During the examination of the 2025 Budget in the Finance Committee of the National Assembly, this Thursday, October 17, the deputies voted to create a reduction on donations to the spouse’s children and grandchildren. Duty exemptions for brothers, sisters, nephews and nieces are doubled.
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– Children of spouses are currently taxed at 60% on the donations they receive, without any reduction
“Take into account developments in our society (…) and create new rights for the children and grandchildren of spouses.” It is in these words that the deputy Ensemble pour la République du Gers, Jean-René Cazeneuve, defended his amendment to the finance bill (PLF) for 2025, examined and adopted in the Finance Committee at the National Assembly, this Thursday, October 17. This measure in fact creates a specific allowance of 31,865 euros for the spouse’s descendants, namely his children and grandchildren, in the event of donation. An exemption from free transfer taxes, also called gift taxes, much more substantial than that currently in force for this type of transfer. As a reminder, today, the spouse’s children and grandchildren are considered third parties, and as such do not benefit from any reduction, before being taxed at 60%!
Doubled allowances for brothers, sisters, nephews and nieces
Setting the duty-free level at 31,865 euros would thus make it possible to follow the reduction already in force for a donation made by a grandparent to a grandchild. If this is not modified by the measure voted in the National Assembly, the reductions for the benefit of brothers and sisters as well as nephews and nieces are doubled. “While direct line donees benefit from a reduction of up to 100,000 eurosin the current state of the law, indirect line donees only benefit from a reduction of 15,932 euros for brothers and sisters and 7,967 euros for nephews and nieces. These differences are the subject of real incomprehension on the part of those close to the donor”explains the explanatory memorandum of an identical amendment, tabled by several deputies Together for the Republic, also adopted. Consequence: the reduction reserved for brothers and sisters is increased to 31,865 euros and that for nephews and nieces to 15,932 euros.
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These various measures should make it possible to “respond to the injustices of the current system, which has not taken into account the evolution of families, the penalization of indirect lines and the excessive concentration of certain very large inheritances”explain the two amendments adopted. Reason why the texts validated by the deputies also create a new tax threshold of 49% for direct line donations (for the benefit of a child) and between spouses or PACS partners, from 3,611,354 euros taxable, compared to a rate of 45% currently from 1,805,677 euros.
Please note, these measures, although voted on in the Finance Committee of the National Assembly, will have to be debated and adopted again during the examination of the PLF 2025 in public session, which begins on October 21.
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