What is my micro earning limit?
What is the limit that I may now earn as a micro-entrepreneur?
I am registered as a consultant advising clients on property renovation and I am on the micro-social simplifié. C.A.
The threshold for rendering services is €70,000 although TVA/VAT kicks in when income exceeds €32,200.
The threshold does benefit from “tolerance levels”, meaning that if the income in the preceding year exceeds the threshold and this is the first time it has done so in a two-year period, then the following year the trader can continue as a micro-entrepreneur (as opposed to moving to the réel tax regime). However, this is once-only benefit.
Reader's query answered by Hugh MacDonald
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