The PERP, an asset for retirement... and taxes

Very popular for défiscaliser, the Perp benefit more taxpayers who reach the slices at the highest level.

the savings Product for the preparation of retirement, the Perp is essential for taxpayers in need of tax exemption ! The reason for this ? It offers them an asset to the entrance unbeatable, since it presents the particularity not to be taken into account in the overall ceiling for tax shelters. An argument of size for those who have already made the full benefits to which they are entitled. The reverse of the medal ? The Perp is not an investment like any other, but a "tunnel" almost devoid of emergency exits. Once opened, it can not be closed and safely, "accidents of life", restrictively listed by the law (death of a spouse, the expiration of rights to unemployment ...), you can't retrieve your savings along the way. In the current state of the text, even if the law Covenant could soon change, the output must be a life annuity, unless option for a partial output-capital to the tune of 20 % of the accumulated savings.

A tax-saving correlated to income

Each year, you can deduct your payments on your Perp from your taxable income, in the limit of a ceiling equal to 10% of your professional income of the previous year net of fees, with a minimum of 3 923 € and a maximum of 31 382 € for payments in 2018. If this is not enough, you can use all or part of the ceilings which you had the right to the title of the previous 3 years - the amount shown on your tax notice - if you have not used or used only in part or charge your payments on the ceiling used to be your spouse or partner Pacs.

Still it is necessary to be taxable to take advantage of this benefit and to achieve the slices, the higher the scale (41 % or 45 %) to take full advantage. Because, unlike a reduction or a tax credit, the tax savings provided by the deduction is not the same for all taxpayers. It depends on your marginal tax rate, that is to say, it is the highest rate at which your income is taxed. 5 000 eur paid on a Perp will save you up to 2 250 euros in tax if you reach the highest bracket is 45%, but only 700 € if you do not exceed the current 14 %.

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But that's not all ...If you don't want the tax man you will resume with one hand what he has given to you the other, it is necessary that your marginal tax rate decreases after retirement because the pension is paid to the output is subject to tax, in the same terms as your pension !

>> Practice : Download our guide to council for défiscaliser by investing in real estate

The collection to the source changes the game

The entry into force of the withholding tax in 2019, and year white in 2018, a little complicated the situation. To the extent that you will not have to pay taxes on your current income from 2018, you do not have a priori no interest in opening a Perp, or to make payments on yours this year, if you already have one.

Except that... to avoid this type of behaviour and a mass delayed payments in 2019, the legislature has provided a parade. It provides that if your payments to 2018 are lower than those of the 2017 and 2019, you will be able to deduct in 2019 than the average of what you paid in 2018 and 2019. In clear, if you have paid 5 000 $ on your Perp in 2017, if you do not pour anything in 2018 and then a new 5 000 € in 2019, you will not be able to deduce that 2 500 € of your taxable income in 2019, or half of what you paid !

READ ALSO >> 2018, the year trap for the Perp

What a lesson to be learned ? Even if it will not bring you any special advantage this year, if you had paid a few hundred euros in 2017 on your Perp, you have interest to do the same this year to neutralize the system put in place by Bercy and find your freedom in 2019 : you will then be able to deduct all of your payments in 2019. On the other hand, if the amounts in question were more consistent, it is better to do nothing to pay this year, or in 2019. You will be able to start to feed your Perp in 2020, and not be penalized, even pulling double duty.

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Optimize his / her statement of revenues

Statement of income : good reflexes in 2019 Carlos Ghosn is preparing to move to Switzerland to Give in order to pay less taxes

Another option to consider for couples who are married or in a civil partnership : "they can use the possibility to spread the deduction limits, charting in 2019 all of their savings effort on the contract of their spouse or partner Pacs if he had not made payments on his Perp in 2017. This strategy allows you to neutralize the anti-optimization, and deduct the full amounts paid in 2019," suggests Pierre Emmanuel Sassonia, actuary at Eres. As for those who intend to open a Perp in 2018, they will have interest to spend their tour this year and to wait until 2019 to open a...