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yesterday

France Implements May 1 Financial Reforms Addressing Inflation and Budget Goals

Key measures include social benefit increases, gas tariff reductions, tax adjustments, and postponed energy vouchers.

Pour le mois à venir, la Commission de régulation de l’énergie a annoncé une baisse du prix repère de vente pour le gaz avec une diminution du kilowattheure de 6,4 %.
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Overview

  • Social benefits, including RSA and AAH, are revalued by 1.7% to align with inflation, effective for payments starting May 5.
  • Regulated gas tariffs drop by 6.4% for heating and 5.16% for cooking and hot water, effective May 1, offering relief to households.
  • The 2025 energy voucher distribution has been postponed to November due to the late adoption of the finance law.
  • Income tax declaration deadlines vary by department, with paper submissions due by May 20 and online submissions staggered through June 5.
  • Employer social contribution rates are adjusted, and free registration for electric vehicles ends, aligning with broader fiscal reforms.