avoid exorbitant fees on withdrawals when you travel, calculate your taxes on a large donation to your children, understand the recent increases in social assistance… Here are the 3 unmissable pieces of information from this Monday, April 30.
Cash abroad: watch out for fees!
Like transportation or security, money is often a source of stress when traveling. According to a survey, one in two French people are not comfortable with the prospect of having to pay in a currency other than the euro. And for good reason: we know that we will have to pay additional costs. Fees linked to money withdrawals abroad can quickly add up, especially outside the euro zone. If you are one of the many travelers who prefer to pay for their purchases in cash, MoneyVox gives you four practical tips to limit these expenses.
Giving money to your children, how much is it?
This is a subject that is at the heart of the concerns of many French people, particularly among seniors: passing money during your lifetime to your children, OK, but how much will it cost in taxes? This is precisely the current concern of a MoneyVox reader. She plans to make a large donation of 230,000 euros to her child, but wonders how much she will have to pay to the tax authorities. Here is the verdict after applying all available reductions.
CAF: May benefits on the rise
The government had promised: certain benefits paid by the CAF would be increased in line with inflation. A promise which concerns in particular family allowances, the allowance for adults with disabilities (AAH), the Active Solidarity Income (RSA) and the activity bonus. It will be held: the necessary decree was published this morning. Result: the amounts paid next Monday, May 6, for the month of April, into the recipients’ accounts will be increased by 4.6%. Wondering how much more that is? Here is the answer.