Taxes: will you receive a refund this July 31 ?

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Particularly since the introduction of withholding tax, overpayment refunds collected by the tax administration are legion. This year, 16 million French people should be affected by a possible “tax refund”.

In 2023, the average reimbursement was 844 euros per tax household. Suffice to say that this represents a nice surprise for the French whose purchasing power has continued to decrease in recent years.

We will have to wait until&#8217 ;at July 31 to discover the wording “ REMB INCOME TAX ” on your bank account. In the meantime, you can always try to find out if you will be reimbursed using our advice here.

Who is affected by the tax refund?

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It is important to know whether or not you will soon be able to rejoice. Thus, if your withholding percentage was too high based on your previous tax return, you will be entitled to this refund.

This is also the case for people whose family situation has changed in the meantime, with the birth of a child for example. French people subject to this reimbursement will receive “ the amount refunded will correspond to the difference between what has already been deducted in 2023 and the tax finally due ” on the date of July 31, 2024.

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How to find out how much you will be reimbursed ?

It is already possible to find out if you will be reimbursed, but also to know the exact amount which will automatically land in your account. Because yes, no action is required to benefit from this reimbursement.

To find out the exact amount that will eventually supplement your vacation budget, simply go to the government website dedicated to taxes here. In your private space you will find your 2024 tax notice on 2023 income which simply indicates the amount that will be refunded to you.

You sometimes have to pay extra in the event of of erroneous declaration

Taxes

Be careful, what goes one way also goes the other. If you have not paid the full amount of taxes that you owe to the tax authorities, you will have to go to the cash register in September.

The year last, 10 million French people were affected by the measure. Remember that you can modulate your percentage yourselfwithholding tax, for example to avoid paying this too little received at the end of the year.

• 16 million French people are concerned to potentially receive a refund of the overpayment by the tax administration
• It is already possible to know if you are affected by the measure, and how much you will be reimbursed by consulting your tax notice
• The transfers will be automatic, and will take place on July 31, 2024

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