Quote:
Originally Posted by net
I also have a question, how do you deal with the taxes  ? I pay 10% of my income in my country. and still, 10% seems like a lot to me. |
here in Spain we pay 21% tax on all our income & due to creating the content, we also pay 21% vat...
It´s a lot to pay out, seeing nearly half your earning go to the tax & vat man!
not sure the amount is VAT in the UK, US or other countries for creating content, but if correct, every content creator should be paying VAT, you´ll have to speak with your accountants
We also pay autonomo here in Spain, this is similar to NI in the UK, I suppose in the US, national insurance is paid as a medical insurance & separate pension.