{"id":12667,"date":"2022-08-01T11:32:22","date_gmt":"2022-08-01T09:32:22","guid":{"rendered":"https:\/\/www.endrix.com\/?p=12667"},"modified":"2024-10-24T09:23:48","modified_gmt":"2024-10-24T07:23:48","slug":"prime-de-partage-de-la-valeur-value-sharing-bonus","status":"publish","type":"post","link":"https:\/\/www.endrix.com\/en\/blog\/prime-de-partage-de-la-valeur-value-sharing-bonus\/","title":{"rendered":"Prime de Partage de la Valeur (Value Sharing Bonus)"},"content":{"rendered":"

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Accueil<\/a><\/span><\/span>\n<\/div>[\/vc_column_inner][\/vc_row_inner]

Prime de Partage de la Valeur\u202f:<\/span> Value Sharing Bonus: some new features from 1 January 2024 Details of the new tax and social security rules<\/h1>\n<\/div>[\/vc_column][\/vc_row][vc_row el_id=”contenu_article”][vc_column]
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The value sharing bonus<\/a> (VSB), formerly known as the Macron<\/a> bonus or purchasing power bonus, is a scheme that allows the employer to pay the employee a bonus. This is a sustainable scheme that companies can set up each year. The bonus remains optional. We remind you of the main terms and conditions, as well as the changes applicable from 1 January 2024. <\/strong><\/p>\n<\/div>

What is the maximum amount of the Value Sharing Bonus?<\/h2>\n<\/div>

\u2022 \u20ac3,000<\/strong> per calendar year and per beneficiary employee for all companies, regardless of their level of remuneration.\u202fVSBs are exempt from all statutory or contractual employee and employer social security contributions<\/strong>, from employer contributions to construction efforts and from employer contributions for the financing of vocational training and work-study programmes.<\/p>\n

\u2022 \u00a0\u20ac6,000<\/strong> per calendar year and per beneficiary employee, regardless of the level of their remuneration, for employers who have put in place an incentive scheme<\/strong> in addition to the profit-sharing scheme, for associations<\/a> and foundations<\/a> that may receive donations giving entitlement to a tax reduction and for Workplace Assistance Establishments or Services (\u00c9sat).<\/p>\n<\/div>

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Who can\u202fbenefit?<\/span><\/h2>\n<\/div>

\u2022 Employees<\/strong> and agents\u202fof\u202fprivate\u202femployers<\/strong> and certain\u202fpublic institutions\u202f(EPICs* and EPAs** employing personnel under private law),<\/p>\n

\u2022 Agency\u202fstaff supplied\u202f<\/strong>to a company awarding the bonus to its employees,<\/p>\n

\u2022 Disabled workers linked to an \u00c9sat**<\/strong>* and beneficiaries of a contract of support and assistance through work.<\/p>\n

The VSB does not replace any element of employee remuneration provided for by law<\/strong>, by a salary agreement, employment contract or practice in force in the company.<\/p>\n

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*Public Industrial and Commercial Establishment
\n**Public Administrative Establishment
\n***Workplace Assistance Establishment and Service<\/p>\n<\/div>

How often can the Value Sharing Bonus be paid?<\/h2>\n<\/div>

Since 1 December 2023<\/strong>, it is now possible to pay 2 Value Sharing Bonuses each year, knowing that the bonus can always be paid in one instalment, or in several instalments, up to a maximum of once per quarter.<\/p>\n<\/div>

What are\u202fthe tax and social security rules?<\/span><\/h2>\n<\/div>

\u2022 Exemption from Income Tax (IR), General Social Contribution (CSG), Contribution for the Reimbursement of Social Debt (CRDS):<\/strong>\u202fIf the bonus is paid between 1 July 2022 and 31 December 2023 to employees who received remuneration of less than three times the minimum wage (i.e. \u20ac59,231.91 for full-time employees) during the 12 months preceding its payment.<\/p>\n

\u2022 The PPV\u202fwill be exempt from\u202fsocial contributions. <\/strong><\/p>\n

\u2022 The PPV<\/strong>\u202fwill be subject to the\u202fforfait social<\/strong>\u202f(flat-rate social charge) in the same way as the incentivisation bonus (int\u00e9ressement).<\/p>\n

Lastly, from\u202f1 January 2024<\/strong>, no change for companies with fewer than 50 employees<\/strong>, until 31 December 2026. However, for other companies, it is the regime provided for employees above 3 times the minimum wage that will become the general rule and which will therefore also apply to employees earning less than 3 times the minimum wage. The bonus will therefore remain permanently exempt from social security contributions but, regardless of its amount, it will no longer be exempt from income tax or CSG\/CRDS.<\/p>\n<\/div>

Example with summary table of the tax and social security rules*:<\/h3>\n<\/div>

A company implements the bonus in 2023 for all employees, with no salary cap.
\nTax and social security on the bonus paid in 2023 are as follows:<\/p>\n