Key lessons
- The average mistake made on income tax returns is 2,100 euros.
- By keeping good records, you can avoid this mistake.
- Income tax is made more beneficial by tax credits and deductions. Tax credits are calculated automatically and you can't change that much.
- Deductions are sometimes calculated automatically. For example, mortgage interest deductions. It is important to check these automatic fields for errors. Some deductions are not calculated automatically. For example medical expenses or personal deductions. You must fill these in yourself.
- If you missed a deduction, you can object to the income tax return up to five years back through the ex officio deduction scheme.
- Tax consultants can be of great help if you experience a change in your family composition or living situation.
- Tax advisors registered with the NOB or RB are properly trained. Always check to see if a tax advisor is well educated.