Profit from sales as a profession liberale
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I am registered under ‘profession liberale” as my business is mainly service based (design) but one of my clients has asked me to supply a considerable amount of equipment next year, to the value of around 50K. I can buy this at a trade discount and potentially make a good profit. So, should I change my status to benefit from the greater tax allowance?
The rest of my income for the foreseeable future is likely to be 90% from services and will be considerably less turnover.