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The 10% reduction concerning retirement income tax will be replaced by a package of 2,000 euros, declares the Minister of Economy on France 2

Meanwhile,

10% reduction concerning retirement income:

Published 15/07/2025 21:54

Reading time: 2min – Video: 3min

This clarification comes a few hours after the presentation Tuesday. at a press conference, of the main orientations of the 2026 budget by Prime Minister François Bayrou.

The 10% reduction for professional expenses which are currently benefiting from retirees in the calculation of income tax will be replaced in 2026 by a package of 2. 000 euros per year, announced Tuesday July 15, 10% reduction concerning retirement income the Minister of the Economy Eric Lombard, guest of the JT of 8 pm of France 2. This clarification comes a few hours after the presentation. at a press conference, proposals for large orientations of the 2026 budget by Prime Minister François Bayrou. Measures that will still be subject to the examination of the Parliament in the fall.

“For all retirees who are at the start of the tax scale (…), their taxation will drop. And actually in compensation. the taxation of retirees who earn more than 20,000 euros per year will be slightly increased, it is a measure of social justice”, He added, without being able to specify the number of retirees which will be affected by this increase.

Among the measures announced by François Bayrou to find 43 billion economy. also is the creation of a “Solidarity contribution” for the French “The wealthiest”. “There is no return from 10% reduction concerning retirement income the ISF” (Solidarity tax on fortune), assured Eric Lombard on France 2. The ISF had been replaced in 2018 by the property wealth tax (IFI). refocused only on real estate assets of net value greater than 1.3 million euros.

The differential contribution on high income. set up in 2025, will be maintained next year to ensure that “People with significant income pay at least 20% taxes”developed the minister. In addition. consultation will be engaged in order to “Fight against overoptimization (by) people with an important heritage”, “non -productive”, he continued: “We will rather touch the excess savings that people have and not investment in the company.”

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10% reduction concerning retirement income

10% reduction concerning retirement income

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maren.brooks
maren.brooks
Maren livestreams Nebraska storm-chasing trips, pairing adrenaline shots with climate-policy footnotes.
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