Podcast
Questions and Answers
What is the maximum turnover for eligibility in the micro-BNC regime?
What is the maximum turnover for eligibility in the micro-BNC regime?
How long do you have to practice without worrying about your turnover?
How long do you have to practice without worrying about your turnover?
What are the tax benefits of the micro-BNC regime?
What are the tax benefits of the micro-BNC regime?
What are the two choices for eligible practitioners?
What are the two choices for eligible practitioners?
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When is it beneficial to opt for the 2035 controlled declaration?
When is it beneficial to opt for the 2035 controlled declaration?
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Study Notes
- You are eligible for the micro-BNC regime as long as you are your first year of practice.
- The eligibility rules for micro-BNC are simple: you are eligible as long as your turnover does not exceed 72 600 €.
- From now on, the calculation method is much simpler: you are still eligible for the micro-BNC as long as it is your first year of exercise.
- If you do not know if you will exceed the threshold, you do not have to worry: you have two years to practice without worrying about your turnover.
- The micro-BNC regime offers tax benefits in the first and second years of the declaration period, but these benefits are lost if you make a controlled declaration in year three.
- If you are eligible for the micro-BNC regime, you have the choice between the micro-BNC and the 2035 controlled declaration.
- The rule is relatively simple to determine whether it is worthwhile to opt for the 2035 controlled declaration. That is to say, to join the big league from the first year. If your expenses represent more than 34% of your receipts according to your estimates, then it mechanically becomes more interesting to make a declaration 2035 with the controlled declaration system.
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Description
Test your knowledge on the eligibility rules and benefits of the micro-BNC regime for taxation. This quiz covers criteria such as turnover limits, controlled declaration, and the choice between micro-BNC and 2035 declaration.
