What is the amount of the CICE?


The CICE refers to the remuneration paid by the company to its employees for a whole year, but this does not exceed 2.5 times the SMIC. The remuneration taken into account in the calculation of the tax credit is that used to calculate the social security contributions of employers. Finally, it should be noted that the CICE rate is set at 6% for remuneration paid since 2014.
How to account for the CICE?
The objective of the CICE is therefore to reduce staff costs, and the amount must be recognized and entered in the dedicated subaccount of account 64 "Personnel expenses". Be aware that it is obviously not taxable and is subject to an extracurricular deduction. However, a corporation benefiting from the CICE must fulfill certain obligations, including reporting the amount of the tax credit to tax administrations by filling out a form available on the Internet. These are declarative obligations.
The CICE is therefore relatively easy to obtain when the company meets the required criteria. However, it must meet certain reporting requirements in order to comply with current law.

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