Other news for June 2023

Taxes on commercial premises

The tax on commercial premises (Tascom) is due, in principle, by any retail store existing on January 1st of the year concerned, whose annual turnover excluding taxes is at least equal to €460,000 and whose sales area exceeds 400 m². For 2023, the tax must be declared and paid to the business tax department of the place where each store is located no later than June 14. Its amount varies according to the turnover excluding VAT per m² achieved in 2022.

Renewal of tax exemptions for teleworking

The allowances paid in 2022 by employers to cover the costs incurred by their employees for their professional activity at home (internet subscription, electricity, ink cartridges, office chair, etc.) are, as last year, exempt from income tax, regardless of their form (flat-rate refunds, real refunds...). However, the exemption is limited to €2.50 per day, €55 per month and €580 for the year.

Rugby World Cup and Olympics

Gifts and vouchers awarded to employees by the Social and Economic Committee (CSE) or, in the absence of such a committee, by the employer are exempt from social contributions within the limit (per year and per beneficiary) of 5% of the monthly Social Security ceiling, i.e., €183 for 2023. To promote a broad participation of the French population in the Rugby World Cup in 2023 and the Olympic and Paralympic Games in Paris in 2024, Urssaf has indicated that exceptional conditions of exemption from social contributions will apply to gifts and vouchers awarded to employees as part of these two events. Thus, gifts (tickets, transport, accommodation, various gifts, etc.) and/or vouchers offered to employees for these two events will escape social security contributions up to a limit of 25% of the monthly Social Security ceiling per beneficiary and per calendar year (in 2023 and 2024). This amount rises to €917 in 2023.

Cancellation of an insurance contract online

Since June 1st, individuals who have taken out an insurance contract online must also be able to cancel it online. In practice, from the online interface (including the website or mobile application) of insurers made available to them, individuals must be able to directly access the functionality allowing them to terminate their contract. This right of online termination applies to both new insurance contracts and contracts in force on June 1st, 2023.