Income tax 'décote' raised from €439 to €480
The 2013 Finance Act raised the 'décote', a mechanism that reduces tax for lightly taxed households, from €439 to €480 (an increase of about 9%). The same article raised by 2% the allowances and income thresholds giving access to exemptions and reliefs from housing tax and property tax, at a time when the income tax scale was frozen for 2012 income.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
According to the National Assembly general report, 7,386,120 households benefit from the higher décote, with an average gain of about €40; according to the Senate report, 306,100 households become non-taxable. The décote was later amended by the 2014 Finance Act.
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
Possible referral to Constitutional Council
Décision de conformité / censure partielle
President of the Republic signature
Publication au Journal officiel
National Assembly has the final say
Si échec CMP
Joint committee
Désaccord éventuel
Debate and vote
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)
Council of Ministers
Validation interne