Fight against inflation but an end to it whatever the cost: on the household side, this finance bill for 2024 brings more confirmations, revaluations and adaptations than real new developments. What to remember from this 2024 budget for household wallets.
Fuel bonus, version 2
It’s (soon) the big return of the fuel allowance for households who use their car to go to work! Announced by Emmanuel Macron a few days ago, the return of the 100-euro fuel bonus materialized during the publication of the finance bill for 2024. It will be targeted at the lowest 50% of workers, the minister specified. of Economy Bruno Le Maire.
Fuel bonus of 100 euros: 4 practical questions about this new aid
Taxes: revalued scale
Here again, this is not a surprise since the announcement already dates back to September 12: the income tax scale is indexed to inflation – as provided for in the regulations – which leads to an increase in the income tax thresholds. 4.8%. Result: if your income stagnates, you will pay less tax. If they progress, your taxes will not rise too quickly.
| Income bracket by tax share | Rate applicable for the tranche |
|---|---|
| Up to 11294 | 0% |
| From 11295 28797 | 11% |
| From 28798 82341 | 30% |
| From 82342 177106 | 41% |
| More than 177106 | 45% |
Scale provided for in the finance bill for 2024.
Taxes: how much less will you pay in 2024 with an inflation index scale?
Plane zero rate loan, but…
Are we ready to review the PTZ scale? Yes. Are we ready to review zoning? Yes! We are open on the question of the zero rate loan. Immediately after the presentation of the extension of the zero-rate loan outlined, Bruno Le Maire wanted to pave the way for relaxation during the parliamentary debates. The PTZ had been recalibrated too narrowly, he added. We want this PTZ, the scale to be revised so that the system is accessible to a greater number of French people, particularly the middle classes.
Are we ready to review the PTZ scale? Yes. Are we ready to review zoning? Yes!
A relaxation which is not included in the bill at this stage, the text being content with the extension: [Le budget] extended for 4 years, i.e. until December 31, 2027, the interest-free loan system intended to finance the first accession to property (PTZ), we read in the explanatory memorandum. This extension, which makes it possible to maintain support for the first accession to property of households with modest incomes, is accompanied by a refocusing of the system aimed at strengthening its effectiveness and limiting its impact in terms of land artificialization and land use. urban style. Likewise, the extension excludes the installation of a heating system running on fossil fuels from work financeable by the PTZ.
Real estate credit: good news coming for the zero rate loan?
For the subsidized loan mentioned earlier in the press this week, by the same Bruno Le Maire, it will not, however, be for 2024: This requires at least a few months of work, with financial institutions, banks… It there will be no provision for the intermediate loan in the 2024 budget. the intermediate rate loan seems to me to be a very interesting solution.
Real estate rate: what is this 2% subsidized loan wanted by the Minister of the Economy?
New Future Climate Savings Plan: the tax regime
The 2024 budget marks the launch of the new future climate savings plan (PEAC), unveiled a few months ago, a new savings product, exclusively reserved for under 21s. The only expected new feature of the finance bill: it plans to exempt income generated by this plan from income tax and social security contributions.
PER: prohibited for under 18s
This is a surprise provision of this finance bill, nestled around the article creating the tax framework for the future climate savings plan (PEAC): the 2024 budget removes the possibility for minors to open a plan retirement savings plan (PER) in order to limit tax optimization behavior linked to the deductibility of voluntary payments from the income tax base.
Tax exemption: opening a PER for your children is (soon) over!
Tax fraud: expanded powers for the DGFiP
The Minister in charge of Public Accounts, Thomas Cazenave, insisted after leaving the Council of Ministers: We are making this PLF an anti-fraud PLF. He thus included more than ten measures to track internet fraud in the budgetary texts.
Two examples, taken from the presentation of the bill: [une autorisation pour] tax and customs administrations detect tax fraud through the collection and exploitation of certain data from online platforms, the results of which are promising, and to broaden its scope of application, both in terms of data collected so many shortcomings. But also the possibility for public finance agents to carry out active investigations under a pseudonym on websites, social networks and messaging applications.
Electricity prices: towards the end of the tariff shield
The end of the tariff shield is complete. The measure is set to disappear – gradually – from February 2024 to rectify the State’s accounts. Result: regulated electricity prices should rise both in February and then in August.
Electricity: the price shield buried before a return of the exceptional energy check this winter?
And also, remember…
- Classic indexation for pensions and social minimums. Read: Salary, retirement, RSA, activity bonus… All the revaluations of the 2024 budget
- End of Pinel. It’s programmed. The 2024 budget does not deviate from the announcements: Rental real estate: the Pinel system removed, how to benefit from it until the end of 2024
- Airline ticket tax. There will be no tax on plane tickets, as Bruno Le Maire leaves the Council of Ministers. The less tax, the better off we are.
- Highway tax. Read: A new tax on highways and major airports
- Airbnb less interesting fiscally. Earlier this week, in the columns of Parisian, Bruno Le Maire has outlined a reduction in the tax reduction for owners of accommodation renting tourist furniture. The 71% reduction on their annual income should be aligned with the 50% reduction for traditional furniture rental.
- Tax cuts, not in 2024. Last May, Emmanuel Macron promised a tax cut of 2 billion euros for the middle classes by 2027, without specifying how it would come about. These reductions must appear in the 2025 budget, announced Bruno Le Maire, confirming that the impact on the French wallet is not for 2024.