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As the new year approaches, many take the opportunity to set new goals. To establish them, it is important to take into account the changes that will impact the family budget in 2024. Doctissimo presents them to you.
Each start of the year is a time for change. On January 1, 2024, a large number of modifications concerning the French budget are planned. Here’s a recap of everything you need to know.
The SMIC revalued
To begin with, like every year, there will be an automatic increase in the minimum wage on January 1st. In 2024, it will increase by 1.13%, which corresponds to just under €20 per month. How much is that in total? The minimum wage will amount to €1,377 net.
Increases for healthcare workers
Public health care workers will also receive increases. In fact, from January 1, 2024 their night, Sunday and public holiday packages will increase. Thus, they will receive 25% more working at night than during daytime hours; and 20% more on Sundays and public holidays, the package in question increasing from 50 to 60 euros.
Revalorized retirement pensions
At the start of 2024, retirement pensions will also follow the trend and be revalued. In line with inflation, this increase is estimated at 5.3%. Furthermore, the solidarity allowance for the elderly (ASPA) should follow the movement and experience an increase, going from 961.08 to 1011.06 euros gross monthly.
School scholarships paid automatically
Concerning scholarships, from January 1, 2024, parents will no longer need to carry out administrative procedures to receive school scholarships for their children in middle or high school. In fact, they will be paid automatically to the people concerned. How ? Thanks to all the information collected by educational establishments during registration.
Modification of complementary solidarity health insurance
In 2024, access to complementary solidarity health insurance (CSS) will be simplified, as provided for in the Social Security finance law. This simplification will be implemented gradually and will concern those who receive the disabled adult allowance (AAH), the supplementary disability allowance (ASI), the specific solidarity allowance (ASS) and the youth engagement contract allowance. (THIS F).
Revaluation of the housing savings plan rate
From the beginning of January, the interest rate on the housing savings plan (PEL) will increase from 2 to 2.25%. However, the interest rate on this savings account is fixed for its duration, based on the rate in effect when it was opened. In other words, only PELs opened from January 1, 2024 will benefit from the rate of 2.25%.
The fuel check is evolving
“Following the announcements of the President of the Republic on September 24, 2023, a worker fuel allowance could be paid in 2024 if the price of fuel were to exceed an “alert threshold”. It would represent compensation of €100 per vehicle, i.e. aid of around 20 cents per liter for six months for an average motorist. It would concern 60% of workers who must use their vehicle.
The practical arrangements will be specified later in this article, once the text has been promulgated,” we can read on the government website.
Driving license at 17
There are changes on the roads too! From January 1, the legal age for taking a driving license will no longer be set at 18 but at 17.
Small speeding violations: no more point deductions
Second change on the roads: small speeding violations will no longer be penalized by a deduction of points on the license. What exactly is a little speeding? They concern overtaking below 5 km/h. The latter will therefore only be punished by a fine ranging from 68 to 135 euros depending on the area of the offense.
Renting a leasing car
Finally, regarding cars, it will now be possible for the most modest households to lease an electric car for only 100 euros per month. To find out more, visit the website mon-leasing-electrique.gouv.fr.
Use of restaurant tickets for shopping
If the possibility of using restaurant vouchers for all food products was to end in 2023, this has been extended by one year. Thus, you will be able to continue to buy non-consumable food products immediately (meat, fish, flour, rice, pasta, etc.) during your shopping, with your restaurant vouchers. On the other hand, this remains impossible for alcohol and non-food products.
Increase in stamp price
In 2024, the price of stamps will increase. Here are the details:
- 20 g letter: from 1.16 euros to 1.29 euros
- 100 g letter: from 2.32 to 2.58 euros
- 250 g letter: from 4 euros to 4.30 euros
- 500 g letter: from 6 to 6.30 euros
- 1 kg letter: from 7.25 to 7.70 euros
- 2 kg letter: from 8.85 to 9.29 euros
For followed letters:
- Letter followed by 20 g: from 1.66 to 1.79 euros
- Letter followed by 100 g: from 2.82 to 3.08 euros
- Letter followed by 250 g: from 4.50 to 4.80 euros
- Letter followed by 500 g: 6.50 to 6.80 euros
- Letter followed by 1 kg: from 7.75 to 8.20 euros
- Letter followed by 2 kg: from 9.35 to 9.79 euros
Increase in the price of cigarettes
From the beginning of January, the price of packs of cigarettes will also increase by 40 to 50 cents.
Change regarding waste sorting
From January 1, 2024, all communities will have to offer a solution for sorting biowaste. The latter concern all food items (leftovers, peelings, expired products, etc.) or plants (branches, leaves, grass, etc.). To do this, they will have to install collection points near residents and/or a large separate waste collection facility.
The objectives of this approach are to reduce the amount of trash and produce compost or biogas. However, these objectives seem ambitious since the authorities confide that only 40% of French people should have access to a solution of this type in 2024.
Extension of the repair bonus
Provided for by the anti-waste law for a circular economy (AGEC), the repair bonus aims to encourage the French to have their broken products repaired, instead of replacing them by purchasing new products.
This financing system will double for the following everyday appliances: washing machine, dishwasher, dryer, vacuum cleaner and television. It will be increased by 5 euros for around twenty other products. 24 other pieces of equipment have also been added to the list and will therefore be affected.
The extended zero-rate loan
The zero-rate loan (PTZ), which was to disappear in 2023, was finally extended until 2027. However, this will not be available to build a detached house. Only certain people will be able to benefit from it.
Indeed, it concerns: those whose income does not exceed the ceilings set by the Ministry of the Economy; those who wish to buy a new apartment in a tense area; or an old home in a relaxed area, provided that energy renovation work is carried out.