Income Declaration SNC
Snowdrop
Answered
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I registered a Societe en Nom Collectif (SNC) with my fellow partners back in October 2018. I have received Appel de Cotisations for both 2018 & 2019 which I understand are on a provisional basis. However, I have not yet been asked for an Income Tax declaration.
My questions are:
- Do I need to make a Tax Return for 2018 (although zero income)?
- Will it automatically change the social charges notice?
- At what level of income would I classify as a micro-entrepreneur (my share of anticipated income is less than 2000euros pa)?
I am a UK tax resident for all other purposes.
Thank you