Updated on
20/12/2023
Conjoncture Tax Credit (CIC)
What is CIC? — The Conjoncture Tax Credit (CIC) is a temporary tax credit introduced by the Luxembourg government in July 2023, with retroactive effect to January 1, 2023. In other words, the CIC is a helpful financial boost to help you weather the rising costs for energy, food, and other essentials. It is also a sign of the government's commitment to supporting its citizens during difficult times.
Who is eligible for the CIC? — The CIC is granted to all taxpayers with income, provided that their gross monthly salary is at least 1.125 €.
How much is the CIC? — The monthly amount paid is calculated on the basis of each individual's monthly salary, with a maximum of 54,25 €.
How do I receive the CIC? — The CIC is incorporated directly into the payslip, in the same way as the CIS and CISSM.
When does the CIC expire? — The CIC is temporary and is supposed to expire on December 31, 2023.
Examples of the CIC amount depending on the gross wage can be found on our blog article here.
Who is eligible for the CIC? — The CIC is granted to all taxpayers with income, provided that their gross monthly salary is at least 1.125 €.
How much is the CIC? — The monthly amount paid is calculated on the basis of each individual's monthly salary, with a maximum of 54,25 €.
How do I receive the CIC? — The CIC is incorporated directly into the payslip, in the same way as the CIS and CISSM.
When does the CIC expire? — The CIC is temporary and is supposed to expire on December 31, 2023.
Examples of the CIC amount depending on the gross wage can be found on our blog article here.