You have probably heard of direct estimation (normal and simplified) and modules. We will tell you the difference and in which case the simplified direct estimation is applied.
The way you register as self-employed with the Treasury will influence the way you pay income tax, so you will have to assess what is best for you.
There are two different regimes:
Direct estimate. You pay taxes based on transportation email list your income. Direct estimate can be normal or simplified, depending on whether a series of requirements are met, which we detail in the following section.
Objective estimate (modules). You pay taxes based on an objective estimate made by the Treasury of the income you will have, taking into account statistics from companies working in your same sector.
To whom does the simplified direct estimation regime apply?
It applies to self-employed persons who meet the following requirements:
That the activity they carry out is not subject to the objective estimation regime.
That the net amount of the turnover does not exceed 600,000 euros in the previous year.
That the application has not been waived.
That the self-employed person does not carry out any other activity that is subject to normal direct estimation.
How is net return calculated?
The net profit that will allow us to know our turnover is calculated by applying the rules of the Corporate Tax, that is, subtracting expenses from income and applying a series of particularities.
Depreciation of tangible fixed assets is carried out on a straight-line basis following a simplified depreciation table.
Deductible provisions and expenses that are difficult to justify are quantified by applying 5% of the positive net income, excluding this concept.
Performance will be reduced if there is an irregularity.
Income can come from: sales of products or services, compensation received or self-consumption. Expenses must be deductible expenses such as operating expenses, personnel, rentals, financial expenses, etc.
