60% advance on recurring tax reductions and credits paid in January

As part of income tax withholding at source, Article 12 of the 2019 Finance Act raises from 30% to 60% the advance paid at the start of the year on certain tax reductions and credits (Art. 1665 bis of the General Tax Code) and widens its scope: home employment, childcare costs, dependency costs in care homes, donations, trade-union dues and rental investment schemes (Pinel, Duflot, Censi-Bouvard, Scellier, overseas). The first advance was paid on 15 January 2019, based on the benefits obtained the previous year.