The adoption of the motion of censure last night leading to the resignation of the government - if it creates political and institutional instability - may have an immediate beneficial effect on economic stability for companies in the short term.
The reasons for this stability
Some of the measures envisaged in the PLFSS for 2025 concerning tax relief systems were to be applied retroactively, as mentioned at 1.er January 2024.
Among these measures, retroactive to the 1ster On 1 January 2024, the General Reduction in Employer Contributions (RGCP) was modified for companies applying the Specific Fixed Deduction (DFS) to their employees. This applies in particular to transport and construction companies, for their truck drivers and site workers.
This development would have seen the calculation of the RGCP radically altered: its implementation would have had the consequence of eliminating the RGCP surcharge for their employees benefiting from this DFS.
Possible scenarios
Two options are currently available:
- Appointment of a new government and construction of a new PLFSS with a 'certain' deadline for passing a new budget,
- Renewal of 2024 budget and therefore 2024 cost reductions for 2025.
In view of these options, retroactivity on this subject to the 1er This means that the changeover on January 1, 2024 will probably not take place, thus creating the legal, economic and social stability so appreciated by business leaders. They may even hope that this provision will be maintained for the whole of 2025 in the second hypothesis envisaged above.
