51½ñÈÕ´ó¹Ï

My husband and I are non-EU citizens, planning a move to France.  We intend running the following 51½ñÈÕ´ó¹Ï:

We will be leasing an old Chateau and will offer the following:

• Renting out 2 gites
• Operating a Chambre d’hotes and Table d’hote
• Having events and other functions at the Chateau

My husband and I will operate this as our 51½ñÈÕ´ó¹Ï and both of us will work in the 51½ñÈÕ´ó¹Ï.

My questions are:

1.    Based on research we’ve done and the projections we made, is my interpretation of the various taxes and social charges for each of the types of 51½ñÈÕ´ó¹Ïes (i.e. micro enterprise vs sole proprietor) correct?  Does my list include all taxes and social charges and contributions that should be considered for operating a 51½ñÈÕ´ó¹Ï under these regimes?

Micro Enterprise:

• Social Security charges will be 12.8% of Total Revenue
• Professional Training Contribution of 0.1% of Total Revenue
• Chambre d’hotes contribution of 0.0015% of Total Revenue
• Taxable Income calculated as Total Revenue less 71% expense allowance
• Conjoint Collaborateur charge, calculated as 58% of Total Revenue x 12.8%
• Tax calculated as Taxable Income divided by 2 (we are two in the household) – looking at the tax band – and then applying the tax formula being: (Net Taxable Income x %Tax based on tax Band) - (1 372,98 x Number of parts in household)

Sole Proprietor:

• Social Security Contributions for both of us will be calculated as 45% of Net Profit (The social security contributions then become income tax deductible)
• Taxable income then calculated as Net Profit less Social Security contributions
• Tax calculated as Taxable Income divided by 2 (we are two in the household) – looking at the tax band – and then applying the tax formula being: (Net Taxable Income x %Tax based on tax Band) - (1 372,98 x Number of parts in household)

2.    Are these the best options for us to run the 51½ñÈÕ´ó¹Ï (at least as a start in our first years)?

3.    Please explain the impact of VAT (TVA) – to me it seems as if we will be over the VAT limits and VAT would be payable, but I am unsure where/how to calculate it and where/how to deduct it.

Many thanks