As an accounting firm based in Lyon, we meet every month to offer you the best of the French tax and accounting news.
12/12/2024
– VAT taxpayers carrying out intra-Community transactions: deadline for filling the declaration of trade in goods and the European declaration of services for transactions carried out in November.
16/12/2024
– Employers liable for payroll tax (companies exempt from VAT): payment of tax on salaries paid in November ;
– Payment of installment or final corporate income tax and contribution on rental income tax (2.5% tax on rental income from the previous year);
– Deadline for payment of tax on vacant dwellings, taxe d’habitation (second homes): the deadline is extended to December 21 for electronic payments;
– Simplified VAT regime (CA12): payment of half-yearly installment.
– Payment of Cotisation Foncière des Entreprises (CFE): tax notices can be retrieved from impots.gouv online accounts. Electronic payment is mandatory.
31/12/2024
– Deadline for filing the 1447-C declaration: this concerns the creation of an establishment, or a change of operator in 2024 for the calculation of the CFE ;
– Remember to make a physical inventory of your stock and work in progress.
To know more…
Electricity exports: a new record for France in 2024
In 2024, France has distinguished itself by setting a new record for net electricity exports. Thanks to robust production and stable domestic demand, the exported volume is expected to reach between 85 and 90 TWh by the end of the year, surpassing previous highs. This performance is underpinned by several key factors: a significant rebound in nuclear production following the disruptions of 2022, and high hydropower generation supported by abundant rainfall this year. These exports, primarily directed to neighboring European countries, reinforce France’s position as a major player in low-carbon energy in Europe.
New taxation rules for the Micro-BIC regime for furnished tourist rentals : what changes in 2025
Law No. 2024-1039 of November 19, 2024, aimed at strengthening the regulation of furnished tourist rentals, significantly alters the taxation rules for landlords under the micro-BIC regime. These adjustments, detailed in Article 7 of the law, primarily aim to rebalance the thresholds and deductions applicable to such activities.
New revenue thresholds:
Starting January 1, 2025, the revenue threshold for benefiting from the micro-BIC regime for classified tourist rentals and bed and breakfasts will decrease from €188,700 to €77,700, aligning with other furnished rental activities. However, the threshold of €15,000 for non-classified rentals remains unchanged.
Changes to flat-Rate deductions:
The flat-rate deduction for expenses, historically set at 71% for classified rentals and bed and breakfasts, will be reduced to 50%. The additional 21% deduction, granted under certain conditions for classified rentals in specific zones, will be eliminated. For non-classified rentals, the deduction remains at 30%.
Impacts on 2024 income:
For the taxation of 2024 income, the rules preceding the 2024 Finance Law will still apply. Thus, the thresholds will remain at €188,700 for classified rentals and bed and breakfasts, with a 71% deduction. The thresholds of €77,700 and a 50% deduction will still apply to other furnished rental activities.
These adjustments aim to mitigate imbalances observed in the rental market while clarifying the tax conditions for landlords. However, industry professionals will need to adapt to these new fiscal constraints starting in 2025.
Easily identify public support for your business with Infogreffe
The website mesaidespubliques.infogreffe.fr simplifies access to public support programs for businesses. In just a few steps, discover the assistance tailored to your needs:
- Access the website and enter your SIRET number or details about your project.
- Provide your location and industry, then specify the type of assistance you are seeking (recruitment, innovation, ecological transition, etc.).
- View a personalized list of support programs, complete with eligibility criteria and application procedures.
This free and user-friendly service saves time and provides reliable, regularly updated information.
For additional support in your search for public assistance, feel free to reach out to your designated advisor at the firm.
Christmas party: Excessive alcohol consumption can be dangerous….For the employer !
Year-end company meals and parties are festive occasions but come with responsibilities for employers, particularly regarding safety and prevention.
Key Obligations
- Preventing Risks Related to Alcohol: If alcoholic beverages are served, the employer must ensure that consumption remains moderate (Article R.4228-20 of the French Labor Code). Strong spirits and excessive quantities should be avoided, and non-alcoholic alternatives must be provided.
- Employee Safety: The employer is responsible for ensuring the safety of employees during the event and on their way home. In case of an accident, their civil or criminal liability could be engaged.
Best Practices
- Arrange secure return options, such as taxis or carpooling solutions.
- Assign employees or external staff to monitor overindulgence and intervene if needed.
- Raise awareness among participants about responsible behavior (via reminders or onsite posters).
Organizing a festive gathering while respecting these obligations strengthens camaraderie without compromising safety.
The whole team at Cabinet Roche & Cie wishes you a very happy holiday season!
The Team Roche & Cie
Professionals or individuals, French or international, since 1948, Roche & Cie has been assisting clients from all horizons.
contact@cabinet-roche.com
+33 (0) 4 78 27 43 06
