Faced with the sharp rise in inflation, measures will be submitted to Parliament after the legislative elections to strengthen the protection of the purchasing power of the French. In this article, the editorial staff of Objeko will tell you about three measures that could allow everyone to breathe a little. Are you ready to know everything? Well, let’s go.
Abolition of the audiovisual license fee
Will personal taxes drop during Macron’s second five-year term? Highly possible. At least, the government seems to be working on three measures that go in the direction of relief. The first is the abolition of the audiovisual license fee. As a reminder, any household or business with n television set at 1er January of the tax year must pay the contribution to public broadcasting, or TV license fee. This would therefore represent a saving of €138 per year in mainland France or €88 in overseas territories.
On May 11, during the Council of Ministers, the Minister for the Economy, Finance and Recovery and the Minister Delegate in charge of Public Accounts presented a communication to this effect. They explained:The contribution to public broadcasting will be permanently abolished this year and the financing of public broadcasting will be ensured in compliance with the constitutional objective of pluralism and independence of the media”. The formalization of this measure will be presented after the 2022 legislative elections. So soon.
Continuation of the reduction in the housing tax
Since 2018, the housing tax has been gradually decreasing for all French people. In 2021, the reform benefits all taxpayers. While most people no longer have to pay it, there are still some who still have to. And if you are one of the 20% of taxpayers who still pay housing tax, don’t panic. It won’t be for long.
In 2022, households that have not yet benefited from the abolition of their housing tax can claim a 65% exemption from this tax on their main residence, regardless of their income. This reduction will appear automatically on the tax notices which will be sent by the tax authorities during October. It should be noted that second homes and vacant homes are not affected by this measure.
Indexation of the income tax scale to inflation
On BFMTV, the Minister of the Economy declared that the 2022 income tax scale would be increased by the level of inflation. In order to avoid a tax increase in the event of a salary increase of the same level. Bruno Le Maire was clear in his remarks by saying that there was no question of French people paying more taxes because of inflation: “I want to remove this concern. It’s not about the French paying more taxes because of inflation. It is out of the question that employees, like the French, pay more income tax because of inflation“. That is what is said.