3. Solidarity fund, deferment of tax and social security payments, postponement of bills

3. Solidarity fund, deferment of tax and social security payments, postponement of bills

Accueil / COVID-19 : latest information / 3. Solidarity fund, deferment of tax and social security payments, postponement of bills

If, as an employer or self-employed person, you are experiencing difficulties in meeting your tax and social security payments, you can benefit from a staggered payment schedule and cancellation on late payment increases and penalties from the URSSAF and tax departments.

The Government has published a guide to access the different measures and assistance made available to businesses.

You can read the Q&A available on the website https://www.impots.gouv.fr/portail/node/13467


Coronavirus: the rebound loan « flash » from BPI for SME’s

Following from the impact COVID-19 is having on cashflow’s and treasury for SME’s, BPI France has launched this Monday 4th of May, in collaboration with the regions and the order of Chartered Accountants, a new measure: the Rebound flash loan.

 


Financial aid of up to 1,250€ for the self-employed with commercial and artisanal activities

In light of the current Coronavirus crisis, if you are a self-employed person who has commercial (CCI) and/or artisanal (CMA) activities, the Council for the Protection of Self-employed Workers is putting in place a one-off financial aid of up to 1,250€.

This financial aid will be paid automatically by URSSAF without the need for you to carry out any formalities yourself.
The principal conditions are that :

  • you were working on 15th March 2020
  • you were registered for this activity prior to 1st January 2019

The amount of the financial aid will correspond to the complementary retirement contributions you paid based on your 2018 revenue, and could be up to 1,250€.

At the time of writing this note :

  • this aid can be cumulated with the other aids set out by the French government
  • the amount of this aid will be exempt from income tax and welfare contributions

This one-off financial aid is in addition to a number of measures taken by the French government since the start of this crisis to help the self-employed.  It is a way of supporting the economic activity of artisans and people in commerce in order to maintain their activity and enable them to get back on their feet as soon as possible once this is over.


Solidarity Fund

The government is setting up a solidarity fund for those businesses having to shut for health and safety reasons (where turnover is impacted by more than 70%) and reserved for companies turning over less than 1 M € (including micro-entrepreneurs).

A standard sum of 1500€ will be immediately for self-employed workers with any further requests considered on a case by case basis

This aid will be paid by the Directorate-General for Public Finance (DGFiP), upon simple declaration. Depending on your criteria and your situation, you may or may not qualify for this aid.
In order to apply for this grant, a form is available on the espace « particulier » of the impots.gouv.fr website.

Solidarity Fund : the guide

We have put together a detailed information guide detailing: what this is, whether you are eligible and a step by step guide on how to request this aid. The guide can be found here  : solidarity fund guide


CCSF

In the event of financial difficulties, the Commission des chefs de services financiers (CCSF) can grant companies payment deadlines to settle their tax and social security debts (employer’s share) in complete confidentiality.

  • Click here to consult the list of permanent secretaries of CODEFI and CCSF in the Departmental or Regional Directorates of Public Finance.
  • Click here to download the elements of the referral file and the elements on the CCSF

Social Payments

Another Q&A is available at https://www.urssaf.fr/portail/home/actualites/foire-aux-questions.html

For self-employed

The Government is expecting to defer social welfare contributions for the self-employed (independent) for March, April and May.

Self-employed and independents concerned by the next due date will have this deadline automatically postponed, with the social security contributions and contributions due being reallocated across the rest of the year’s payments.  The 20 March payment has not been deducted. Pending future measures, the March, April and May payment will be reallocated over subsequent due dates.

In addition to this measure, you can apply for:

  • Adjustment to payment deadlines, including those by anticipation
  • An adjustment of your contribution schedule to take immediately into account your drop in income, you can do this by re-estimating yearly income without waiting for the annual return
  • Help from the social body for the partial or total payment of contributions or for the allocation of exceptional financial aid.

How to do this : employers and self-employed liberals (BNC) can connect on the online account on ursaff.fr and signal their situation under : « Une formalité déclarative  » /  « Déclarer  une situation exceptionnelle ». It is also possible to contact Ursaff by telephone on 3957 (0,12€ / min + standard call rates).

Self-employed workers BIC (artisan and tradesmen) can contact Ursaff by telephone on 3698

Click on the following help to ask for help:  https://www.secu-independants.fr/action-sociale/demander-une-aide/

For employers

Businesses and Employees who affiliate for healthcare under Hotel, Cafe and Restaurants with Klesia, Malakoff, Humanis, OCCIRP and Audiens are exonerated from social contributions for the second Quarter of 2020. See press release

Employers who had an URSSAF deadline on 15 March were given the opportunity to defer payment.


Tax Payments

Informations_Coronavirus_SRConseilThe deadline for submission of business tax returns has been pushed back to 30th of June 2020. The same deadline applies to CVAE declarations, balance of Corporation tax, and Income tax returns for those declaring professional income where figures are taken from their business tax returns.

 

Information relation to the adjustment of PAS (Tax at source for income tax) for both self-employed and salaried employees

For self-employed persons, it is possible to adjust the rate and the advance payments of Prélèvement à la Source (Income tax paid at source) at any time.  It is also possible to defer the payment of their Prélèvement à la Source on their professional income from one month to the next up to three times (if their instalments are monthly), or from one quarter to the next (if their instalments are quarterly).


Taxation

Gérald Darmanin announced « the possibility of applying for an early refund of corporate tax claims refundable in 2020 and an accelerated processing of VAT credit refund claims by the Directorate General of Public Finance (DGFiP) ».

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