Understanding the Auto-Entrepreneur Regime
5 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is an auto-entrepreneur?

  • A company with accounting and administrative facilities (correct)
  • A one-person business
  • A flat-rate deduction for their professional expenses
  • Reduced social security contributions
  • What is the maximum turnover for an auto-enterprise?

  • 72 600 €
  • 176 200 € (correct)
  • 250 000 €
  • 500 000 €
  • What is the flat-rate deduction for micro-BNC?

  • 20%
  • 34% (correct)
  • 50%
  • 71%
  • What type of tax can auto-entrepreneurs choose between?

    <p>Withholding tax and payment in full discharge of income tax</p> Signup and view all the answers

    Which of the following is not true about an auto-entrepreneur?

    <p>It can have a turnover of up to 500 000 €</p> Signup and view all the answers

    Study Notes

    • An auto-entrepreneur is a company with accounting and administrative facilities, as well as lower tax rates and social security contributions.
    • If this regime was made to create one-person businesses, nothing legally prevents an auto-entrepreneur from hiring employees, but it is not the most suitable status.
    • The characteristics of the auto-enterprise are a turnover of less than 72 600 € (micro-BNC) or 176 200 € (micro-BIC) for two consecutive years, a flat-rate deduction for their professional expenses (rather than a deduction of expenses on a case-by-case basis as for real companies) of 34% for micro-BNC and 71% for micro-BIC, and reduced social security contributions.
    • 12.80% to 22.20% depending on the sector of activity and the pension fund; Possibility to choose between withholding tax and payment in full discharge of income tax

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    Learn about the characteristics and benefits of the auto-entrepreneur status, including lower tax rates, flat-rate deductions for professional expenses, and reduced social security contributions. Explore the turnover criteria and the option for withholding tax or full discharge of income tax.

    More Like This

    Use Quizgecko on...
    Browser
    Browser