The beautiful month of May may well start with a holiday. This does not relieve him of the usual changes at the beginning of the month.
May is also traditionally characterized by an increase in social benefits. It is also, among other things, a month to think about your tax return …
New adjustment of the minimum wage
The minimum wage will increase by about € 34 net per month due to rising inflation. The consumer price index for the poorest households (excluding tobacco) increased by 2.65% between November 2021 and March 2022, according to data published on April 15, 2022 by INSEE.
According to the law, the level of the minimum wage will increase by 2.65% on the 1steee May 2022. It will therefore amount to € 1,645.58 gross monthly, ie € 1,302.64 net. Decree published in Official newspaper The amounts are set on April 20, 2022.
Read also: The minimum wage will increase on the 1steee May: which gross salary and which net salary?
After the previous adjustment to 1eee In January 2022 – and due to inflation – the minimum wage will therefore have increased by 5.9% and will have earned 72 euros net in one year.
Social benefits have also been upgraded
Still linked to inflation, the allowances paid by the Family Allowance Fund will increase, but only by 1.8%. This small increase will apply to family allowances, basic child allowance, childcare supplement, PreParE for parental leave, RSA, activity allowance, and the next school allowance, which will be paid in August .
Please note that ARS, the return to school allowance, although paid in August, will benefit from this 1eee May of an update. It will now be 376.98 euros for children 6 to 10 years old, 397.78 euros for 11 to 14 years old and 411.56 euros for teenagers 15 to 18 years old.
And the booklet A?
It was on the air, but no official confirmation has been made yet. After increasing to 1% to 1eee February 2022, the Livret A rate could rise again to 1eee May due to record inflation, which reached 4.5% in one year.
The Governor of the Banque de France could recommend a further rate hike for the Livret A booklet, currently used by 54.9 million French people. The decision was expected on April 15. But nothing has been announced yet.
Reduction of tobacco prices
Yes, it can happen. Some packs of cigarettes will see their price drop from 1eee May according to a document from the French Customs. The pack of 20 red Lucky Strike Original cigarettes loses 20 cents, from € 10.20 to € 10, but it is the 10 minute reductions that are the most: long Lucky Strike (red, blue and gold), Peter Stuyvesant (silver, blue and red), Rothmans (blue, Red Select and London), Vogue L’Originale (white, blue, pastel), red Winfield, etc.
Vice versa, several Winston models get 10 cents. The average price of a pack of 20 cigarettes is still around € 10.
Consider your tax return
There is still some time but the month of May is also the deadline for submitting your tax return. You have until May 19 to submit your application if you fill it out on the form, regardless of where you live.
For electronic declarations, taxpayers staying in sections from 01 to 19 have a deadline of 24 May, for sections 20 to 54 until 31 May, for sections 55 to 976 until 8 June.
Read also: Tax return. Ask your questions to experts
Deadlines for students
Whether they are in their final year, are already at university or are continuing their studies, prospective students for the year 2022/2023 have until May 15 to complete the student social dossier (DSE). It is necessary to apply for the scholarship for social criteria (BCS) and accommodation in a university residence.
Finally, it should be noted that the written tests for the specialties of the General and Technological Baccalaureate, which were originally scheduled for March, will take place from 11 to 13 May 2022.