What is flat-rate taxation?
Flat-rate taxation is a simplified income tax system mainly for sole proprietors and small entrepreneurs. Instead of itemized deductions, a fixed cost ratio is applied to determine taxable income.
Who can opt for it?
Only businesses under a specific revenue threshold and within eligible activities can use this scheme. The deductible cost rate varies by sector.
Pros and cons og flat-rate taxation
- Less paperwork
- Simpler tax filing
– Cannot deduct actual expenses
– Revenue limits apply
Official definition
A tax regime where income is calculated using fixed expense ratios instead of actual expense documentation.
Related Services
Tax compliance
The outsourcing of taxation tasks is always custom-tailored to the specific needs of our clients.
Tax consultancy
We offer solutions tailored to our clients’ specific needs and business objectives, as well as solutions optimised for industry specificities.
Complex tax consultancy
We offer a complex consultancy service for companies looking for “generalist” tax consultants who can support their organisation.
Flat-rate tax consultancy
Clients who choose our flat-fee service have access to the support and advice of our team, which is always available, at a predictable cost.