delays will be paid in cash, this is what you risk!

This is the home stretch for many individuals, keen to meet the deadlines imposed by the tax authorities to submit their 2024 tax return. As a reminder, you have until June 30 to submit your paper tax return, and until July 15 if you use Tax-on-Web. For those who have a tax return considered complex, they still have until October 16…

2024 tax declaration: here are the mistakes you should avoid making if you opt for the simplified version

However, as we know, no one is required to do the impossible and it may happen that we fail to meet these deadlines. What should we do then and what sanctions are we exposed to?

Fines and sanctions

If you do not submit your return on time, the tax authorities will first send you a reminder. But be aware that as soon as you exceed the deadline set by the tax authorities, you expose yourself to administrative sanctions. Thus, for a first offense, the tax authorities can impose a fine ranging from €50 to…€1,250.

Also be careful: a delay exposes you to an increase in the tax due. Thus, a first offense can represent an increase of 10% in tax, but this can rise up to 200%! Suffice it to say that it is better to avoid filing your declaration late as much as possible. Therefore, it is better to request an extension of the deadline from the tax authorities as soon as possible, and in any case before the planned deadline. In the event of force majeure, for example, such as a serious illness, a prolonged absence abroad or the loss of a document through no negligence on your part (due to a fire for example), you could plead your case to the tax administration by asking to be able to submit your tax return beyond the deadline…

Don’t wait until the last day

Testachats also advises you not to wait until the last minute and the last day to submit your declaration via Tax-on-Web and check that you have your complete documents. Take into account the time needed to put everything together, and the risk of the tax administration site crashing because it is stormed by taxpayers.

Testachats offers you the free tax guide and answers citizens’ questions via 0800/50.104, Monday to Friday from 9 a.m. to 12:30 p.m. and from 1 p.m. to 5 p.m.

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