What are the principles of the pension as a self-employed?
The pension for the self-employed : this idea itself could discourage you from becoming self-employed. And yet: you can have a pension worthy of the name. Better still, by preparing this pension, you can reduce your taxes as a self-employed person today.
Below is a quick explanation with the principles of the pension for a freelancer.
1- Your mandatory legal pension :
It's paid through your social contributions every quarter.
You must contribute for at least 30 years as a self-employed in order to benefit from this pension.
The amount you will receive depends on the amount of your earnings (and therefore on how much you have contributed through social contributions).
2- Your optional supplementary pension:
You can subscribe to a supplementary pension of your choice
The amounts you save each year are 100% deductible from your taxable income.
The conditions (amounts, use) are generally flexible.
How much do I need to invest in my FSPSE?
We have prepared a pension simulator especially for you: visualize the amount of your legal pension according to your situation, and estimate the amounts and advantages of a supplementary pension.
How does it actually work in the Accountable app?
1- For your social contributions:
They are encoded as expenses, in the category "social contributions".
There is no VAT on social contributions.
The amounts are automatically deducted from your taxable income for the calculation of your Personal Income Tax.
2 ways to easily find these amounts
go to Taxes > IPP declaration > 5- income statement
go to Export > Income statement
2- For your FSPSE :
They are encoded as expenses, in the category "Pension Plan".
There is no VAT on this expense.
The amounts are automatically deducted from your taxable income for the calculation of your Personal Income Tax.
2 ways to easily find these amounts:
go to Taxes > Income tax submission > 5- income Profits and Losses
go to Data export > P&L
In your income tax declaration, the FSPSE will be found in code 1632 or 1656, depending on whether you work in the commercial or liberal sector, i.e. the same code as for social security contributions. |