Budget – Finance law for 2023: tax relief and measures for individuals

Credit: Jerome Maurice – stock.adobe.com

The financial law for 2023 was published Official newspaper It provides for a range of tax measures for individuals from 31 December 2022 and sets up systems to help households cope with rising energy costs. Service-Public.fr provides an update on key measures for individuals.

Assistance schemes to cope with rising energy prices

The tariff shield for gas and electricity is extended in 2023. Price increases are limited to 1 to 15%er 15% on gas in January 2023 and also on electricity from 1er February 2023. This cap on price increases applies to all households, condominiums, social housing, small businesses and the smallest municipalities.

€100 fuel allowance will be paid to the 10 million most humble workers who use their vehicle (car or two-wheeler) to go to work. This assistance can be requested from January 16, 2023 on the form posted on taxes.gouv.fr.

Help for the ecological transition

Assistance for the purchase of bicycles is renewed and strengthened in 2023. The environmental bonus of 300 euros for the purchase of a new bicycle from August 2022 has been renewed for 2023. To benefit from the aid, the eligibility threshold has been increased, the reference tax income per share must be below 14,089 euros. up to €13,489 before. To benefit from the bonus of €400, the taxable income per unit must be less than €6,358, compared to the previous €6,300.

MaPrimeRénov’ Serenity system has been enhanced and the MaPrimeRénov scheme is more focused on more efficient repair operations. Renov’ Companion becomes mandatory from 1er In January 2023, benefit from subsidies for works to improve the overall energy performance of housing.

one noa new social leasing scheme : In the second half of 2023, an electric car rental service for low-income households at a cost of 100 euros per month should be launched.

Tax measures for individuals

Low income tax: In 2022, the income tax bracket for income tax is revised by 5.4% to take into account the impact of inflation on household taxation.

Slices for the share of the family share:

  • Up to 10,777 euros (bracket 1): tax rate 0%;
  • From €10,778 to €27,478 (bracket 2): tax rate 11%;
  • From €27,479 to €78,570 (bracket 3): tax rate 30%;
  • From €78,571 to €168,994 (bracket 4): tax rate 41%;
  • Over €168,994 (bracket 5): tax rate 45%.

Adjustment of deduction at source of income tax : the threshold required to claim deduction of withholding tax is reduced to 5% instead of 10%. From the 1st yearer In January 2023, you can ask for a tax rate reduction if your income drops, resulting in a 5% reduction in taxes for the year.

Limit of tax credit for childcare costs Up to 6 years is increased to 3,500 euros (compared to 2,300 euros). Thus, the tax benefit could reach 1,750 euros per child instead of 1,150 euros (50% of the amount spent in 2022).

Additional tax half share is extended to all widows and widowers of veterans. Until now, tax relief was intended for people over 74 years of age.

the first tax credit press subscriptionis deleted For subscriptions removed from 1er January 2023.

Tax credit for electric car charging stations It was extended until December 31, 2025.

to benefit from tax credit for hiring a home-based workerthe nature of the services paid for (child care, cleaning, gardening, etc.) must be indicated in the next income tax return.

Development tax on swimming pools is increasing. The value used to calculate development tax on swimming pools is increased by 25% per 1er January 2023, ranging from 200 euros to 250 euros per square meter.

Permanent abolition of housing tax on primary residences from 1er January 2023, this tax must be paid for second homes.

Tax rates on vacant apartments located in narrow areas will increase, they will increase from 12.5% ​​to 17% for the first year of the vacancy, and from 25% to 34% in subsequent years.

Classic Pinel appliance tax deductions vary : Varies from 12% to 10.5% for a 6-year lease, from 18% to 15% for a 9-year lease and from 21% to 17.5% for a 12-year lease. the Pinel device + accompanied by additional rules to benefit from unchanged tax reductions: the applicable minimum surface area, the mandatory balcony, terrace or garden, the energy and environmental performance criteria applied to the residence.

Other measures for individuals

Maximum face value of meal vouchers From 11.84 to 13 €.

It remains dependent on the personal training account (CPF). The financial law for 2023 defines the principle of participation of the CPF holder in financing the relevant training (training action, acquired experience or skills assessment). The terms of this “remaining payment” shall be determined by decree. Jobseekers and employees benefiting from their employer’s contribution to training funding will be exempt from this contribution.

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