Fuck Taxes - GoFuckYourself.com

net · 08-01-2023, 06:11 AM

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.

Rochard · 08-01-2023, 11:51 AM

I write everything off. As much as I can.

CurrentlySober · 08-01-2023, 11:58 AM

what are taxes?

DVTimes · 08-01-2023, 12:28 PM

Quote:

Originally Posted by CurrentlySober

what are taxes?

They take you to places when you order them.

CurrentlySober · 08-01-2023, 12:48 PM

Quote:

Originally Posted by DVTimes

They take you to places when you order them.

'Order' as in shout at & demand?

NatalieK · 08-01-2023, 12:48 PM

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.

NatalieK · 08-01-2023, 01:00 PM

Quote:

What is VAT charged on in UK?
VAT is a tax on business transactions that potentially affects all purchases and sales. It is not a tax on profits. VAT is charged at 20% on most supplies, though some are taxed at either 0 or 5%.

so yes, in the UK, all supplies, E.G. creators, should be paying 20% VAT on their incomes...

here in Spain...

Quote:

What is exempt from VAT in Europe?
Some goods and services such as education, healthcare and financial services may be exempt from VAT. These sales are exempt from VAT, without the 'right to deduct'. This means you may not deduct the VAT you have paid on purchases related to such sales.

What services are exempt from VAT in Spain?
Exempt transactions
healthcare;
educational activities;
social welfare assistance;
cultural activities;
sporting activities;
financial transactions and insurance;
real estate.

other than the above it´s 21%...

the tax and vat can hurt, but then the cost of living is half that in the UK, anything, petrol, rent, insurance, food, drink, everything is very low cost & the sun´s out every day of the year, so it´s summer every day, hence the amazing life style & why i´m happy to pay the vat & tax costs

The Porn Nerd · 08-01-2023, 01:35 PM

Yeah fuck Texas!!

Damn rednecks.

Major Tom Thanks Duke · 08-01-2023, 05:54 PM

Quote:

Originally Posted by Rochard

I write everything off. As much as I can.

I need to get those electricity usage meters. I haven't been writing off any home office power.

CaptainHowdy · 08-01-2023, 06:34 PM

I avoid them by being poor . . .

Look Chang · 08-01-2023, 09:43 PM

Quote:

Originally Posted by CaptainHowdy

I avoid them by being poor . . .

Me too . . .

plsureking · 08-02-2023, 02:32 AM

curlydoggo · 08-02-2023, 03:26 AM

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.

Bulgaria? :D

In my country, it runs up to 50%... 10% sounds like a dream.

emmasexytime · 08-02-2023, 03:45 AM

Quote:

Originally Posted by plsureking

#

Tasty1 · 08-02-2023, 06:28 AM

Quote:

Originally Posted by NatalieK

so yes, in the UK, all supplies, E.G. creators, should be paying 20% VAT on their incomes...

here in Spain...

other than the above it´s 21%...

the tax and vat can hurt, but then the cost of living is half that in the UK, anything, petrol, rent, insurance, food, drink, everything is very low cost & the sun´s out every day of the year, so it´s summer every day, hence the amazing life style & why i´m happy to pay the vat & tax costs

You don't pay the VAT, the consumer does. You only collect it from them to sent it to the government.
The VAT you pay for your business, (camera's, hosting, laptop) you get back.

I was wondering how much health care cost there are.

I think on Canary Islands, the tax is less (Income Tax / VAT).

plsureking · 08-02-2023, 06:29 AM

just ran across this song XD

#

CaptainHowdy · 08-02-2023, 07:59 AM

Quote:

Originally Posted by Look Chang

Me too . . .

Tasty1 · 08-02-2023, 08:06 AM

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.

10% is a good deal. You can compete with Western Europe freelancers that pay 40% (or more) and where life is more expensive. And earn the same amount of money, but pay 30% less tax.

Retiree · 08-02-2023, 08:32 AM

Move to Panama, problem solved.

Unless you are an US citizen. ;)

Tasty1 · 08-02-2023, 09:59 AM

Quote:

Originally Posted by Retiree

Move to Panama, problem solved.

Unless you are an US citizen. ;)

And be able to bring 100 - 200K with you nowadays.

Manfap · 08-02-2023, 10:23 AM

Quote:

Originally Posted by NatalieK

here in Spain we pay 21% tax on all our income & due to creating the content, we also pay 21% vat...

We also pay autonomo here in Spain, this is similar to NI in the UK, .

Spanish taxes are pissing me off, the new automomo quotas I'm paying 500€+ a month ontop of crazy tax rates.

redwhiteandblue · 08-02-2023, 11:05 AM

Quote:

Originally Posted by Tasty1

You don't pay the VAT, the consumer does. You only collect it from them to sent it to the government.
The VAT you pay for your business, (camera's, hosting, laptop) you get back.

That is true but if you're selling to consumers, you can't collect it from them. If you're selling a product at $19.99 and then you suddenly go over the VAT threshold so you have to start paying it, you can't just add 20% onto your prices and expect to make the same sales. So effectively you're the one paying the VAT.

Klen · 08-02-2023, 11:12 AM

Quote:

Originally Posted by redwhiteandblue

That is true but if you're selling to consumers, you can't collect it from them. If you're selling a product at $19.99 and then you suddenly go over the VAT threshold so you have to start paying it, you can't just add 20% onto your prices and expect to make the same sales. So effectively you're the one paying the VAT.

If i would be lawmaker, i would make VAT automatically charged on each transaction (kind a like a cross sale on paysites) and that way seller would not need to collect it. Plus it would eliminate need for threshold

NatalieK · 08-02-2023, 11:43 AM

Quote:

Originally Posted by DukeSkywalker

I need to get those electricity usage meters. I haven't been writing off any home office power.

Electric is so low cost in Spain, thankfully due to the country running on solar & wind, due to sell electric to
Europe...

Quote:

Originally Posted by curlydoggo

Bulgaria? :D

In my country, it runs up to 50%... 10% sounds like a dream.

I thought similar! 10% omg yes please

Quote:

Originally Posted by Tasty1

You don't pay the VAT, the consumer does. You only collect it from them to sent it to the government.
The VAT you pay for your business, (camera's, hosting, laptop) you get back.

I was wondering how much health care cost there are.

I think on Canary Islands, the tax is less (Income Tax / VAT).

Agreeing, the vat is charged and then we pay the VAT to the country, but it still comes from my earnings, what goes in my bank, I pay the 21%VAT every 3 months, as should any creator...

wtg tube site owners

Health care, read below, going to speak with Manfap about automomo, this being health care & pension...

Quote:

Originally Posted by Manfap

Spanish taxes are pissing me off, the new automomo quotas I'm paying 500€+ a month ontop of crazy tax rates.

it´s gone crazy! It´s a new system, helping those that were earning less & making the situation more equal, no it doesn´t!

The lowest amount payable is for anyone earning 7k and under, then 10 and 15 and so on. So the government were making less to pay for lower earnings, but seems the lowest amount to pay out is what most people were paying anyway...

basically, they´ve just added loads on for normal earnings! ouch...

yes, it´s 500€ out of the bank monthly, however, if you ask anyone in the US or with personal healthcare, you´d pay 2k a year anyway. & with it also being pension, it´s ok, just a bit harsh.

What we´re wondering, as we paid into the UK system for over the 20 year and now paying here, hoping to pay for the next 20 year, would we receive 2 pensions each or just the one from the country we live in?

Logically, Brits live in Spain and receive the British pension, so i´d have thought if paying both countries over the years, won´t we both receive both pensions from both countries?

Manfap · 08-02-2023, 12:01 PM

Quote:

Originally Posted by NatalieK

Logically, Brits live in Spain and receive the British pension, so i´d have thought if paying both countries over the years, won´t we both receive both pensions from both countries?

You can get the years you paid into a UK pension moved over here, to count against the years you have to work, or at least you could when it was all EU, not sure now.

Tasty1 · 08-02-2023, 12:23 PM

Quote:

Originally Posted by NatalieK

What we´re wondering, as we paid into the UK system for over the 20 year and now paying here, hoping to pay for the next 20 year, would we receive 2 pensions each or just the one from the country we live in?

Logically, Brits live in Spain and receive the British pension, so i´d have thought if paying both countries over the years, won´t we both receive both pensions from both countries?

Don't know about UK situation. If you subscribe from the Netherlands, you get 2% less pension every year you ar out of the country. So if you are out of the country and not paying 20 years (you can pay voluntary in Holland to keep 100% pension), you get 40% less pension from The Netherlands. And i think Spain won't pay 100%, but also will look how many years you paid taxes there. Buti am not sure in Spain/UK. I think would be equal, else everyone would work in different countries for a few years when you get 100%.

In Holland there is also the rule, when you live abroad in a cheap country without agreements between those countries, they only pay 80% pension of the amount that you would normally get.

Manfap · 08-03-2023, 04:12 AM

Quote:

Originally Posted by Tasty1

Don't know about UK situation. If you subscribe from the Netherlands, you get 2% less pension every year you ar out of the country. So if you are out of the country and not paying 20 years (you can pay voluntary in Holland to keep 100% pension), you get 40% less pension from The Netherlands. And i think Spain won't pay 100%, but also will look how many years you paid taxes there. Buti am not sure in Spain/UK. I think would be equal, else everyone would work in different countries for a few years when you get 100%.

In Holland there is also the rule, when you live abroad in a cheap country without agreements between those countries, they only pay 80% pension of the amount that you would normally get.

My Spanish missus, transfered the year she worked in Nederlands to Spain, not sure how it works but that one year is added to her Spanish work record.

drexl · 08-03-2023, 09:46 AM

Quote:

Originally Posted by Tasty1

You don't pay the VAT, the consumer does. You only collect it from them to sent it to the government.

Correct.

Quote:

Originally Posted by Tasty1

The VAT you pay for your business, (camera's, hosting, laptop) you get back.

Correct, when you acquire from a supplier who is located in your own EU country VAT is collected at the time of purchase, you can claim it back. If you acquire from abroad you have to self account for VAT because the supplier will not collect it.

Quote:

Originally Posted by Klen

If i would be lawmaker, i would make VAT automatically charged on each transaction (kind a like a cross sale on paysites) and that way seller would not need to collect it. Plus it would eliminate need for threshold

It has to go down that road eventually

Maybe an API at the EU level that payment processors have to use. This way EU admins could change rules easily in a centralized way.

fuzebox · 08-03-2023, 09:53 AM

I've lived in third world countries with no taxes, and lived in first world countries with brutal high taxes.

Currently happier enjoying the first world and just paying the damn taxes while trying to make more.

NatalieK · 08-03-2023, 10:05 AM

Quote:

Originally Posted by Manfap

You can get the years you paid into a UK pension moved over here, to count against the years you have to work, or at least you could when it was all EU, not sure now.

Quote:

Originally Posted by Tasty1

Don't know about UK situation. If you subscribe from the Netherlands, you get 2% less pension every year you ar out of the country. So if you are out of the country and not paying 20 years (you can pay voluntary in Holland to keep 100% pension), you get 40% less pension from The Netherlands. And i think Spain won't pay 100%, but also will look how many years you paid taxes there. Buti am not sure in Spain/UK. I think would be equal, else everyone would work in different countries for a few years when you get 100%.

In Holland there is also the rule, when you live abroad in a cheap country without agreements between those countries, they only pay 80% pension of the amount that you would normally get.

Quote:

Originally Posted by Manfap

My Spanish missus, transfered the year she worked in Nederlands to Spain, not sure how it works but that one year is added to her Spanish work record.

the EU makes it so much easier. grrrr Why Brexit? ffs.. things were so much better and easier with the UK in the EU

2MuchMark · 08-03-2023, 05:24 PM

My advice is don't fuckaround when it comes to taxes.

Get a good accountant and make every legal thing you can a tax deduction, but don't get cocky. If you think you are right about claiming a deduction that they disagree with by all means argue your point, but remember the the government has alot more time and money than you do. If you try to fight them on taxes, they will fight back.

08-01-2023, 06:11 AM	#1
net Registered User Industry Role: Join Date: Jun 2023 Posts: 6	Fuck Taxes 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.

08-01-2023, 11:51 AM	#2
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 71,132	I write everything off. As much as I can. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

08-01-2023, 11:58 AM	#3
CurrentlySober Too lazy to wipe my ass Industry Role: Join Date: Aug 2002 Location: A Public Bathroom Posts: 38,212	what are taxes? __________________ My AI Handywork... My Dream Gal... XXX 👁️ 👍️ 💩

08-01-2023, 01:35 PM	#8
The Porn Nerd Living The Dream Industry Role: Join Date: Jun 2009 Location: Inside a Monitor Posts: 19,327	Yeah fuck Texas!! Damn rednecks. __________________ My Affiliate Programs: Porn Nerd Cash \| Porn Showcase \| Aggressive Gold (Coming Soon) Over 90 paysites to promote! Skype: peabodymedia

08-01-2023, 06:34 PM	#10
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 92,226	I avoid them by being poor . . . __________________ Enroll in the SWAG Affiliate Asian Live Cam Program and get 9 free quality link-backs! Get those links up ASAP! --> TJEEZERS.Cam. Setup in 48 Hours max.

08-02-2023, 02:32 AM	#12
plsureking bored Industry Role: Join Date: Aug 2003 Location: Metaverse Posts: 4,675	#

08-02-2023, 06:29 AM	#16
plsureking bored Industry Role: Join Date: Aug 2003 Location: Metaverse Posts: 4,675	just ran across this song XD #

08-02-2023, 08:32 AM	#19
Retiree Amateurs.com Industry Role: Join Date: May 2012 Posts: 1,050	Move to Panama, problem solved. Unless you are an US citizen. ;) __________________ Amateurs.com - #1 Amateur Social Network Skype ID: Amateurs.com CzechProfits - 34 paysites, 2000+ exclusive videos

08-03-2023, 09:53 AM	#29
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 21,859	I've lived in third world countries with no taxes, and lived in first world countries with brutal high taxes. Currently happier enjoying the first world and just paying the damn taxes while trying to make more.

08-03-2023, 05:24 PM	#31
2MuchMark Videochat Solutions Industry Role: Join Date: Aug 2004 Location: Canada Posts: 47,481	My advice is don't fuckaround when it comes to taxes. Get a good accountant and make every legal thing you can a tax deduction, but don't get cocky. If you think you are right about claiming a deduction that they disagree with by all means argue your point, but remember the the government has alot more time and money than you do. If you try to fight them on taxes, they will fight back. __________________ VideoChat Solutions \| Custom Software \| IT Support https://www.2much.net \| https://www.lcntech.com