Do you have a popular savings book (SMP)? If you have not already done so in 2019 or 2020, you must send your proof of income to your bank before September 30, 2020. You need to demonstrate that your revenues allow you to keep your regulated, paid booklet at 1% net of income tax and social security contributions at least every 2 years. Exceptionally, this year, the date on which you must provide this proof has been moved from March 31 to September 30.
To open a SMP in 2020, your tax household's 2018 tax income (as shown on the 2019 tax notice) must not exceed the following limits:
€19,977 for households with a tax share;
€30,645 with 2 shares;
€41,313 with 3 shares;
€46,647 with 3.5 shares;
€51,981 with 4 parts.
To keep your booklet, you must send your tax notice to the bank at least once every two years. If you no longer meet the conditions or do not provide your tax notice on time, your bank is required to close your SARA.
