The following deductions are available in the 2024 Income Tax return to reduce your taxable income:

• mortgage interest of your first residence (owner-occupied home)
• life annuity premiums (if deposited before 1st July 2024)
• non-reimbursed health care expenses (including medical assistance, prescribed medication and travel expenses for hospital visits)
• financial obligations to ex-spouse i.e. in the form of alimony
• gifts or donations to recognized charities (refer to the ANBI list)
• travel expenses for regular commuting by public transport
• weekend expenses for taking care of disabled relatives
• Please note that for some of the tax deductions a threshold or other conditions may apply. The expenses may therefore not be fully deductible. If you incurred expenses that may qualify, please do not hesitate to contact us.