Hi all,
I was just wondering if anyone knew details had been released about likely cotisation payments for MicroBic etc with relatively low earnings?
I am resident in France and already work full time as an employee, but was wanting to do some Internet work on the side for UK customers. A realsitic annual turnover for this extra work would be around 5000 Euros, possibly rising slowly over subsequent years. Obviously under the old scheme the minimum social security payments would have rendered this probably not worth the bother!
Does anyone know what my likely cotisation payments would be on a turnover of 5000 Euros? And if this was likely to change (and when) with the supposed new "pro rata" payment regime I've heard about?
I was hoping to register the business to commence trading from 1 Jan 2008... Any advice gratefully received! :-)
Many thanks, Richard
As it happens I found some information on a french social web site the other night and there is likely to be a new law coming in that refers only to micro enterprises and you would be able to submit evidence of your actual turnover every 3 months and then your cotisations would be charged accordingly at a rate of 24% of turnover, This is applicable where you are supplying labour only (it is 14% for those in manufacturing). They said that this would be more realistic and hope that more people would come forward rather than working on the black. In addition to this you would be liable for french pension payments that are normally E166 per month however if you are on a very low income you can appeal to pay only the minimum of E60 per month.
I have spoken to an english speaking liason we have with our chambre de metiers and she has said this is correct however they have no definite start date, I did read that the start date was 1 January 2008.
Best of luck with your venture.
Jo
<<In addition to this you would be liable for french pension payments that are normally E166 per month however if you are on a very low income you can appeal to pay only the minimum of E60 per month.>>
Jo, thanks for that. So if I understand right, the french pension payments would still be almost 2000 euros per year, despite the new law? (I don't think I'd qualify as a very low earner due to my full time job!). I suppose it's better than before however.
On another note, would it entitle me and my wife to a Carte Vitale? My full time job is outside France, and in Haute Savoie they don't give you one if you work across the border!
Have a look at this page http://mamicroentreprise.free.fr/article.php3?id_article=88
I find these things very difficlut to understand but seems to be implying a a minimum level of cotisations of about 1400€ (resulting from a turnover in a microbic of less than 10000€)
Theres a huge amount of info on the website.
Looks as though this new low earnings rule is now in operation. I have just set up a business to at least keep me in the health system, and this will be a great help.
http://www.french-property.com/newsletter/2008/3/18/social-security-contributions-in-france/
Hi Anyone, what would be our best bet.
We want to open a Chambre d'Hote and as we cannot guarantee an income, is it best to do (regime re'eal) ??? for declaration or is the Micro way best.
Thanks.
Pepsisue (novice)
Please note that any unsolicited advertising will be removed