In focus: Macron’s response to the Yellow Vests

Published on : 09/01/2019 09 janvier Janv. 2019
After a great deal of public debate and calls for reform, French president Emmanuel Macron announced on December 10 a package of measures in favor of purchasing power. The Government drafted a law to ensure its implementation.

The law itself was voted on December 24 and quickly entered into force.
 
Below are some of the key points of the law.
Exceptional “purchasing power” bonus
This optional bonus, paid by the employer, is totally tax free (taxes, Social Security, CSG-CRDS), up to 1,000 euros, for employees who earn less than three times the legal minimum wage and who meet certain conditions. See our special news flash commentary here.
Overtime 
Overtime hours will now benefit from a tax exemption, in addition to a withdrawal of contributions.
Exceptional revaluation of the “prime d’activité” (a bonus given to low income individuals)
This is another measure to increase purchasing power. Individuals at minimum wage will receive an increase of roughly 90 EUR, says the government.
 
The law also provides for a revision of the CSG (a specific contribution) for roughly 70% of French pensioners. 
 
Specifically, for the people concerned, the CSG goes from 8.3% to 6.6% in 2019.

History

<< < 1 > >>
IMPORTANT COOKIES INFORMATION
We use technical cookies to ensure the proper functioning of the site, we also use cookies subject to your consent to collect statistics visit.
Click below on & laquo; ACCEPT & raquo; to accept the deposit of all cookies or on & laquo; CONFIGURE & raquo; to choose which cookies require your consent will be registered (statistical cookies), before continuing your visit to the site. Show more
 
ACCEPT CONFIGURE REFUSE
Cookie management

Cookies are text files stored by your browser and used for statistical purposes or for the operation of certain identification modules for example.
These files are not dangerous for your device and are not used to collect personal data.
This site uses cookies of identification, authentication or load-balancing not requiring prior consent, and audience measurement cookies requiring your prior consent in application of the texts governing the protection of personal data.
You can configure the setting up of these cookies by using the settings below.
We inform you that if you refuse these cookies certain functionalities of the site can become unavailable.
Google Analytics is a tool for measuring audience.
The cookies deposited by this service are used to collect statistics of anonymous visits in order to measure, for example, the number of visitors and page views.
This data are used to follow the popularity of the site, to detect possible navigation problems, to improve its ergonomics and the user experience.