SMIC, income tax, housing tax … which changes on January 1, 2022

On billboards or other zapettes, prices continue to rise. INSEE calculates that inflation rose to 2.8% in 2021. Nothing says that prices will soon end up settling. As a result, a few revaluations will give your wallet a little boost, without covering up rising inflation.

To respond to inflation, the minimum growth wage increases by 0.9%. The monthly minimum wage automatically increases to 1,603 euros gross for 35 hours per week, an increase of 14 euros. The employee now receives 1,269 euros net per month, or 38 euros more. The gross hourly rate is found at 10.57 euros. The government has not decided to add an additional boost.

The retirement pensions of the general scheme also benefit from a revaluation of 1.1%. This augmentation “concerns all basic pensions except those for lawyers. It applies to pensions for retirees in the private sector, the civil service, special schemes and the self-employed”. If you are concerned, you will receive this very slight increase on your January 2022 pension, paid in February. Note that you will receive at the same time the premium of 100 euros, if you received a pension of less than 2,000 euros net last October.

The General Directorate of Public Finances takes inflation into account and adjusts the scales according to consumer prices (excluding tobacco). The revaluation of the income tax scale brackets amounts to 1.4%. In other words, on the one hand, if you earn less than € 10,225 you will keep a rate at 0%, while if you earn between 10,225 and 26,070, a rate of 11% applies.

Last step before the disappearance of the housing tax. In 2022, households that have not yet benefited from the abolition of their housing tax can claim an exemption of 65% of this tax on their main residence, regardless of their income. If you are part of the households that will still have to pay a housing tax and you have opted for a monthly payment, you will see the difference on your withdrawals from the month of January.

The compensatory disability allowance (PCH) is financial assistance intended to reimburse expenses related to the loss of autonomy of people with disabilities (transport, home or household help, etc.). Until now, the departments which pay it have allocated it for 3 or 5 years. From now on, to simplify the procedures for people with disabilities, the maximum duration of allocation of the five specific forms of aid is set at 10 years, unless the handicap is not likely to improve, in which case, it remains allocated without time limit.