New activity: tax system more convenient
For those who need to register for VAT, the beginning of the year is a time of choices. There are two options best suited to new professionals. The special regime for new professional initiatives (also called "forfettino") and the simplified regime for small business owners and professionals, called for "minimum taxpayers" or "forfettone."
The accountants involved in the discussion strongly recommend the first of the two systems, if applicable. So let's try to summarize the salient features and to provide guidance on how to deepen.
Upgrading 26/11/2010
The new scheme does not apply to professionals Facilitated
The proposed new preferential tax regime for new businesses announced by the Minister of Youth and the President of the Council is not about professionals and small businesses, which already enjoy these benefits since 2000.
Favorable tax regime for new business initiatives or professional (forfettino)
The scheme was introduced by art. 13 of Law 388 of 23/12/2000. For Professionals you must not exceed the € 30,987.41. The big advantage of this system is made from the substitute Income Tax at 10%. The parcels shall be no withholding tax. The VAT is cashing in and you can download, and pour directly on the only once a year. Greatly simplifying the issue, let's say you can opt for this procedure if it is the first time you open a VAT for that type of activity. The simplified requirements, and the right to a tutoring service at the tax office allow you to save on the expense of the accountant. And despite this, there are honest accountants who advise to opt for this scheme, because the taxes are 10% and you can always download the VAT of purchases or expenses. The free ride only lasts for three years.
Simplified regime for minimum taxpayers (forfettone)
The scheme was introduced by the Finance Act of 2008. Should not exceed 30,000 euro compensation for the year. You pay a single rate of 20% calculated on the difference between revenues and expenses (including compulsory contributions) evaluated with a cash basis. It was not subject to sector studies. VAT does not pay, but you can not even download. You can not have expenses for employees or co-workers, but you can download other expenses. Each invoice must be greater than 77,47 € put a stamp of 1.81 € [sic]. This regimen is recommended for those who have no expenses, or work for individuals, and for those who can not take advantage of the subsidized regime.
12/01/2010
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Translated via software
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Source:
Italian version of ReteArchitetti.it