Exceptional purchasing power premium will be extended
Publié le :
16/10/2019
16
octobre
oct.
10
2019
In response to the movement of “yellow vests”, a law of December 24, 2018 allowed companies to pay an exceptional bonus of “purchasing power” , exempt from social contributions, charges, taxes and income tax up to a limit of 1000 € per beneficiary.
As announced by the President of the Republic last April, at the end of the "Great National Debate" held throughout the country, this exceptional bonus scheme will be renewed for the year 2020. However, to encourage the distribution of wealth in companies, the exemption from contributions and taxes will this time be "conditional on the existence or the establishment by the company of a profit-sharing agreement that may exceptionally be concluded for a period of less than three years".
This renewal is included in the Social Security Financing Bill for 2020, which was presented in the Council of Ministers on Wednesday 9 October 2019. The text is debated in Parliament this autumn and should enter into force at the end of the year.
Historique
-
Exceptional purchasing power premium will be extended
Publié le : 16/10/2019 16 octobre oct. 10 2019NewsIn response to the movement of “yellow vests”, a law of December 24, 2018 all...
-
Any employee exposed to a harmful or toxic substance may, under certain conditions, seek compensation from his employer, due to the obligation to ensure the safety of employees
Publié le : 16/10/2019 16 octobre oct. 10 2019NewsUnder French law, the “anxiety damage” helps to indemnify the situation of pe...
-
The firm celebrated its 20th anniversary! Discover the anniversary film and the firm’s new identity!
Publié le : 24/09/2019 24 septembre sept. 09 2019NewsFlichy Grangé Avocats celebrated its 20th anniversary on September 19th. It...
-
Looking forward | Bill for workers on digital platforms
Publié le : 29/07/2019 29 juillet juil. 07 2019NewsA look at what’s to come in labor and business law A bill currently under...
-
Recent case law | Challenges to the Mandatory Indemnity Scale for Unfair Dismissals
Publié le : 29/07/2019 29 juillet juil. 07 2019NewsOne of the Macron ordinances of September 2017 set up a compensation scheme i...
-
New Legislation | In brief: The government announces its plans for the second half of its term
Publié le : 29/07/2019 29 juillet juil. 07 2019NewsDoing business in France requires keeping up to speed with the quickly evolvi...