2018 final Business Lunch – Susie Hollands was our speaker.

Yesterday I represented @French Payroll Expert at the 2018 final Businesslunch.

Our speaker Susie Hollands from VINGT PARIS talked about her experience in France as #realestate agent. I know nothing of this job and it was fascinating to ear about it.

Unfortunately, we were so many attending (over 40 people) that I cannot link everyone to this post.I had the pleasure of meeting Stéphane Faure from MARIE-FRANCE VINCENT for the first time. And I got to speak with my friend David Davron from Davron Translations to whom I hadn’t spokenk to in a while.

Thanks again to Jonathan C. Cooper for managing this event and to the partners Franco-British Chamber of Commerce & Industry (FBCCI)The Spectrum IFA Group, the IOD, the Departement for International Trade and ABAF.

SME Breakfast – The withhonding of income tax.

Yesterday I represented French Payroll Expert at the Franco-British Chamber of Commerce & Industry (FBCCI) 2018 last SMEBreakfast.

My friends from STCPartners/Andersen Tax & Legal Etienne Pujol, Melissa Pun and Nicolas Charlet from MAGELLAN Expert conseil explained the new withholding of income tax in France.

As it impacts the payroll, I am well aware of the ins and outs of this issue. However, I was pleased to learn that the withholding of income tax applies to other revenues than the salary.

It was very interesting. Were present Catherine Boutet, Romain Devoux Ornella DINGANI KIALA,SAADI NASSERA, CATHERINE LE YAOUANC ,Jeremy Durack, Hélène Fages, Derek Ferguson,Jo Stapleton Leymarie, Eliane RAKOTONOEL,Anne-Hélène Scouarnec-Hurault,Philippe Talon and Robin Young.

Once again thank you to the Franco-British Chamber of Commerce & Industry (FBCCI) for setting this up and especially CATHERINE LE YAOUANC and all the interns.

The pay slip in French payroll.

In France, for each salary payment, a pay slip must be provided to the employee.

This means that if an employee has several contracts within the same month he must receive as many pay slips as he has contracts. This is extremely important in activities such as catering or retail.

The pay slip used to be provided on paper format. Given by hand or sent by post. Since 2017 the pay slip can be provided by an electronic format. However, there are provisos:

  1. The employee must be informed that he can refuse the electronic pay slip and receive a hard copy.
  2. The storage of the electronic pay slip must allow free access to the pay slip for 50 years (or until the employee reaches 75 years old).

Whatever the delivery method, the employer must provide pay slips regularly. He must also keep the pay slips for a period of 5 years.

 

Our company uses SECURIBOX system. This system allows for both format (electronic or hard copies) to be delivered to the employee. It is also compliant with the storage and access requirement.

Don’t hesitate to contact us at contact@fpexpert.fr for more details about our services.

Company cars and benefits in kind.

Do you provide company cars to your employees?

If you do, and if the employees use their company car for personal purposes, this is a benefit in kind. On #frenchpayroll benefits in kind are subject to social contributions. They must appear on the pay slips.

When the car is leased, the value of the benefit can be calculated in 2 ways:

  • Lump sum:
    • If the personal gasoline expenses are paid by the employee, the monthly value of the benefit in kind is 30% of the monthly cost of the lease including the lease, the maintenance and the insurance.
    • If the personal gasoline expenses are paid by the company, the monthly value of the benefit in kind is 40% of the monthly cost of the lease including the lease, the maintenance, the insurance and the gasoline expenses.
  • Real cost:
    • The annual value of the benefit in kind is calculated with this formula:

[Global cost (lease + maintenance + insurance) * kilometer driven for personal purposes/total kilometers driven over the year] + personal gasoline expenses paid by the employer.

 

The company chooses the way by which the benefit in kind is calculated. This choice is a permanent one.

Withholding of income tax and the B2B SEPA mandate.


 

In January 2019 withholding of the income tax will become a reality of the French payroll.

The employer will deduce the income tax from the employee’s gross salary and pay the tax to the fiscal authorities.

The SIEE (French fiscal authority for foreign company) will only accept direct debit payment.

To allow for this direct debit, every company needs a B2B international SEPA mandate with the SIEE.

We recommend you watch this tutorial on how to create an account

Be aware that the delay between creating an account and activating it can go from 1 week to 30 days.

Make sure you act quickly to be ready for January 2019.

Don’t hesitate to contact us directly at contact@frenchpayrollexpert.fr for more information and assistance.

Creation of an experts netwrok.

I had an excellent morning at MAGELLAN Expert conseil today.

The meeting was about creating a network of professionals with complementary skills.

Where present:

  1. myself (obviously) from French Payroll Expert for payroll services
  2. Claire Bonniol from CXB HUB – customer experience specialists for the customer experience
  3. Alexandra DURRIEU from Adecco for recruitment
  4. Cristelle Marie from AFC Représentation Fiscale for tax representation
  5. Emmanuelle Verbaere from Aloé financement for project financing
  6. Anne-Hélène Scouarnec-Hurault from Authentic RH – Osez l’authenticité for HR outsourcing
  7. Romain Devoux from Over the Word for translation
  8. Emanuel Sampy from SNPRM – Les experts de la relocalisation professionnelle for international mobility
  9. Etienne Pujol from STC Partners. for legal and tax services
  10. Catherine Le Nagard from the Franco-British Chamber of Commerce & Industry (FBCCI)
  11. Nicolas Charlet, Ornella DINGANI KIALA from MAGELLAN Expert conseil for accounting and “housing” services.

I may be a little bite partial in my thinking, but I believe we make a very good group of complementary experts.

Each in our field we provide services that every company needs when she moves to the French market.

I hope to come back to you on this subject before the end of 2018.

November’s SME Breakfast at the Chamber

Yesterday I what representing French Payroll Expert at the Franco-British Chamber of Commerce & Industry (FBCCI) for the #SMEBREAKFAST.

Olivia Portaud was the speaker. Olivia is an image management coach.

She spoke of the proper way to manage your image. It was very impressive.

I learned a lot. Including that there is no bad image, just the wrong message being sent.

Of course I also had the opportunity to meet some of my chamber’s friends Florent Baudin from BBZ Conseil, Derek Ferguson from Roaming Schoolhouse, Georgine Glaenzer, Keith Jackson from JASL – Jackson Services Linguistique and Stéphane Lorey from AMBRELIA.

And I was pleased to meet new people, Nadira Artyk, Nigel Bath from STREGO, @Kate Cranfield, Jeremy Durack from Sotheby’s, Veronique Lecompte, Mark Miller-Eloit from Lagardère Sports, Siméon MONTROSE, Gaëtan Riche from Savoir Beds Ltd, Patrice Tiolet – International VP, Performance Excellence from Réseau Oudinot, Anne-Hélène Scouarnec-Hurault from Authentic HR and 3 members of the École de Guerre.

Thanks you very much Catherine Le Yaouanc for setting this up.

Get ready for the withholding of income tax (PAS).

The withholding of income tax (Prélèvement à la source or PAS in French) on the French payroll will be a reality in January 2019.

For foreign company without a fix establishment in France, payroll providers can manage most of the process.

However, payment must be made by the company to the fiscal authorities.

For those of you who don’t know the DGFIP (fiscal authorities), it is not a very forgiving administration unlike the URSSAF (social security) or HUMANIS (retirement).

Don’t forget that you everything must be ready for January’s payroll. And it is not unheard of to have a lot of the administration staff take their Christmas vacation.

French Payroll Expert strongly recommend that you contact the SIEE (DGFIP services for foreign company) as soon as possible to confirm that your account with them is set up with the proper B2B SEPA mandate.

SERVICE IMPOTS DES ENTREPRISES ETRANGERES NOISY-LE-GRAND

10 RUE DU CENTRE

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01 57 33 85 00

SIEE.DINR@DGFIP.FINANCES.GOUV.FR