This question is asked by many entrepreneurs without always having the answers. We offer you an overview of the solutions to succeed in your tax optimization.
If your company is subject to corporate tax, you can benefit from a tax deduction on the majority of current expenses. However, certain conditions must be met for these expenses to be considered deductible.
To be deductible, an expense must:
These expenses may include various types of expenses such as raw material purchases, travel expenses, office supplies, advertising expenses, or vocational training. Well managed, they effectively reduce the company’s tax base and maximize its profitability.
WARNING: Some charges, although accepted in accounting, must be reintegrated fiscally. They do not therefore reduce the taxable base despite being recorded as a charge.
Reducing taxable profit can be a legal strategy of tax optimization to reduce corporate tax (IS). Some effective methods include:
– Temporarily reducing activity: By temporarily slowing down your activity, you reduce the turnover and therefore the taxable profit. However, this strategy must not jeopardize the financial health of the company.
– Increase the manager’s salary: By paying you a higher salary, you increase payroll taxes, which automatically lowers the IS base.
– Financing the supplementary retirement of employees: This expenditure is deductible and reduces contributions to the IS.
– Use employee savings: Paying a part of the profits to employees’ accounts (between 3,000 and 6,000 euros) reduces the share subject to tax.
– Invest in capital assets: The depreciation of your investments gradually reduces taxable profit.
These strategies can help optimize your company’s tax system, provided you comply with the legislation and act in a rational manner.
Making a donation can be an effective tax optimization strategy. You can benefit from a tax reduction of 60% on the amounts paid during the year ended December 31. This reduction applies to donations made to:
It’s a simple way to support causes while reducing your company’s tax burden.
WARNING: The tax reduction for donations is limited to 20,000 euros or 5% of the company’s annual turnover, whichever is higher.
IBIZZ is the ideal solution for professionals who want to improve their online visibility while optimizing their tax system. Thanks to our platform, you benefit from services that boost your SEO and increase your turnover. In parallel, IBIZZ allows you to access private cashback offers, reducing your personal expenses while integrating them into the management of your business. This mechanism reduces your taxable profit and, therefore, your corporate tax. Win on all fronts with IBIZZ!
