Should a loan of money between individuals be declared for tax purposes? - Borrowing

Verified 01 janvier 2025 - Directorate for Legal and Administrative Information (Prime Minister)

Your situation

  • You borrowed money
  • You have borrowed more than €5,000
Edit

Your reporting formalities depend on the amount of the loan(s).

A return is required if the amount you have borrowed exceeds €5,000.

The reporting formalities depend on the amount of the loan(s):

Borrowing of more than €5,000

If you have borrowed for a total amount that exceeds €5,000 over the year, in one or more loansHowever, you have to file a tax return.

The procedure is free of charge.

You must file the loan agreement declaration at the same time as your tax return.

You have to report all loans granted for the past year, including those that you repaid before the end of the year.

Example :

You received a loan for €3,500 in March 2024 and a loan of €3,000 in July 2024, for a total of €6,500 for 2024.

You must report these loans in spring 2025, with the income tax return of 2024.

If you declare online, you must use the "Supporting Declarations" section.

Taxes: access your Special Space

You must provide the following information:

  • Date and amount of the loan
  • Terms of the loan (duration, interest rate, etc.)
  • Name and address of lender and borrower
  • Name and address of the borrower.

Please note

In addition to submitting the loan agreement, you can register the agreement with the tax department responsible for registration. This gives it an opportunity to certain date. This formality, which is optional, costs €125.

Who can help me?

Find who can answer your questions in your region