Other news for November 2020

Partial activity

To help employers overcome the economic crisis linked to the Covid-19 pandemic, the government has, as of last March, strengthened the existing partial activity system. This measure will, given the evolution of the epidemic and the need for a new containment period, apply until 31 December 2020.

Deferral of social security contributions

In order to preserve the cash flow of companies and non-employees in the context of this second stay-at-home order of the population, the URSSAF (Unions for the Recovery of Social Security and Family Allowances) introduced a general deferral of social contributions normally due in November.

Tax credit

As of October 1, 2020, small and medium-sized enterprises (SMEs) can benefit from an exceptional tax credit for the energy renovation expenses they incur for their premises. These include small and medium-sized enterprises (SMEs), regardless of the sectors of their activity, subject to income tax or corporation tax, whether they own or rent their premises.

Business property tax

The Ministry of Economy and Finance announced on October 12 the possibility of postponing the payment of the 2020 property tax for companies experiencing difficulties related to the health crisis. This 3-month extension applies to companies that own commercial or industrial premises. It can be obtained on a simple request by filing a form with the Public Finance Centre whose contact information is indicated on the property tax notice.