Tax refunds, falling real estate prices… Today’s 3 tips for your money

A bank transfer from the tax office of millions of taxpayers for the reimbursement of income tax, real estate prices falling in several large cities… Here are the 3 unmissable news for this Tuesday, August 1st…

Income tax refund

During the last tax return, the General Directorate of Public Finances (DGFiP) may have informed you of an upcoming refund. This is particularly the case if the amount of your deduction at source was higher last year than the final amount of your tax.

By the summer of 2022, 13.7million households had thus received a bank transfer of 840 euros on average from the tax authorities. This summer gift is carried out in two phases this year. The first took place on July 24. And the second takes place on Wednesday August 2. To find out more, read here.

Taxes 2023: when will the tax authorities take what you have left to pay?

Buyers are taking over

Is the situation changing in the real estate market? While real estate loan rates continue to climb, stone prices are slowing down. According to the Best Agents – Les Echos indices, the average price per square meter in France increased by 0.1% over one month. As of August 1, it is 3176 euros per m2 for a house or an apartment. An average price that hides deep disparities.

If in some cities, such as Nice and Toulon, prices continue to soar by more than 6% over the last 12 months, they have fallen very sharply in several major cities, such as Lyon or Bordeaux. Here is the list of major cities where prices have fallen the most.

These cities where real estate prices are finally falling and those where prices are still rising

First payments of the back-to-school allowance

The back-to-school allowance (ARS), which helps low-income parents pay for schoolbags and other supplies, has been increased by 5.6% this year. About three million families, or five million children aged 6 to 18, are affected by this means-tested aid paid by CAF.

She is rising this year 398.09 euros for children from 6 to 10 years old, 420.05 euros for children from 11 to 14 years old, and 434.61 euros for teenagers from 15 to 18 years old. The first payments were made to bank accounts on Tuesday. Are you concerned?

QUIZ. Do you know the amount of these social benefits to which you may be entitled?

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