May 1, 2025 marks the start of several important changes for the French. New provisions come into force this Wednesday, covering areas such as health, energy, education and administrative procedures. We take a look at all the changes that could have a significant impact on your savings.
Following the decree of April 4, 2025, the rates for employer contributions have been modified (according to the Service Public website). Among them, the general reduction in employer contributions is now set at 0.3193 for companies with fewer than 50 employees, and 0.3233 for companies with 50 or more employees. In addition, the rate of employers' contributions to unemployment insurance will be lowered, and a flat rate of €0.50 will be added for each hour of overtime worked (companies with 50 to 249 employees only).
All these changes will be effective from May 1, 2025.
The tax return campaign for 2024 is in full swing: it will close on June 5, 2025 for the Ile-de-France departments, but it's better to look ahead!
For tax purposes - and for the first time this year - it will now be essential to declare the money you earn on collaborative platforms, such as Vinted or Leboncoin. Please note: just because you declare this income does not mean that a tax margin will necessarily be applied to it.
The deadline for submitting student grant and housing applications for the start of the 2025 school year is approaching. Applications must be submitted by May 31, 2025. The public service offers a scholarship simulator to help applicants check their eligibility before proceeding with the application. This step is free, but essential for financial planning for the academic year ahead. This information aims to prepare students for a smooth transition to higher education, by providing them with the financial support they need to fulfill their academic ambitions.
In short, take note of the changes and don't be caught off guard. Check out what's changing for you and what you need to do this May 2025.
