NEWS D
PINCH CUSHION
are we refer to good news when it comes to taxes? The government plans to
adjust income tax brackets to cushion the impact of infl ation, in the context of statistics agency INSEE’s estimates of infl ation reaching 5% in 2023. Finance and Economy Minister Bruno Le Maire said in an interview on LCI this summer, that the income tax scale will be adjusted to infl ation by 4.8%. While this increase is smaller than last year’s 5.4%, it is larger than previous adjustments, when infl ation was lower. In practical terms,
the minimum tax threshold will no longer be set at €10,778 of annual income. This bracket will be increased in line with the overall rise in prices excluding tobacco, which average 4.8%. This means that a large number of taxpayers who would otherwise be taxable will be spared this
A DRIVING: NEW ROAD SIGN
s you drive across France you’ll start to see this road sign pop up more often.
It is not technically new, but it is now being deployed to more roads and motorways – and ignoring it can result in a €135 mistake. The white rhomboid shape over a blue background indicates a lane reserved for carpool. It can be a permanent
sign, a marking on the tarmac, or just show up temporarily on the electronic indicators above the dedicated lane during certain hours. While this lane is reserved for covoiturage vehicles carrying at least two people, other categories are also allowed, including public transport, taxis and vehicles with a zero-emission Crit’Air sticker such as electric cars.
NEWS IN BRIEF
DON’T MISS! The ever- popular French Property Exhibition returns to London from 27-28 January 2024. Entry is free (register now at
frenchpropertyexhibition.com) and gives you access to a whole host of property professionals from estate agents to builders, lawyers to fi nancial advisors, and removals companies to relocation specialists. The two-day event also includes seminars highlighting the key aspects of buying, selling and owning French property as well as moving to France.
President Macron's tax reforms have included giving over 3,000 local authorities the power to increase property
according to INSEE, the French National Institute of Economic Studies and Statistics.
The French Property Exhibition is back in London in January!
taxes by up to 60% from next year. The rise applies to the taxe foncière, which no longer applies to main residences but is still payable on second homes. An estimated 86,000 of France’s second homeowners are British, out of some 3.6 million second homes
14 FRENCH PROPERTY NEWS: November/December 2023
The ancient Maison Carrée temple in Nîmes has become the 51st French monument to be listed as a Unesco World Heritage site, and the ninth within the Occitanie region.
The Eiff el Tower has been crowned the world’s most popular metal landmark, according to research from The Metal Store, based on TripAdvisor reviews, monthly search volume fi gures and the number of Instagram hashtags. The Eiff el Tower received over 7.4 million Instagram mentions and a 4.5 TripAdvisor score.
A Breton town has launched a plan to off set second homes with cheaper main homes, The Connexion reports. Plougasnou in Finistère is giving people a chance to get a foot on the property ladder by off ering land below the market value, as long as they promise to live there for 10 years.
In Knight Frank’s global residential forecast, of the 26 cities tracked, Dubai leads the rankings for 2023, although annual growth is expected to be 14%, down from 44% last year. Some 20 of the 26 cities still expect to see fl at or positive price growth in 2023, including Paris, with a forecasted 4% growth in 2023.
year. As for the rest, the pinch will be a little less painful as the ceiling will also be pushed up for subsequent brackets. However, the measure does not concern the exceptional contribution on high incomes which kicks in for single taxpayers with income in excess of €250,000.
BULLYING AT SCHOOL In cases of harassment in the school system, a new decree provides for the option to have the child responsible be moved to another school, instead of disrupting the victim. When the “intentional and repeated behaviour” of a pupil poses a clear risk to the safety or health of another pupil in the school, the team of educators and authorities in the school can take this option, in communication with the parents. The new law can also be applied in cases of cyberbullying, against a pupil at a diff erent school.
©SECURITE ROUTIERE /WIKICOMMONS
© NICK YOUNGSON CC BY-SA 3.0 ALPHA STOCK IMAGES
© VIMBROISI | PIXABAY
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148
