanism
The State will support each type of expenditure differently : childcare and home employment benefit from a reimbursement of up to 50%, donations to associations are valued at 66%, while rental investment entitles you to around 20% of support. The mechanism works in two stages: a first payment in January, representing 60% of the total amount, followed by a summer supplement for the remaining 40%.
To illustrate, let's take a simple example. You are a couple and have employed household help for 4,000 euros over the entire year: out of the 2,000 euros of tax credit, you will therefore receive 1,200 euros in January, then 800 euros later in summer . If your situation remains unchanged since your last declaration, no action is necessary: transfer will take place automatically around January 15, 2025.
You can now see the exact amount that will be allocated to you; a document detailing the personalized amountcalculated based on individual costs incurred, is made available in your personal space on impots.gouv.fr. To find out more about the system, you can go to the section dedicated to it on the Public Service website, where more details are available.
- An automatic tax transfer, without means testing, will be made in mid-January for nearly 9 million households.
- This payment, based on certain expenses such as home services or donations, represents on average €645 per beneficiary.
- A first amount equivalent to 60% will be paid in January, with a supplement planned for summer.
???? To not miss any news from Presse-citron, follow us on Google News and WhatsApp.
