You are not logged in!

You are not logged in!

You are not logged in!


the National Assembly approves the takeover of RTTs by companies

All employees who have been losing RTT for years will be delighted. On Friday, the deputies voted on the possibility for companies to buy back from employees the days of RTT which they would have given up, the government having acceded to a request from the right to include a promise from its candidate for the Elysée Palace Valérie Pécresse.

The deputies approved the measure by 154 votes against 55 during the discussion on the amending finance bill.

Initially, the group Les Républicains had tabled a series of amendments in order to “better reward work and merit and increase the net salaries of the French”, this takeover being exempt from taxes and contributions.

The presidential majority, through Marc Ferracci (LREM), presented its own amendment to limit the measure in time, between January 1, 2022 and December 31, 2023.

time limit

This time limit “must allow reflection and consultation on an even more ambitious system”, he explained.

LR therefore tabled “a fallback amendment” to in turn limit the measure in time, as the majority wanted. The Minister of Economy Bruno Le Maire asked that the measure be capped at 7,500 euros. The measure was supported by the National Rally: “We say yes without hesitation,” said Laurent Jacobelli.

On the left, the deputies protested against this measure: “Another way to circumvent salary increases”, according to the communist Jean-Marc Tellier. The Reduced Working Time (RTT) system allocates days or half-days of rest to employees whose working time exceeds 35 hours per week, which currently disappear if they are not taken.

Review of the amending budget

As a reminder, the National Assembly embarked on Friday in a new high-risk race, that of the examination of the amending budget, after already four days and as many nights of heated debates on the bill in favor of the power of purchase, adopted at first reading in the early hours of the morning.

“Our Assembly can be the sound and the fury” but “I suggest that it be the light of August”, imagined the Minister of the Economy Bruno Le Maire, at the kick-off in the afternoon of the debates on the second part of the package of measures to deal with galloping inflation.

After the vote on the first part shortly before 6:00 a.m. on Friday, Prime Minister Elisabeth Borne was pleased that “the spirit of responsibility” had “won to protect our fellow citizens”. The game is not won for the presidential camp, deprived of an absolute majority.

The amending finance bill for 2022 includes the continuation of the fuel rebate and the tariff shield on energy, the revaluation of the index point for civil servants, the financing of the takeover bid to renationalise EDF and the abolition of the audiovisual license fee. The deputies already approved on Friday an increase in the tax exemption ceiling for overtime for 2022, which thus goes from 5,000 to 7,500 euros. They also voted to double the tax-free aid that companies can pay to employees to cover their fuel costs, raising the ceiling from 200 to 400 euros. They also validated a measure favorable to the increase in restaurant vouchers, anticipating the revaluation of exemptions for employers.


The tax on superprofits, a real sword of Damocles for companies