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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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The information here is of a general nature. You should not act or refrain from acting on it without taking professional advice on the specific facts of your case. No liability is accepted in respect of these articles. These articles are intended only as a general guide. Nothing herein constitutes actual financial advice