5 Questions
What is the micro-BNC regime?
A simplified tax regime for small businesses
How much is the estimated turnover excluding taxes for the micro-BNC regime?
72,600 euros
What percentage of the income received is deducted for professional expenses in the micro-BNC regime?
34%
What type of tax return is required for the classic tax regime of micro-BNC?
n°2042-C Pro
What is the percentage of tax deduction for the BNC in micro regime?
2.2%
Study Notes
- The micro-BNC regime is a simplified tax regime for small entrepreneurs who do not need to keep accounts.
- In micro-BNC, the expenses are calculated in a fixed way and estimated at 34% of the receipts. You therefore pay taxes on 66% of your receipts in micro-BNC status.
- The micro-BNC regime is open to natural persons carrying out a non-commercial activity whose turnover excluding taxes is less than 72,600 euros (figure 2021).
- You can also benefit from the micro-BNC regime for the first two years of your activity.
- The flat-rate deduction for micro-BNCs allows the individual to benefit from a flat-rate deduction for professional expenses of 34% on the annual income received, excluding taxes.
- The classic tax regime of micro-BNC requires the individual to fill out a supplementary income tax return n°2042-C Pro with their turnover without abatement. This system may have the disadvantage of not keeping track of your income on a day-to-day basis.
- The principle behind the payment in full discharge of income tax is that you pay your taxes according to what you earn, at the same time as your compulsory personal social contributions micro-BNC.
- The percentage of tax deduction is 2.2% for the BNC in micro regime.
- Make sure you understand the implications of paying your taxes in full discharge before doing so, as it may cost you money.
Test your knowledge about the simplified tax regime for small entrepreneurs known as micro-BNC, which allows for fixed expense calculations and flat-rate deductions for professional expenses. Explore the implications of choosing the micro-BNC regime and the potential advantages and disadvantages of this tax system.
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