Banking: PEL savings account interest rate reduced to 1.75% from January 2025
From 1st January 2025, the new interest rate of Plan Épargne Logement (PEL) savings accounts in France will be 1.75%, compared to 2.25% for PELs opened during 2024.
Income
2025 Finance Bill: More Taxes planned for Rental Property Owners using LMNP
The 2025 Finance Bill in France introduces significant tax changes for non-professional furnished rental property owners (LMNP), aiming to level the playing field between furnished and unfurnished rentals.
SMIC: French Minimum Salary increases on 1st November 2024
On October 1st, during his general policy address to the National Assembly, new French Prime Minister Michel Barnier announced a 2% increase in the minimum wage (SMIC)
Plan d’épargne en actions (PEA): Is it the best investment option in France?
A Plan d’épargne en actions (PEA) is a regulated savings product that allows you to invest in a portfolio of shares of European companies. This article explains the PEA account in detail including some ETF examples.
SMIC: French Minimum Salary increases on 1st January 2024
According to a 20th December Decree published in the Official Journal on 21st December 2023, the French minimum salary will increase by 1.13% on 1st January 2024.