Main developments in 2024 for self-employed workers and SMEs

• In 2024, new significant changes appear for self-employed workers and small and medium-sized businesses to take into account

Below, we present a series of relevant aspects that are to come:

The self-employed quota will be adapted to real income

The great news of implementation of the new contribution system, based on real income in 2023 for the self-employed, will continue to be relevant in 2024.

In its first year of application, the lowest sections have seen their social security contributions reduced, with a minimum amount of 234 euros per month for net returns of less than 670 euros. Net monthly returns exceeding 6,000 euros will pay a minimum monthly fee of 509 euros.

In the following link you can calculate fees that would correspond to you, according to your performance.

During 2024, the quote table will undergo modifications significant. Specifically:

• in the lower sections, the fees will be reduced between 2.1 and 3.8 %
• in the intermediate sections, they will remain the same as in 2023
• in the upper reaches, they will increase between 2.5 and 6 %

👉 Related news: How to change the contribution base

Franchise VAT for the self-employed: goodbye to the quarterly declaration for incomes less than 85,000 euros

The collaboration between self-employed associations and the Treasury seeks to implement the Directive (EU) 2020/285 starting in 2025, eliminating the obligation to declare quarterly VAT for self-employed workers with annual income of less than 85,000 euros.

The self-employed may opt for the special VAT exemption regime, exempting them from quarterly and annual declarations, as well as from issuing VAT invoices.

The entry into force will be in 2025, with preparatory phases during 2024.

Digital Kit for communities of goods and civil societies: access to digital transformation

With the recent modifications in the regulatory bases of the Digital Kit program, communities of property and civil societies can now access their digital voucher. However, they must meet certain requirements, such as establishing anti-fraud measures and meeting Digital Kit Program standards.

The call for these grants will be open until December 31, 2024.

Mandatory income declaration for all self-employed workers in 2024

Starting in 2024, all self-employed workers will be required to file their income tax return, regardless of their income. This change arises with the new contribution system in force since January 2023, eliminating the previous annual net return limit of 1,000 euros.

Therefore, all those entrepreneurs who at some point have been registered in the year 2023 will have the obligation to submit the annual income tax return.

👉 Related news: Obligation to file income tax returns in 2024 for self-employed workers

Electronic invoice, delay in its implementation

Although the law creates and grows, approved in 2022, establishes the obligation of electronic invoices, its entry into force is delayed.

The regulation, currently in process, will determine deadlines for adaptation, varying between 1 and 2 years depending on annual billing.

In conclusion, the year 2024 is presented as a key period for self-employed workers and SMEs, marked by substantial changes in fiscal and operational dynamics. The landscape is redefined with the aim of easing the financial burden and simplifying processes.

In this transformation scenario, anticipation and adaptability become fundamental allies.