Doubling of the training tax credit for micro-business owners
Article 19 of the 2022 Finance Act doubles, for micro-enterprises as defined by EU law (fewer than 10 employees and turnover or balance sheet not exceeding €2m), the tax credit for business owners' training expenses (Article 244 quater M of the General Tax Code). The credit, equal to the number of training hours (up to 40 per year) multiplied by the hourly minimum wage, thus rises from about €420 to about €840 per year. The doubling applies to training hours from 1 January 2022 and is subject to EU de minimis aid rules.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
Micro-business owners: the tax credit is doubled, up to about €840 per year. According to the Senate general report, the doubling would cost at least €50m per year. The tax expenditure annex to the 2026 budget bill shows the scheme ending in 2024.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel
Possible referral to Constitutional Council
Décision de conformité / censure partielle
Council of Ministers
Validation interne