BIC or special BNC?
desharris
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I am in the process of filling out the URSSAF auto-entrepreneur business application in France and it asks:
Vous relevez du r茅gime fiscal micro (BIC ou sp茅cial BNC). Option pour le versement lib茅ratoire de l’imp么t sur le revenu calcul茅 sur le chiffre d’affaires ou les recettes.
Is this a good option if I think my first year will only bring in a low income? I’m wondering if that means I will only be taxed on the amount of revenue I have. If I don’t opt for that, are you taxed totally on the 32,000 euros? On further reading, it looks like that means I can pay quarterly, instead of all at once annually. Would this be correct?