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Why not everyone will be able to benefit from the tax exemption for the redemption of RTT days

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The National Assembly voted on Friday in favor of the tax exemption of the redemption of reduced work days (RTT). But several questions arise as to the effectiveness of this measure.

Convert your unplanned RTT days into remuneration, and not pay taxes on this amount. This is the promise of the measure, voted on Friday in the National Assembly by 154 votes against 55, during the discussion of the Treasury reform bill. Economy Minister Bruno Le Maire has called for the purchase of tax-exempt RTT days to be limited to €7,500.

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Through Marc Ferracci (LaREM), the presidential majority presented an amendment to limit the application of the measure in time, between January 1, 2022 and December 31, 2023. This calendar “must allow reflection and consultation about an even more ambitious system,” he explained. The device, limited to the private sector in the current state of the text, could thus be extended to the public service in the future.

Currently, companies can already buy back an employee subject to the day package, their unused RTT days. As a reminder, an RTT is a half day or day off, which an employee can purchase in compensation for weekly work time of more than 35 hours. As for the days of RTT not “taken” by the employees, they are lost, except when they benefit from a time savings account (CET).

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A limited effect according to the employees?

But several unanswered questions remain after the vote on this measure. It is for this reason, moreover, that the Medef, requested by the parisian, declined to comment at this stage. For members of the opposition, this device could represent a hidden salary increase. “Another way to avoid salary increases,” the communist Jean-Marc Tellier denounced to Agence France-Presse (AFP).

In fact, it may not benefit all employees equally. Those who will be affected by the redemption of RTT days are the employees subject to the day package. However, they are mostly executives, employees of the banking and insurance sector or even employees of large groups. In contrast, employees working in smaller structures, without a union, may be subject to greater pressure to buy back their RTT days and therefore not ask for them.

Finally, it is the effectiveness of the measurement principle that is questioned, given that redemption is already possible today –although it does not give rise to tax exemption. “The risk is that not much will change except for a loss of income for the State and social organizations,” says the labor lawyer Me Samuel Gaillard in the columns of the Parisianthis Sunday.

Author: Nina LeClerre
Source: BFM TV

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