9 Questions
Which of the following is true about the auto-entrepreneur status?
It is only available to residents of the Ile-de-France region.
What is the maximum amount that can be deducted for meal expenses?
€14.40
Who is not allowed to deduct meal expenses?
Executives
Who is allowed to deduct meal expenses?
Sole proprietors
What is the budget for the auto-entrepreneur status?
€12 million
What is the maximum annual turnover to benefit from the auto-entrepreneur status?
€72,600
What type of expenses are deductible for the micro-BNC regime?
Meal expenses
Which of the following is true about meals taken as part of a business trip or seminar?
They are fully deductible
What type of profession is eligible for the auto-entrepreneur status?
Self-employed people and regulated liberal professionals
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.
Test your knowledge on the auto-entrepreneur status, micro-BNC regime, and tax deductions for meal expenses with this quiz. Explore the eligibility criteria, annual turnover limit, and specific regulations for professionals in the Ile-de-France region.
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