Taxpayers whose income does not exceed a certain threshold have until November 30 to request a tax advantage on the gains generated by their investments.
Home savings plan (PEL), life insurance, shares, etc. Financial investments that generate interest and dividends are subject to deductions when the interest is paid by the bank.
In detail, except for regulated savings accounts, such as the Livret A or the LEP, most investments are subject to a flat-rate deduction of 30%, including 17.2% social security contributions and 12.8% tax. on income. But some taxpayers can be exempt from the 12.8% tax levy, as Capital explains.
An income threshold not to be exceeded
In detail, people whose reference tax income is less than 25,000 euros, if they are single, and 50,000 euros, if they are a couple, can be exempt from the 12.8% tax on the interest generated by their financial investments. These thresholds rise to 50,000 and 75,000 euros for dividends.
To obtain this exemption, eligible tax households must contact their banking establishment before November 30.
“The request for exemption from the compulsory non-dischargeable flat-rate withholding of 12.8% (paid as income tax at the time of payment of income) must be made before 11/30 of the year preceding that of payment of this income”, explains the tax administration on its site.
So, if you are eligible for this advantage, the savings interest you receive in 2025 will be taxed less. Furthermore, non-taxable persons who wish to avoid catching up on these deductions during the summer of 2026 must check the 2OP box when completing their 2025 income tax return.
Just a few more days to correct your declaration
If eligible taxpayers therefore have until November 30 to come forward, all French people can correct their 2023 income tax return until December 4.
To correct it online, simply go to your particular space and click on the “access online correction” section. You will receive another notice once the new declaration has been validated.
Taxpayers who have made a paper declaration must make a claim to their public finance center.
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