New rules hit self-employed wallets

New rules hit self-employed wallets

From May 1, new rules came into force that will change the way 3.3 million “autonomos” (sole traders) calculate and pay their Social Security contributions — and it could mean they end up paying more, much more, unless they act fast. Gone are the days of choosing your contribution base and sticking with it. Under the revamped system, self-employed workers must now update their income forecasts… Source

A micropyme of photovoltaic installations, with customers in more than one province; an online sales trade of electronic products, or a local passenger transport firm. At first glance, it may seem that these businesses would be outside the regulatory radar, and yet they are micropymes and professionals who will have to fulfill the new obligations imposed by the imminent Law of Customer Care, which is already in advanced stage of parliamentary pr…