Google trend - Seuil TVA auto-entrepreneurs

Seuil TVA auto-entrepreneurs - 10 things to know with detail

• Threshold: The threshold for VAT registration for auto-entrepreneurs in France is €34,400 for services and €85,800 for sales of goods. Once you exceed these thresholds, you are required to register for VAT.
• Exemption: Auto-entrepreneurs benefit from a VAT exemption if their annual turnover does not exceed the thresholds mentioned above. This means they do not charge VAT on their sales but also cannot recover VAT on their purchases.
• Opting in: Auto-entrepreneurs have the option to voluntarily register for VAT even if they do not exceed the thresholds. This can be beneficial if they want to reclaim VAT on their purchases and appear more professional to their clients.
• VAT rate: The standard VAT rate in France is 20%, but there are reduced rates for certain goods and services. Auto-entrepreneurs must charge the appropriate rate on their sales.
• Invoicing: Auto-entrepreneurs who are registered for VAT must include their VAT number on their invoices. They must also clearly state the amount of VAT charged on each transaction.
• VAT returns: Auto-entrepreneurs registered for VAT must file regular VAT returns, usually on a quarterly basis. They must report their sales, purchases, and VAT owed to the tax authorities.
• VAT payment: Auto-entrepreneurs must pay any VAT owed to the tax authorities by the due date specified in their VAT return. Failure to do so can result in penalties and interest charges.
• VAT deductions: Auto-entrepreneurs registered for VAT can reclaim the VAT they have paid on their business expenses, such as supplies and equipment. This can help reduce their overall tax liability.
• Flat-rate scheme: Auto-entrepreneurs can also opt for the flat-rate VAT scheme, which simplifies VAT calculations. Under this scheme, they charge a flat rate of VAT on their sales and cannot reclaim VAT on their purchases.
• Consultation: It is always advisable for auto-entrepreneurs to consult with a tax professional or accountant to ensure they are compliant with VAT regulations and to maximize their tax savings.