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I pay £130,000 ($168,000) to the government in income tax each

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Thread replies: 33
Thread images: 6

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I pay £130,000 ($168,000) to the government in income tax each year. That doesn't include National Insurance or VAT.
How is this allowed?
>>
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>>133532826
Why did you have to leave the EU
>>
>>133533859
How is that relevant Helen?
>>
>>133532826
>to the government
i think you mean to say *to the queen
>>
>>133532826
because you'remaking way more than that?
>>
Get a better accountant
Preferably a jew
>>
>>133532826
You're bad at taxes? I only had to pay $80k last year.
>>
>He doesn't put income as capital assets in his company.
>>
Learn to manage your money in a way that is tax advantaged.

Also dollar amount doesn't matter if your percentage is low.
>>
>>133533859

I'm sure hans is making the finishing touches to Greece's new tax IT system as we speak

If he hasn't already
>>
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>>133532826
>>
>>133534554

Oh shit i'm spanish

UK flag is definitely higher lvl on here

Sorry spain
>>
>>133534554
>>133534870
>replying to yourself
>reddit spacing
just remove yourself cunt
>>
>>133534353
Tree fitty trhe
>>
>>133534249
It is a very good income, making you top 1%, but I'm in a similar position and let me tell you, the stuff you can do with that kind of income is usually not worth it.
You can create a LLC and buy real estate to rent it out, but with these real estate prices today is questionable if you'll ever profit from it.
There are much people with connections and much more experience working in these fields, as a small fry you'd be lucky to not make a loss.
>>
>>133534035
Kek
>>
>>133532826
>I pay £130,000 ($168,000) to the government in income tax each year.
Because the Queen needed a new pair of shoes.
>>
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>>133532826
sounds like you should hire an accountant lad
>>
>>133535174

Hello friend

I don't actually go on reddit

But maybe you should try replying to yourself

Very good fun
>>
>>133534353
>not buying your car and listing it as a company vehicle
>>
>>133535269
By the way, I believe 15 years ago you could have invested your money in real businesses and you would have been able to make some money.
But today everything is regulated to such an insane degree that it has become pointless if you are not a specialist in these fields AND pay lawyers to navigate regulations.
So I for myself am investing nothing, not a dime from the income I make. It just uselessly sits around in a bank account.
That's how you strangle an economy.
>>
>>133532826
Nobody needs more than 60k a year

You're lucky the government let's you have most of your income
>>
>>133536005
You cannot buy just any type of car anymore. There's a certain amount a car is allowed to cost and only certain types of cars that you can use this way, depending on what kind of business you run.
And you have to log ever mile you drive and why in case someone from the gov shows up to check if you really followed all regulations.
They've closed every path to make profit or pay less taxes, probably only multimillionaires can still do some shit, but I'm not even sure there.
>>
Congratulations on the money, my man. That's much more than me.

Go see an accountant/tax lawyer?
Or ask a mate what they do? Maybe they know a good accountant so there's less risk with them vouching.

What if you asked for some of your pay in assets or crypto currency?
>>
>>133536679
>congratulations on the money, my man! much more than me

Jesus how much of a capitalist asslicker can you be, wanna suck his dick while you're at it?
>>
>>133536945
Do you know what we Socialists do with useless eaters? Do you produce something of value that justifies your existence?
>>
>>133536260
>>
>>133537175
Except capitalists do nothing of value than be parasites on the labor of the proletariat
>>
>>133536945
I assume it's a guy around my age (late 20s) and congratulate him on his success.

If he got his money defrauding society then well, congratulations rescinded.
>>
oh idk, you make an assload of money?
>>
it's your fair share

rich white men should pay for my birth control and gender studies course, sorry sweetie
>>
>>133532826
>paying taxes

I love me my tfsa.
>>
>>133538469
if thats true why do the majority of businesses fail
Thread posts: 33
Thread images: 6


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