CHILD CARE EXPENSES. The increase in the tax credit for childcare expenses could allow you to realize significant savings on your tax return.
Are you in the middle of the administrative formalities relating to the tax declaration? Good news, if you employ a childminder, you could save a lot of money in 2023! Indeed, the ceiling of the tax credit for a childminder has been raised! It climbs from 2,300 euros to 3,500 euros as part of the finance bill for 2023. The objective? Reduce the rest to be borne by the parents concerned. Result of the races, the tax credit of 50% of the expenses incurred in 2022 increases from 1,150 euros to 1,750 euros, i.e. a net gain of 600 euros if you find yourself in this situation. A rather impressive economy, especially in these times of galloping inflation of which France has been a victim for many months.
For the employment of a childminder, you must declare the different amounts, depending on the children, in the following boxes: 7GA to 7GG of your tax return (paper or online).
