Open VAT Number With a Flat Tax Scheme

Welcome back to Financial Empires, today we will see why it is convenient to open a VAT number on a flat-rate basis, what are the differences with the ordinary regime, the requirements to access it but above all how much are the taxes to be paid in total to get a complete picture and understand if it is convenient. open a VAT number with this new regime.

What is the flat tax scheme?

The flat-rate regime is essentially a tax regime introduced in 2014 and subject to important changes with the 2019 budget law. Through this tool it is possible to obtain benefits in economic terms especially if you are about to launch a new business.

This new tax regime is available by opening a VAT number only for activities set up as a sole proprietorship and with a maximum ceiling of revenues not exceeding 65,000 euros, therefore those who have a turnover exceeding the indicated figure will not be able to access the benefits that this tax regime includes.

Requirements for opening a flat-rate VAT number

All those who meet the following requirements can access the 2022 flat-rate scheme:

  • Revenues not exceeding 65,000 euros
  • Income from employment up to 30,000 euros per year
  • Expenses for hiring and employee salaries up to 20,000 euros per year

Taxes and contributions to be paid with the flat-rate scheme

For those who meet the requirements there are important privileges in accessing the flat-rate regime, one of these are the taxes to be paid, certainly more accessible and less expensive than the ordinary regime, on the other hand it must be said that with the first you can download practically anything.

As for the flat-rate scheme, you will only pay the so-called substitute tax that takes the place of personal income tax, IRES, and others. The substitute tax is equal to 15% of revenues and is reduced to 5% in the first 5 years of activity and is calculated only on the profitability coefficient which for example for bloggers, web designers, web influencers, photographers is 78% of total revenues minus the contributions.

As for the contributions to be paid, it must be said that for professionals without cash such as those just mentioned who work on the web there are no fixed contributions, this means that if you do not earn anything you will not have to pay any contribution, and you will be enrolled in the management. separate INPS.

The story is different for those who have a pension fund, it is the case of lawyers, doctors, architects and so on who have mandatory minimum contributions + variable contributions on the excess.

The calculation of INPS contributions flat-rate scheme for self-employed professionals without cash is made on the basis of taxable income: the profitability coefficient is 78% and the contribution rate is 25.72%.

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Financial Empires, The Editorial Staff



FINANCIAL EMPIRES is a web site magazine founded by Corrado Firera in 2021. The mag is focused on business, money and Investments topics. Our first purpose is to give you information and news. Please be sure to read our disclaimer policy.

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