Social Net Amount, LEP, Tobacco, Electricity…: Here are the changes and new features from February 1, 2024

At the beginning of each month, these changes. Waiting for you from February 1, 2024.

Electricity

From February 1, electricity bills will increase significantly, as Bruno Le Maire announced on January 21. The increase is 9.8% at peak/off-peak rates and 8.6% at a base rate of 8.6%. According to the economy minister, “about 20 million households have subscribed to electricity, including 10.6 million at the basic rate.” In question? Phase-out of tariff shields. Set up to meet rising energy prices in 2021, it should be dissolved by 2025.

Highway toll

This year, dealers will limit it to less than 3%. Among the main networks, in the north of France, Senef will significantly increase its prices for Class 1 vehicles by 2.79% and SAPN by 3.08%. In the central-east of the country, Autoroutes Paris-Rhin-Rhone (APRR) will increase by 3.02% and AREA by 3.04%. In the west and south of France, the average rise in Vinci is 2.7%. Without forgetting the Millau Viaduct (up to 5.83%).

tobacco

According to the customs website, on February 1 many references will see their prices increase, such as Dunhill, Vogue, Camel… with a package price increase of up to one euro.

“Net Social Amount”

Appearing at the bottom of pay slips in July 2023 and on social benefit statements in January, the “net social amount” will be the new amount to be declared to CAF for active solidarity income (RSA) and social security beneficiaries. Activity bonus. Calculated by the employer, taking into account all gross income paid by the employer (salary, bonuses and benefits) from which the mandatory social security contribution is deducted. Applicants for these social benefits must use this new figure to make their January declaration.

#SocialNetAmount | From February 1, the net social amount becomes the reference amount to be declared by the beneficiaries to avail the activity bonus and RSA. It will appear on benefit statements during 2024⤵
+ Info: https://t.co/r0apcg2xP3 pic.twitter.com/zyAyIGHSFZ

— Ministry of Solidarity (@Solidarite_gouv) January 26, 2024

A popular savings account

The rate of remuneration of the Popular Savings Booklet (LEP), which is intended for ordinary income, should be reduced. Fixed at 6% from August 1, 2023, the remuneration will be reduced to 5% from February 1. However, the LEP must earn €500 interest per year with a savings account at the maximum limit. Livret A and the Sustainable and Solidarity Development Booklet (LDDS) should keep the same remuneration of 3% for their part.

Popular Savings Account Remuneration will drop to 4.4% on February 1. I, along with the governor of the Banque de France, decided to help by fixing the remuneration at 5%.

This is an exceptional rate on the savings market and significantly more than…

— Bruno Le Maire (@BrunoleMayre) January 15, 2024

Basic retirement pension

Retirees will get a 5.3% increase in their basic pension in February. Applicable to January 2024 pension, concerned should see this revaluation actually hit their bank accounts on February 9, 2024, on the occasion of payment.

inheritance

The process of claiming inheritance tax will be simplified, the government reports on its website. An order passed on December 28 aims to reduce the public accountant’s response time to two months. In the event of the death of a loved one, payment credit at Bursey will be more accessible to compensate for the financial difficulties that a catastrophic event may present.

Digital Services Act

The Digital Services Act (DSA), the European Union’s instrument for regulating the internet, will come into effect on February 17. For consumers, DSA targets, among other things, illegal content online, particularly on marketplaces, and targeted advertising.