The versement transport exchange 1 July 2018

MIL OSI Translation. Government of the Republic of France statements from French to English
Credits : © Jean-Michel Leclercq – Fotolia.com

Since July 1, 2018, the rate of versement transport (VT) is changing.

The versement transport (VT) is a local contribution of employers which provides funding to transit. It is to be collected by the Urssaf in respect of social security contributions to be paid to the transport organising authorities (commune, department or region, for example).

You will find your rates are updated in the circular of the Urssaf of the may 31, 2018.

EDITOR’S NOTE: This article is a translation. Please forgive us should the grammar and/or sentence structure is not be perfect.