GP FR LEGAL CHANGES 2016 - FAMILY ALLOWANCE INCREASED BASE FOR REDUCED RATE
Last updated on MAY 02, 2018
Applies to:PeopleSoft Enterprise HCM Global Payroll France - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.
Changes in the way Family Allowance is calculated were announced by the French Government.
An earlier ruling mandated a rate of 1.8% on wages above 1.6 SMIC. This is now changed and the rate will be calculated on wages above 3.5 SMIC.
These changes are effective from 1st April 2016.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms