PPV 2023. The Macron bonus remains tax exempt if you earn less than 3x the Smic, and within the limit of 3,000 euros per year. However, you must mention it on your tax return. Explanations.
[Mis à jour le 13 avril 2023 à 10h16] The value-sharing bonus (PPV) is exempt from income tax, employee contributions and social security contributions, including CSG and CRDS, up to a limit of 3,000 euros per year and per beneficiary for employees whose salary is less than 3 times the Smic, until December 31, 2023. The bonus is also exempt from tax, under the same conditions, up to a limit of 6,000 euros if your employer sets up a profit-sharing or participation. From 2024, it will be subject to income tax.
Regarding the tax return, be careful. Tax-exempt doesn’t mean you don’t have to declare it! Indeed, it is mandatory to mention it when completing your tax return. As the pre-filling of the PPV is not yet possible this year, an adjustment of the format of the tax return has been made to allow users to declare it: “Premium for sharing the exempted value: CASE 1AD”. The amounts to be reported on the tax return appear on the payslips for the months concerned, and possibly the annual tax certificate from the employer. If in doubt, contact your employer.
As a reminder, the payment of this remaining value sharing bonus is subject to certain conditions. To hope to benefit from it, it is necessary to be bound to the company by an employment contract (CDD, CDI), to be a disabled worker under an ESAT, or to be a temporary worker or a public official. For companies that pay it, only employers under private law, public industrial and commercial establishments (EPIC) or public administrative establishments (EPA) are authorized to release it. Finally, be aware that the bonus can be paid in one or more instalments, with a maximum of one payment per quarter.
For payments between July 1, 2022 and December 31, 2023, the bonus paid to employees who received, during the twelve months preceding its payment, remuneration less than three times the annual value of the minimum wage corresponding to the duration of work provided for in contract, is exempt from all contributions and employer and employee social security contributions, including the CSG and the CRDS. In this situation, the social package is not due. The premium is also exempt from income tax. On the other hand, if the employee’s remuneration is equal to or greater than 3x the amount of the minimum wage, also from January 1, 2024, the bonus is subject to social security contributions and income tax.
The value-sharing bonus (PPV), formerly the exceptional purchasing power bonus (PEPA) then the Macron bonus, allows employers to pay their employees a bonus, while benefiting from advantageous conditions. It can be paid by all employers under private law, including self-employed workers (craftsmen, traders, farmers, liberal professions), mutual insurance companies, associations or foundations, trade unions, etc. Public establishments of an industrial and commercial nature (EPIC). Public administrative establishments (EPA) when they employ staff under private law (for example regional health agencies (ARS)).
In 2022, the value-sharing bonus benefited 5,5 millions of employees. A figure communicated by the Minister in charge of Public Accounts, Gabriel Attal, during his trip to Isle-Jourdain (Gers) on Monday February 20, at the premises of the mapping company Parera. “That’s a 50% increase from 2021,” he said. The average payment amount reached 789 eurosagainst 506 euros last year.
Since the announcement of the tripling of the ceiling of the Macron bonus, 730,000 employees benefited from it for an average payment of 710 euros. This premium therefore appears to be not negligible, but clearly below the ceilings in force for the vast majority of payments. However, this average amount was only 506 euros in 2021. What to consider the future serenely for the government, after having decided to perpetuate this device.
The amount of the Macron bonus exempt from contributions was capped at 1 000 euros. In 2022, it will triple to reach 3 000 euros for all beneficiaries, a decision voted by the deputies in the National Assembly within the framework of the purchasing power bill. This value-sharing bonus even climbs from 2,000 euros to 6 000 euros for all companies that have signed a profit-sharing agreement in 2021, those whose number of employees does not not exceed 50 and for the workers of the second line (if revaluation measures are taken).
The Macron bonus is paid within a period provided for by law. In this case, between the July 1, 2022 and the December 31, 2023. It can be the subject of an advance, but the balance must be paid at the latest on this date. Whether you are a civil servant, an employee, or an industrialist, you have the possibility of benefiting from it.
This Macron bonus is exempt from taxes and social security contributions until December 31, 2023, exactly. On the employers’ side, the payment of this value sharing bonus (PPV) is based on volunteering, it is just compulsory to respect the ceilings in force. It is up to them, within the limits of these ceilings, to pay the desired amount. The bonus can be paid in one or more instalments, with a maximum of one payment per quarter.