The famous “exceptional purchasing power bonus”, commonly known as the “Macron bonus”, was introduced in response to the Yellow Vest crisis and has since been ratified as the “value sharing bonus” (PPV). This benefit allows companies to pay up to €10,000 to employees without social security contributions, under certain conditions. Although this bonus is no longer exempt from CSG, CRDS, and income tax as of January 1, 2023, it remains a valuable tool in the Renaissance program for early legislative elections.
The Renaissance program also proposes to exempt first-time home buyers from notary fees when purchasing housing worth up to €250,000. This initiative aims to support a million young people from working and middle-class backgrounds. Despite concerns that municipalities and departments may collect these fees, the spokesperson assures that communities will be fully compensated.
One of the main concerns with increased bonuses replacing formal salary increases in France is met with reassurance from the Renaissance spokesperson. They emphasize that bonuses have historically not been paid at the expense of salary increases but rather at the expense of dividends. While efforts will still be made to reduce charges and encourage companies to increase salaries more holistically, bonuses are seen as a valuable tool in providing financial relief during challenging economic times.