Everything you need to know about the Value Sharing Bonus, also known as the Macron Bonus.
The government provides many aids for employees every year. With skyrocketing inflation in France, more sustainable solutions had to be found. The value-sharing bonus, or Macron bonus, constitutes a system that allows the employer to pay a bonus to all its employees. For the moment, the amount of this bonus is capped at 3,000 euros. Or 6,000 euros for employers who have signed a profit-sharing or profit-sharing agreement. Note that this payment is part of the aid that is exempt from taxes or social contributions. But this, only until December 31, 2023. After this period, and therefore from January 1, 2024, the Macron bonus will be subject to tax on income. Employees whose salary is less than three times the Smic are eligible. We'll explaine everything here !
The value-sharing bonus has seen many changes since its conception. It must be said that she has already changed her name, twice. Indeed, it was formerly called the exceptional purchasing power bonus (PEPA) then the Macron bonus. As for the purpose of this bonus, it allows employers to pay a bonus to their employees. In addition, this aid makes it possible to benefit from advantageous conditions at the heart of the company. Many employers can benefit from it and pay it to their employees . We then find employers under private law, including self-employed workers (craftsmen, traders, farmers, liberal professions). But also mutuals, associations or foundations. Do not forget the public establishments of an industrial and commercial nature (EPIC). Or finally, public administrative establishments (EPA) when they employ staff under private law.
As you can see, many employers have the option of paying this Macron bonus to their employees. However, it should be kept in mind that the conditions change from the end of 2023. Indeed, with regard to payments between July 1, 2022 and December 31, 2023, the payment is exempt from all employer and employee social contributions and contributions, including the CSG and the CRDS. In addition, the premium is exempt from income tax. Nevertheless, this changes as of January 1, 2024 . Indeed, from this date, if the employee's remuneration amounts to three times the minimum wage or more, then contributions come into play. In this case, the Macron bonus is subject to social security contributions and income tax.
Since the summer of 2022, the value-sharing bonus, known as the Macron bonus, has been able to benefit more than 700,000 employees . « What I see is that it works, so we always have an interest in sustaining what works “, underlined the Minister of the Economy, Bruno Le Maire, on the set of the program Telematin November 10, 2022. However, the majority of payments are well below the current cap. On average, employees benefit from 710 euros. And this, while the ceiling is 3,000 euros. Since the announcement of the tripling of the ceiling, nearly 730,000 French employees have been able to benefit from it. Which all the same highlights the significant aspect of the Macron bonus. Despite everything, the average payment amount has increased since 2021, when it was 506 euros.
As you probably know, during the summer of 2022, the government made an announcement tripling the Macron bonus ceiling. Thus, the amount exempt from contributions which was capped at 1,000 euros has increased to 3,000 euros. And this, thanks to a decision adopted by the deputies of the National Assembly , more specifically within the framework of the purchasing power bill. For employers and businesses who have signed a profit-sharing agreement in 2021, whose number of employees does not exceed 50 or even for second-line workers, the amount of the Macron bonus differs. In effect, in this case, it can go up to 6,000 euros.
In France, the Macron bonus is paid between July 1, 2022 and December 31, 2023. And these deadlines are set by law. Gold, the payment can still be the subject of an advance . Regarding the beneficiaries, as you know, many French people can benefit from it. And this, whether they are civil servants, employees, or industrialists. The payment is made directly from the company to the employee in question.
Until December 31, 2023, this Macron bonus is exempt from taxes and social security contributions. Gold, after this date, there will be social contributions but also income tax. As far as employers are concerned, it should be remembered that the value sharing bonus (VSP) is paid on a voluntary basis. And so he is under no obligation to pay it. However, he must, if he decides to pay it, to respect the limits in force. The premium can be paid in one or more instalments. While taking into account a maximum of one payment per quarter.
Source : The Internet usersource: foozine.com