Earlier quoted context omitted.
Why would you include corp taxes in that. I looked at Amsterdam as a move and it was about the same as the UK and other European states, and as I have the max years in for the uk pension scheme I was temped to move to Holland to buildup a second pension there. The lack of a VCT's, CGT exemption and taper relief is an issue for smaller investors - Seems to me that the ducth have a lot of german style Mittelstand compa…
Ok, so you don't pay %50 on 1/3rd of your salary for 10 years. I wouldn't exactly call that "an amazing tax break". You're still paying way too much in taxes.
Why (or why not) to move your company to Amsterdam
71–75 of 75 posts
Re: Why (or why not) to move your company to Amsterdam
#72Earlier quoted context omitted.
20% of your net income, so it's half as bad :) Plus, if your cool startup should not succeed and you get ill: Don't worry, everything will be fine :)
Milton Friedman did a study of healthcare in the USA, and found that the government "help" had driven up the cost 26fold and driven down availability. Or put another way, the reason people could get bankrupted by an illness is socialized medicine, and it's also the reason they might not be able to find care when they need it. Contrary to what Obama says, socialism doesn't work, and if you think you'll get better heal…
Seriously, explain how health care in any other 'socialist country' is way cheaper than in the US if government investment drives prices up. I dare you.
Re: Why (or why not) to move your company to Amsterdam
#73Earlier quoted context omitted.
Why would you include corp taxes in that. I looked at Amsterdam as a move and it was about the same as the UK and other European states, and as I have the max years in for the uk pension scheme I was temped to move to Holland to buildup a second pension there. The lack of a VCT's, CGT exemption and taper relief is an issue for smaller investors - Seems to me that the ducth have a lot of german style Mittelstand compa…
Ok, so you don't pay %50 on 1/3rd of your salary for 10 years. I wouldn't exactly call that "an amazing tax break". You're still paying way too much in taxes.
And by that time id have moved back to the UK :-)
Re: Why (or why not) to move your company to Amsterdam
#74Earlier quoted context omitted.
Just for the record: No, it's not part of England ;-) The Northern Ireland (its capital Belfast) is part of the United Kingdom of Great Britain & Northern Ireland, alongside with England, Scotland, and Wales. Dublin is a capital of the Republic of Ireland, which is on the south, and is a separate country (TLD .ie :) which uses euro as the currency, contrary to the UK's pound. I am being a bit pedantic with since the…
Just for the record, I was being facetious. My apologies if I misjudged the freshness of the wound.
The overall feeling was quite cautious and tense, and people looked at us as we walked around and sat in the bar.
Less than a week after we came back, there were "issues" - aka some confrontation between the opposing sides.
It felt really strange. You do not expect this in the north of Europe.
I hope it gets better and calmer and the common sense prevails. Belfast is a beautiful place to visit.
(+1 for enriching my vocabulary with a new word :)
Re: Why (or why not) to move your company to Amsterdam
#75If you run a successful business in holland, and pay yourself a salary out of it, your tax rate is over %70! And on top of that, you have %20 VAT. And this isn't even going into the manifold fees and other types of taxes you are subjected to. ------------------------------- This comment is not spam. It had a nice positive score until the socialists arrived. Of course, socialists being unable to deal with reality (or…
I'd also like to know where your numbers are coming from, since I'm in the middle of deciding where to found my first company and any information that strays away from what is popular tends to get my attention.