Personal finance: what to keep this week

Net life insurance revenue reached € 10.5 billion in the first four months of 2022, the highest level since 2011. Inflation rose to 5.2% year-on-year in May 2022. Send late his income tax return may result in a tax increase. It is possible to repay a real estate loan before term. The standardized information sheet on borrower insurance is reinforced by the Lemoine law. In case of difficulty for the payer impôt sur le revenu, a deadline may be required for the tax administration. As of August 25, 2022, rents for energy-intensive housing will no longer be able to be increased throughout metropolitan France.

Summary:

  • Life insurance: € 10.5 billion raised over the first four months of 2022

  • Inflation: Consumer prices rose by 5.2% in May 2022

  • Taxes 2022: What are the penalties for a late tax return?

  • Real estate loan: how to repay it in advance?

  • Assurance borrower: new information in the standardized form

  • Taxes 2022: What to do if you have difficulty paying?

  • Rents on energy-intensive housing can no longer be increased

Life insurance: € 10.5 billion raised over the first four months of 2022

The net collection in life insurance reached 10.5 billion euros over the first four months of 2022, a level unprecedented since 2011, according to data provided by the France Assureurs federation. Since the beginning of 2022, life insurance contributions amount to € 53.7 billion, the highest level since 2010. “If inflation is back, it has not started . the French people’s passion for life insurance, the development of which continues, month after month, ”said Franck Le Vallois, CEO of France Assureurs, in a statement.

Inflation: Consumer prices rose by 5.2% in May 2022

Consumer prices in France rose by 5.2% in May 2022, according to the first estimate published by the Institut national de la statistique et des études économiques (INSEE). This inflation is said to be caused by an acceleration in the price of energy, services, food and manufactured goods, according to Insee. France has not experienced an inflation rate above 5% since 1985, after exceeding 13% in 1980 and 1981. The results set for May 2022 must be published on 15 June 2022 and, in particular, for calculating them. of the revaluation of alimony.

Taxes 2022: What are the penalties for a late tax return?

The 2021 income tax return campaign is now over. A taxpayer validating or submitting his return after the deadline incurs an increase in his tax. This increase is 10% in the absence of a stake in the house, 20% in the case of filing the declaration within 30 days, as follows at the time of placing the house and 40% when the deposit is made within 30 days. , recalls the site service-public.fr. In case of error favorable to the taxpayer, the increase is 10%, unless the latter makes a regularization spontaneously or within 30 days of the relaunch of the tax administration.

Real estate loan: how to repay it in advance?

The borrower “can always, on his own initiative, repay in advance, in part or in full” his real estate loan, recalls the Ministry of Economy, Finance and Revitalization citing the Consumer Code. The loan agreement may, however, provide for the prohibition of a repayment equal to or less than 10% of the initial amount lent. To make an early repayment, you must contact the lending institution to inform them of this wish. The latter is required to provide a quantified estimate of the costs to be paid, knowing that this estimate is free of charge if the contract was concluded after July 1, 2016.

Assurance borrower: new information in the standardized form

The Lemoine Act, which came into force in part on June 1, 2022, reinforces the standardized information sheet provided by banks to any candidate for a home loan. This form must now specify the total cost of the borrower’s insurance for the first eight years, the definition of disability (different from that of Social Security), the end of the medical questionnaire (for loans of less than 200,000 euros) and the fact that it is possible to take out insurance with another organization. The purpose of this additional information is to “encourage competition and reduce the overall cost of credit,” says the service-public.fr website.

Taxes 2022: What to do if you have difficulty paying?

Taxpayers who are having difficulty paying their income tax may request a payment deadline from the tax administration, the Ministry of Economy, Finance and Revitalization reminds. To do this, it is best to apply as soon as you receive the tax notice, on your particular space on the tax site via email (heading “I have difficulty paying”) or by going to its center of public finance. The tax administration examines the claims on a case-by-case basis according to the taxpayer’s situation (unemployment, death of the spouse, separation, disability …).

Rents on energy-intensive housing can no longer be increased

As of August 25, 2022, rents for homes rated F (“very poorly performing”) or G (“extremely poorly performing”) with an energy performance diagnosis will no longer be able to be increased throughout metropolitan France. This prohibition applies to all types of rentals (empty, furnished, mobility lease) and whether it is a new lease, renewal or renewal of the lease. In the 28 agglomerations in terms of housing, this ban has already been in force since 1 January 2021. For the overseas departments (Guadeloupe, Martinique, Guyana, La Réunion and Mayotte), the application will take place from with July 1, 2024.

.

Leave a Comment