3/2/2024 0 Comments Why not a flat taxSo in concrete terms, the first step is aimed at self-employed workers under the flat-rate scheme, who will see a shift in the maximum income threshold from 65,000 euros to 85,000 euros. The new Budget Law, being drafted these days, is moving in that direction, however, it seems to be more feasible to raise the threshold to 85,000 euros. That’s right, there has been talk for years about expanding the threshold to 100,000 euros in annual income. ❓ And will the annual income limit change in relation to Flat Tax? There are then several other limits to be met that I will not list now, but you can read about them here. A s mentioned they already have a form of flat tax, and a change will be made to the maximum income threshold allowed to fall under this regime, also known as “facilitated.”Ĭurrently, to fall under this tax frame, the first requirement is to have a maximum annual income of 65,000 euros. The first step will involve a change in the flat tax regime for self-employed workers. ❓ Let’s get straight to the point, what should we expect with the Flat tax 2023?ĭefinitely it will be a pathway and not everything will be introduced right away. In fact, a fixed rate is applied to these at the tax base (income on which taxes are paid), which is currently 15 percent.įor more information, see this guide for a deeper look: Flat tax 2023 It therefore represents a tax measure with precise rules to follow.įor the past few years, a form of flat tax has been brought to self-employed workers. This is a precise type of taxation that differs from the others in that it applies a single flat tax rate, hence the name “flat tax”. ❓ There is a lot of talk about Flat tax these days, can you tell us what it is? This guest post is written by one of FlexTax’s qualified tax consultants to clarify all doubts about the topic of the moment in the tax field: the flat tax.Ībout FlexTax: FlexTax is the online accountant service that follows every aspect of accounting management for self-employed workers under the flat-rate and simplified ordinary regimes, from the opening of the VAT number to the tax return.
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