Auto-Entrepreneur Status and Taxation Quiz

Study Notes

The auto-entrepreneur status is a legal status that allows you to combine the simplified tax and social rules of a micro-BNC with the simplified social security system of a micro-social.
To benefit from the status, you must be part of the eligible professions and have an annual turnover of less than 72 600 €.
The auto-entrepreneur status is available to residents of the Ile-de-France region.
The budget for the status is 12 million euros per year.
The number of beneficiaries is expected to reach between 20,000 and 30,000 people in the region.
The micro-BNC regime is for self-employed people and regulated liberal professionals, such as physicians, dentists, nurses, pharmacists, lawyers, etc.
The micro-BNC regime offers a flat rate for expenses, regardless of the activity.
The micro-BNC regime is more advantageous than the micro-social regime, as it allows for the deduction of meal expenses.
There are some exceptions to the deduction of meal expenses, such as for individuals under the real regime (BIC or BNC) or company managers under the TNS (self-employed) regime.
Executives who are considered to be employees are not allowed to deduct meal expenses.
The sole proprietor is allowed to deduct meal expenses both at home and away from home.
The maximum amount you can deduct for meal expenses is €14.40 per day.
Only meals paid for in the interest of the company are deductible.
The deduction of meal expenses is advantageous over that of restaurant expenses.
The rule does not allow for a frequent use of restaurant expenses in liberal health care.
Meals taken as part of a business trip or seminar are fully deductible.