JANUARY 1ST. What does this new year 2022 have in store for you? Revaluation of the minimum wage, increase in the price of stamps, new criteria for a mortgage … Discover the novelties that await you in France as of January 1, 2022.
[Mis à jour le 30 décembre 2021 à 12h56] The new year is approaching and the changes that come with it. If January 1 is often synonymous with celebration between families and loved ones, many fear the various novelties and the few changes that occur. With in particular new conditions for access to mortgage loans, but also an increase in the stamp price or an increase in the minimum wage. For a further revaluation of retirement pensions, there are many novelties for this January 1, 2022. The Internet user takes stock of what awaits you.
What evolution for the minimum wage on January 1?
The new increase in the minimum wage on January 1 will be 0.9%, bringing the amount of minimum wage at 1,603 euros gross on the basis of 35 hours. In November, consumer prices rose 2.8%, INSEE reported on Wednesday. As a reminder, the minimum wage benefits each year from a mechanical increase, evaluated according to the inflation observed for the 20% of households with the lowest incomes and half of the gain in purchasing power of the basic hourly wage of workers and employees. (SHBOE).
What changes for the deposit on January 1?
It is an ordinance of September 15, and the entry into force of which is scheduled for 1er January, which will shake up the deposit system. As a reminder, the lessor is entitled to require that a relative, or even several, stand surety in the event of default by the tenant. Objective, to avoid unpaid rents. As the daily explains The echoes, the ordinance redefines the suretyship: “It is the contract by which a surety binds itself towards the creditor to pay the debt of the debtor in the event of default of this one”. Are included rents, charges and restoration work. Another change: the deed can be signed electronically. As a reminder, there are several alternatives to the deposit, such as the Visale guarantee, which has recently been extended.
What about mortgage?
Are you planning to carry out a real estate project next year? Expect to encounter some difficulties, as conditions for access to credit will tighten. Here is what was recorded:
- The maximum debt ratio will be limited to 35%, including borrower insurance, compared to 33% previously
- The loan term will be limited to 25 years, with two years of maximum grace period
To justify this decision, the High Council for Financial Stability says it is worried about the high indebtedness of households, in the context of the crisis.
What about the retreats on January 1st?
From 1er January 2022, the retirement pensions of the general scheme will be revalued by 1.1%, below inflation. Last year, the revaluation was only 0.4%. If you are concerned, you will receive this very slight increase on your January 2022 pension, paid in February. Note: it is also at this time that you will receive the premium of 100 euros, if you received a pension of less than 2,000 euros net last October. This decision comes as the retreats complementary to Agirc-Arrco – for retirees from the private sector – were increased by 1% to 1er last november.
What rates for the motorways on January 1?
The prices of the main motorway networks should increase by 2% on average on February 1, 2022. The Autoroutes du Sud de la France network should increase its prices by 2.19%. The APRR (Autoroutes Paris-Rhin-Rhône), for its part, should increase its prices by 2.05%. The bill may therefore be higher.
Will the price of the stamp increase on January 1?
Lovers of letter-writing conversations, expect the bill to be even steeper next year. Postal rates have, in fact, been raised once again. Here is what awaits you at 1er January 2022:
- Red stamp (priority letter): 1.43 euro
- Green stamp: 1.16 euro
- Letter followed: 1.66 euro
- Ecopli: 1.14 euro
- Registered letter: 4.55 euros
What will become of the income tax schedule on January 1?
The scale ofincome tax will be revalued by 1.4% in 2022, due to the rise in consumer prices. This new scale will concern income received in 2021 and that you will mention in your income tax return in spring 2022. Here is the full scale of income tax that will apply in 2022, according to the finance bill, presented in mid-September:
- Taxable income below 10,225 euros: 0%
- Between 10,225 euros and 26,070 euros of taxable income: 11%
- Between 26,070 euros and 74,545 euros of taxable income: 30%
- Between 74,545 euros and 160,336 euros of taxable income: 41%
- Taxable income over 160,336 euros: 45%
What change on January 1 for the housing tax?
After a first reduction of 30%, wealthy taxpayers, still subject to the housing tax on their main residence, will benefit from a reduction in their local tax of 65% in 2022. The definitive disappearance of the housing tax is scheduled for 2023. Please note, you will remain liable for this tax beyond 2023 if you own a second home. Consult our dedicated file to find out more:
What evolution for the property tax on January 1?
Homeowners, expect the bill to be much higher next year. According to INSEE assessments, the local tax is expected to increase by 3.4% in 2022, the “biggest increase since the start of the century”, according to Capital.fr. Find all the changes for the year 2022 in our dedicated file:
What about the home employment tax credit?
No longer having to wait to receive a first deposit in mid-January, then the rest in the summer? the tax credit for a home-based employee’s job will become contemporary, in other words, taxpayers will measure the benefit every month. The Urssafs recently unveiled the implementation schedule. After an experiment in Paris and in the North, the service was extended to all taxpayers of these two departments using the Cesu service. All you need to do is log into your Cesu account to activate the option. You must have subscribed to Cesu + upstream. From January 2022, the measure will be extended to the entire territory “for all direct employers”, we told Capital.fr. In April 2022, it will be the turn of households using a service provider.
And donations to associations?
This is a measure that should encourage you to be particularly generous, starting at the start of next year. The raising of the ceiling of the tax advantage to 750 euros for donations to associations helping people in difficulty has been extended, until December 31, 2023! The so-called Coluche tax reduction allows you to benefit from a tax advantage of 75% up to a limit of 552 euros. During the crisis, the ceiling had been raised to 1,000 euros. This same limit is retained for two more years. The maximum tax reduction therefore amounts to 750 euros.
What rate for the livret A on January 1?
Due to the trend in inflation, the rate of regulated savings accounts could well be revised upwards. As a reminder, the rate of A booklet has been blocked at 0.5% since 1er February 2020. As recently recalled by the Capital.fr site, the passbook rate must be equal to “the arithmetic mean between the half-yearly average of short-term rates in euros (€ STR) and inflation in France measured by the average half-yearly of the variation over the last twelve known months of the monthly INSEE consumer price index, excluding tobacco “. The rate for the livret A and the LDD could thus be set between 0.6% and 0.8%. Patience however, it will surely be necessary to wait until the beginning of 2022 for the government to take a decision, or not, in this direction. Would you like to know more about the alternatives to the livret A? Consult our file without delay:
What change for the Culture Pass on January 1?
From 1er January 2022, the Culture Pass will be extended to young people aged 15 to 17. It provides access to a credit of 20 euros for those aged 15 and 30 euros for young people aged 16 and 17. To activate your Pass, go to the dedicated application, and complete the registration form. You can pay for various offers: cinema tickets, exhibitions, streaming services, etc.
Payment of the premium of 100 euros, the energy check of 100 euros and the Christmas bonus … Some French people have benefited from serious help in the context of inflation. For several months, the household budget has been undermined by rising prices, due to the economic recovery following the coronavirus health crisis. In this context, it is legitimate to ask yourself how to end the year, without ending up in the red. Consult our file to find out more: