Best choice of fiscal r茅gime for an auto-entrepreneur?
Jim
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I鈥檓 doing some initial research into the auto-entrepreneur scheme before deciding whether to take the plunge. The aspect that I鈥檓 currently looking at is the choice of fiscal r茅gimes and I’ve done some calculations to help determine the least expensive option. I’d very much appreciate your thoughts as to whether they appear correct. Proposed activity code is 96.09z (Homme de toutes main). For the sake of the calculations I’ve assumed an annual turnover of 32,600 euros.
- R茅gime classique de la micro-entrepise (BIC) (annual declaration of income) Turnover = 32,600. 50% abattement (artisan) = 16,300 thus taxable income is 16,300. I鈥檓 married with two young children therefore we have 3 parts. 16,300/3 = 5,433. 5,433 less than 5,963 (2012 French income tax bands) thus I鈥檇 have a zero percent income tax liability.
- Versement Fiscal Lib茅ratoire Annual turnover = 32,600 so assume 2,717 per month. At a 1.7% tax rate I鈥檇 pay 46.18 a month which equates to 554 euros annually. Clearly, for my situation, the above calculations suggest that not opting for the Versement Fiscal Lib茅ratoire would be advantageous.