Declare VAT: consult the section of the article dedicated to VAT to find out if you are affected by this obligation
Keep all your declarations and all supporting documents relating to the operations carried out within the framework of your activity
What social security contributions must be paid by the self-employed?
Social security contributions are paid according to middle east mobile number list the turnover achieved and are based on rates that depend on the activity carried out. They change regularly.
Social security contribution rate as a % of net turnover for self-employed entrepreneurs
Since October , From July ,to December , From January ,to December , From January ,
Purchase/resale of goods (Industrial and Commercial Profits
Provision of commercial and craft services (Industrial and Commercial Profits)
Other services (non-commercial profits)
Rental of classified tourist accommodation
What is the taxation of self-employment?
Taxation is carried out after application of a flat-rate deduction. The rate of this deduction varies according to the category of activity:
For other services For example, if you sell goods complete guide to seo beginners [search engine optimization] and have a turnover of €, excluding tax. Your annual income will be estimated at €, excluding tax after applying. The deduction: [€, excluding tax x (% – %) = €, excluding tax].
It is possible, when certain criteria are met, to opt for a flat-rate payment of Income Tax (IR) which allows you. To pay income tax and compulsory social security contributions at the same time. The rate is calculated based on a percentage of turnover:
Otherwise, the micro-entrepreneur is by lists subject to IR which is calculated. On the basis of the annual income which results after application of the flat-rate deduction.
As a self-employed business, you are not required to charge VAT to your customers as long as your turnover excluding tax is below a certain ceiling:
Service provision activities: €, for year Nand €, if the turnover for the previous year was less than €,, for service provision activities
Purchasing and selling activities: €, in year Nand €, if the turnover for the previous year was less than €,
Remember that the self-employed person’s invoices
If the VAT exemption is lost, VAT must be taken into account in accounting and transactions. Which complicates the management of the micro-enterprise and makes this regime lose its simplicity from an accounting point of view.
The VAT rates you charge depend on your business. For most goods and services, you must apply the standard rate of %, but in some cases it may be lower. For example, if you sell prepared food products or non-reimbursed medicines, you must charge the intermediate rate of %.
