Her government of France announced a new package meters amounting to 25 billion euros, which aims to deal with the growing inflationas a result of which increases in pensions are expected, but also discounts in fuel prices.
According to the Athens News Agency, the French government proposals to stimulate the purchasing power of households are as follows:
With regard to the issue of energy, the government deems it appropriate to extends the 18-cent discount on fuel introduced on April 1 until at least the end of August. In yesterday’s parliamentary debate, the government cleared the way for a further extension until the end of the year and the creation of a new ’employee fuel allowance’, which will target salaried and shift workers who use their car to get to work their.
Finally, the ceiling for the tax-free individual commuting allowance that employers can pay to employees will increase from €200 to €400 for 2022 and 2023 and will be cumulative with the mandatory payment of 50% of public transport tickets.
As far as they are concerned old age and disability pensions will increase by 4% from July 1. This increase, along with an increase of just over 1% in January, is close to the level of inflation, which reached 5.8% in June.
In terms of salary increases, 5.7 million civil servants received a general increase, effective from July 1, of 3.5% in the price of the index used as a basis for their earnings.
In addition, 9 million households will be paid a 100 euro food voucher, plus 50 euro for each dependent child. In 2020, during the health crisis caused by Covid-19, a similar premium of 150 euros per adult and 100 euros per child applied to around 4 million households.
A maximum is also established extraordinary tax-free purchasing power “bonus” limit. Companies will be able to pay up to €3,000 to their employees, and even up to €6,000 for those who have set up a profit-sharing or participation scheme.
For freelancers, a reduction in contributions is foreseen which will allow them to save approximately 550 euros per year.
On the roof end, the benchmark rent index will rise by 3.5% in July and then remain at that level for a year.
Source: News Beast
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