The Limited Times

Now you can see non-English news...

Taxes: finding your way around the puzzle of Covid-19 aid

2021-05-14T06:08:29.216Z


OUR ADVICE - To support employment in 2020, the government has stepped up support measures for employees. Each aid has its own specific tax system.


Some aid must be declared (without necessarily being taxable), others not.

What you need to know to avoid making mistakes.

To discover

  • Our list of cities where life is good

  • Are you rich?

    Discover the new

    Figaro

    simulator

PARTIAL UNEMPLOYMENT BENEFITS

Partial unemployment benefits received in 2020 are taxable.

They are already included in your income tax return with your salaries and wages.

COVID BONUS

This bonus paid to civil servants mobilized during the state of health emergency is not subject to income tax and therefore does not have to be declared.

The same applies to that paid from June 1 to December 31, 2020 to mobilized employees of private health establishments or the social and medico-social sector, which is exempt up to € 1,500.

OVERTIME

Remuneration linked to overtime (and additional hours for part-time jobs) carried out in 2020 are exempt up to the limit of € 5,000, increased to € 7,500 for those carried out between March 16 and July 10, 2020. This exemption concerns

This article is for subscribers only.

You have 72% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2021-05-14

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.