Publié le 31 July 2023
Why file a tax return even if it's not mandatory? Discover the benefits!
📝💰 Why file a tax return, even though it's not necessarily compulsory in Luxembourg? Here are a few reasons:
👉 Compulsory if your household receives, for example:
Annual taxable income > €100,000
Several incomes (e.g. 2 different salaries)
Income not taxed at source (e.g. rent)
👉 Not compulsory, but advantageous! It can allow you to benefit from a considerable tax refund, by deducting certain expenses on your tax return!
Examples of refunds thanks to the tax return! 💸
Example 1
💁♂️ Single, no children, gross monthly salary €4,000
💵Deductions on tax return :
Car insurance: €350
Health insurance: €322
Housing savings: €1,300
Home cleaning: €5,000
💰Tax refunded on tax return: €2,002
Example 2
💑 Civil union couple with 2 children, gross monthly salary €5,000 and €3,000
💵Deductions on tax return :
Car insurance: €800
Health insurance: €1,000
Housing savings: €4,000
Home cleaning and Maison relais: €5,400
💰Tax refunded thanks to tax return: €4,041
🤔 How can you find out if you qualify for a tax refund? Run a simulation on taxx.lu and find out for free how much you can be refunded. To file your tax return, download it for just €50.
📲 Create an account on taxx.lu and optimise your taxes! #declarationtax #refundtax #taxx.lu #optimisationfiscale 💼💡💰
