Other news for February 2024

Disabled workers

To encourage the employment of disabled people, the recent full employment law now allows a company to hire temporary workers outside the usual cases of recourse for temporary workers (replacement of an absent employee, temporary increase in the company’s activity, etc.) when the latter are beneficiaries of the obligation to employ disabled workers.

Taxation of tips

To support the hotel and catering sector, which has been severely affected by the Covid-19 health crisis, the Finance Act for 2022 introduced an exemption from income tax, social security contributions and contributions on tips paid to employees. 2022 and 2023 were concerned. This measure has been renewed for 2024. It applies to all business sectors in which tips may be voluntarily paid to employees (hotels, restaurants, hairdressing, beauty salons, tourism, ….). It does not apply to sums automatically included in the bill presented to the customer (percentage-service).

Combating fraud

The provision by third parties of certain means, services, acts or instruments (such as opening accounts abroad) enabling taxpayers, whether individuals or companies, to fraudulently evade their tax obligations is now a criminal offence. This measure applies to offences committed on or after January 1st, 2024. In criminal terms, it is an offence punishable, in principle, by 3 years’ imprisonment and a fine of €250,000 for an individual. The fine is multiplied by 5 when a legal entity is involved.

Sustainability report

Transposing the European directive known as the CSRD (Corporate Sustainability Reporting Directive) into French law, an ordinance has strengthened the transparency obligations of large companies and listed companies by requiring them to publish non-financial information on environmental, social and governance issues. This information will then have to be certified by a statutory auditor. This obligation will be imposed progressively, depending on the size of the company.