If I were to become a LMP would receive an abatement of 50%?

Debs

3 Feb 2014 at 16:51 · Viewed 1750 times

As an auto entrepreneur with receipts of €25,000, one pays 1% (€250) tax and 14.2% in social/other charges (€3550) to the RSI. If I were to become a location en meublé professionnelle (LMP), am I correct in thinking that I would receive an abatement of 50% (or 71% if have a star rating) on the receipts of €25,000, so taxable income would be either €12,500 or €7,250? At what percentage would the tax and social charges then be payable at?

Answered