The long-awaited (or dreaded) moment is approaching it’s time for individuals to declare their income! The opening date is set for April 10.

The 2025 Finance Law introduced several changes, notably the 1.8% increase of the tax brackets and associated thresholds and limits. This adjustment, indexed to inflation, is designed to reduce its impact on taxpayers.

Here’s a summary of the key changes:

• Deduction for a dependent child not fiscally attached to your household:
 - €6,794 upon presentation of supporting documentation
 - €4,224 without documentation, if the child lives in your home

• Regarding the tax reduction linked to the family quotient, it may not exceed €1,791 per half tax share.

• View of the 2025 tax brackets based on 2024 income:

• Finally, the deadlines for submitting your tax declaration vary by department:
 - Thursday, May 22, 2025, → Departments 1 to 19 and non-residents
 - Wednesday, May 28, 2025, → Departments 20 to 54
 - Thursday, June 5, 2025 → Departments 55 to 974 and 976

For taxpayers unable to file online, paper declarations are accepted until May 20, 2025.

Unsure? Have questions? Contact the Finankap Group team to support with your tax return and to help you through the process.

If you'd like to take the stress out of your declaration and enjoy personalized support, get in touch with us!

Finankap Group, always by your side to bring your ambitions to life