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Income tax - Should wage savings be reported?

Verified 08 June 2023 - Legal and Administrative Information Directorate (Prime Minister)

You must report amounts received in 2022 under a wage savings system in 2023. However, there are exemptions.

Amounts paid by your employer are exempt from tax within certain limits if they are paid under one of the following wage savings plans:

  • PEE: titleContent
  • PEI: titleContent
  • Perco: titleContent
  • PER: titleContent collective company

You don't have to declare the exempt amounts.

The income of securities placed in a PEE: titleContent or a PEI: titleContent are also exempt from tax if the following 2 conditions are met:

  • Income reinvested in the savings plan
  • Compliance with the duration of unavailability of securities

The amount is also not taxable if you recovered it as part of the exceptional wage savings release introduced for 2022.

Please note

the amounts paid as part of the wage savings are subject to social contributions.

You do not have to report the following amounts:

  • Amounts paid on a Perco: titleContent corresponding to days of rest not taken
  • Compensatory allowances from a TEC corresponding to sums from profit-sharing and participation (after the blocking period) or a PEE: titleContent

You do not have to declare your profit on condition that the money received is deposited within 15 days of its payment on one of the following salary savings plans:

  • PEE: titleContent
  • PEI: titleContent
  • Perco: titleContent
  • PER: titleContent collective company

The exemption shall apply to sums paid up to €20,568 in 2022 (€32,994 in 2023).

Please note

the amounts paid as part of the wage savings are subject to social contributions.

Amounts that are not exempt are declare with your salaries.

Tax returns via Internet is required if your principal residence is equipped with internet access and you are able to file your return online.

For 2023, the tax return is complete.

The 2024 income tax return for 2023 will begin in April 2024.

You don't have to declare the amounts received.

These sums must remain frozen for a minimum period (in principle 5 years).

There are, however, authorized early release cases.

Amounts that are not exempt are declare with your salaries.

Tax returns via Internet is required if your principal residence is equipped with internet access and you are able to file your return online.

For 2023, the tax return is complete.

The 2024 income tax return for 2023 will begin in April 2024.

Who can help me?

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  • For general information

    Tax Information Service

    By telephone:

    0809 401 401

    Monday to Friday from 8:30 am to 7 pm, excluding public holidays.

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  • To contact the local service managing your folder

    Department in charge of taxes (treasury, tax department...)