Bad news for the LEP rate, levy from the DGFiP… The 3 money news of the day

Probable drop in the LEP rate, collection of property tax, which changes for restaurant vouchers… Here are the three money news items for this Wednesday, November 15.

1- The LEP rate 4.4% in February?

INSEE published this Wednesday the inflation figures for the month of October. The price increase amounts to 4%, compared to 4.9% in September and August. Good news for the purchasing power of the French but which risks impacting the rate of the Popular Savings Booklet (LEP) next February. If INSEE’s forecasts prove correct, the LEP technical rate should reach 4.4% on February 1 2024. Find out why here.

With a Livret A blocked at 3%, is the LEP rate guaranteed above 3.5% until 2025?

2- New land tax levy

The land tax has increased in almost 99% of French municipalities in 2023. The 7 million households who have chosen the monthly payment of the land tax will see a deduction from the General Directorate of Public Finances (DGFIP) appear on their bank account this Wednesday, November 15 . This is the eleventh levy of the year. In fact, the monthly payment from January to October was calculated on your 2022 tax. With the increase in property tax this year, the DGFiP must take the surplus from you. How is this 11th levy calculated?

Taxes, land tax… These 5 tax-related opportunities for the end of 2023

3- What you can pay with your restaurant vouchers in 2024

Since August 2022, the use of restaurant vouchers is tight for all food products, directly consumable without cooking or preparation or not. This is the case for flour, pasta, rice, eggs, fish, meat… This exemption was to end on December 31. The Minister for Commerce Olivia Grégoire announced that it will remain possible to use restaurant vouchers to pay for all food shopping. The exemption will remain in effect at least throughout 2024.

Restaurant voucher: what can you really still pay with? (and 10 other questions)

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