Three reasons to think about your tax return right away

Are you among the majority of taxpayers who file their tax returns in December? What if we tell you it isn’t a good idea? To start filling in your tax return at the beginning of the year is much better, and in this article we explain why.

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1. Stressless – Prepare the ground and free yourself from this painful chore

Although the Luxembourg Inland Revenue forms will not be available until 7 April 2025, and you will not be able to sign your tax return and send it to the tax authorities until then, you can already start to prepare it now.

You can now download your tax file from S-Net Desktop (in ZIP format) so that you can pre-fill certain data on the taxx.lu platform. The content of this file varies according to your situation, the transactions you have carried out, and the products you hold. It may contain: your mortgage certificate, your personal loan certificate, your S-Pension certificate, transactions relating to your insurance, nurseries, donations, etc.
Start gathering the correspondence you received at the beginning of the year that will be relevant to your tax return, such as your BHW housing savings scheme statement, insurance statements, statements relating to childcare costs, etc.
Go on taxx.lu to answer questions about your situation and upload the documents you have gathered.

Tip:

To speed up the process, import your tax file from S-Net at the start of the process.

This way, your tax return will be prepared in advance, and on 7 April 2025 all you will need to do is to sign it and submit it. So you can relax for the rest of the year and can cross this chore off your “To-Do List” for good.

2. Hassle-free – Make corrections if you’ve missed anything

Once your tax return is ready, signed and submitted, you can no longer make changes to it. However, if it is completed in advance, but not yet signed or submitted, you still have time to think about it and make any changes, if needed. Don't forget that “time is money”, so to avoid any errors or penalties, leave yourself a little time between filling in the form and submitting it.

Find out about tax-deductible products

3. Pay less – Get a discount

By thinking about your tax return earlier in the year, you can add tax-deductible products at the right time. So, thinking about additional insurance or pension savings at the start of the year gives you time to take advantage of any tax advice you may need, and to plan future tax strategies.

In addition, Spuerkeess customers who use their Spuerkeess bank account to handle their direct taxes will benefit from a 30% discount on taxx.lu packages when completing their return on the platform.

The price of the “Standard” package will therefore fall from EUR 59 to EUR 41,30. The “Plus” package, which includes a tax return check by a taxx.lu expert, will be reduced from EUR 99 to EUR 69,30, and the “Premium” package, which includes a telephone advisory service, will be reduced from EUR 149 to EUR 104,30.

These low rates are shown directly when you pay your tax return on taxx.lu.