PPV: exemption from IR between 2024 and 2026 for companies with fewer than 50 employees

PPV: exemption from IR between 2024 and 2026 for companies with fewer than 50 employees

The Value Sharing Bill provides a continued income tax exemption for Value Sharing Bonuses (PPVs) received by employees of companies with fewer than 50 employees between 2024 and 2026. ​PPV: current provisions ¶ The value-sharing bill was subject to agreement on a joint text by the Joint Committee on 15 November. The text will be … Read more

New Company Value Sharing Bonus (PPVE)

New Company Value Sharing Bonus (PPVE)

The value-sharing bill includes a new system for paying employee rewards, the reward for sharing the company’s appreciation. Conditions of acceptance ¶ After the Participant Bonus, Profit Sharing Bonus and Value Sharing Bonus (PPV), there is a brand new PPVE for “Company Valuation Sharing Bonus”. It comes from the Value Sharing Account. We remind you … Read more

Taxes: how to respond to a tax audit?

Taxes: how to respond to a tax audit?

Most often, taxpayers are not informed about the tax audit. 63879911/Bacho Photo – stock.adobe.com OUR ADVICE – A simple request for an explanation or a real questioning of a tax return, we guide you in dealing with the requests of the tax authorities. Getting a letter from the tax authorities is never pleasant. A simple … Read more

Mileage scale not green enough?

Mileage scale not green enough?

The amendment to the Finance Act for 2024 envisages the submission of a report on the reform of the mileage tariff so that it is more environmentally friendly. ​How the mileage scale works ¶ Employees using a personal vehicle for travel between residence and workplace can use the mileage scale if actual expenses can be … Read more

IFI: when generosity lowers your taxes

IFI: when generosity lowers your taxes

OUR ADVICE – Donations made to certain non-profit organizations or charities entitle you to an estate tax deduction. We’ll tell you how to proceed between now and May. Donations made to non-profit or non-profit organizations not only reduce your income tax, but also give you the opportunity to reduce your estate tax (IFI). There is … Read more

Real estate developers are starting to destroy jobs

Real estate developers are starting to destroy jobs

Data on new properties are “catastrophic”Pascal Boulanger, president of the Federation of Real Estate Developers (FPI), warned on Thursday, and some developers are starting to cut jobs, AFP reports. Also read: Energy renovation: In Nantes, an almost fifty-year-old building has low energy consumption He changes jobs “We are losing employees and we are losing know-how”Pascal … Read more

How about reducing your IFI by temporarily transferring property ownership?

How about reducing your IFI by temporarily transferring property ownership?

OUR ADVICE – The technique to transfer income from the estate to a child or association also allows you to reduce taxes. Here’s how to do it. Unlike classic donation, where the donor gives up his property immediately, temporary donation of usufruct enables its transfer for a pre-agreed limited period. The usufructuary has the right … Read more