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Show generosity

By funding causes that benefit the most vulnerable categories or projects that benefit the community, you can obtain a tax reduction. Contribute to works of general interest, make donations or payments to associations. These must be recognized as being of public utility and the works for which they are responsible demonstrate a cultural, family, humanitarian or philanthropic character. Endowment funds, corporate or university foundations may also be the subject of these contributions. As a general rule, the tax reduction operates on payments not exceeding 20% ​​of taxable income. The sums actually paid are subject to a reduction of 66%, 

Declare your income the smart way

By didn't of doing it at the last minute in the declaration of your income taxes, you often miss out on entries that can legally save you money. Next time, consider, for example, the pension contracts taken out during the year. Whether it is disability savings or a survivor's pension, the reduction can reach 25% of the premiums. The conditions which apply include, on the other hand, the maintenance in the state – without deduction, therefore – of the product over a period of 8 years, while the ceiling of 1,525 euros must not be exceeded concerning the premiums. Count an increase of 300 euros per dependent child on this premium ceiling. Has your household welcomed a newborn during the year? Your family quotient over the past year will be increased. your older child, ms still a minor, already exercising a professional activity? Declare his income simultaneously as yours, keeping it as a tax share. For this purpose, tools are available online for you to carry out a simulation. You will then compare the amount of taxes to be paid in the scenario where you agree to lose this tax share, with the amount due if you include his salary in yours. Just take the most advantageous option. with the amount owed if you include his salary in yours. Just take the most advantageous option. with the amount owed if you include his salary in yours. Just take the most advantageous option.

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Tax-exempt real estate

Investing in selected real estate is another way to reduce your tax burden (see examples and tips ). The whole thing is to place your pawns where it is really interesting. More and more people seek, for this purpose, the services of a professional who enlightens them on the various advantages and the stakes represented by the various devices envisaged by the legislator. Renting professionally furnished accommodation, choosing your property on the geographical limits of a heritage site, becoming a new owner and renting the property for an agreed period, so many steps that allow you to invest your money in solid, while taking advantage of tax relief.

Compare, always

Insurance contracts are, above all, a market affair. The various players in the sector offer insurance services that basically meet the same needs but at different prices. For users of the service, competition between these offers is one of the best ways to access an advantageous price. Sites such as Le Mag de l'Assurance thus offer individuals and professionals tools to select, under the best conditions, home insurance contracts, funerals, pets, etc.

Adapt the guarantees included to their real needs

Often, the cost of insurance offered on the market is calculated on the basis of the guarantees attached to the contract. The more numerous or specific these are, the more providers offer the policy at a high price. That being said, it happens that some of the covers that are sold to you turn out to be completely useless in your personal case. Another way to pay for your insurance at the right price is then to scrupulously limit the guarantees that you consent to, at the time of subscription, to those that meet your real needs. For example, in car insurance, those who drive less than 8,000 km a year can opt for contracts offered by the kilometer.

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Bypassing premium scenarios

In terms of insurance, it happens that the price inflates because the subscriber is in a situation that requires the service provider to apply additional premiums. These are mobilized each time the insured is considered to present risks that are more difficult to cover than others. To avoid the 50 to 60% surcharge applied to young drivers, they could, for example, invest in a connected box. Ditto for home insurance, the idea is sometimes to install security devices or to target a home in a lower risk department.

Rethink payment

You don't think about it in the first place, but the way you waive your insurance contributions can have an impact on the amount of these. You should know that to cover an insured against the same risk, the service provider often makes him pay more if he decides to split his payments. Annual payment can be much more advantageous. In addition, take into account the additional costs associated with the management of certain payment methods such as checks. Opting instead for the transfer allows you to make some margins.

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Clearly identify your service provider

For certain categories of insurance – notably those related to loans – some people automatically rely on banks for credit. However, it is useful to know that other players can offer equally interesting coverage, at a lower cost and that there is absolutely no obligation to take out loan insurance with the organization offering it. . Insurance delegation is the best economic alternative in this specific case. In addition, when you are used to dealing with a given service provider, you should not hesitate to negotiate.