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I Just Hit $100k/year On GitHub Sponsors

calebporzio.com

161–170 of 510 posts

Re: I Just Hit $100k/year On GitHub Sponsors

#161

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

> Even though people have been interested in donating, I can't do that legally.

What you can do is to "sell" something in lieu of donations:

E.g. - To support me please buy this wallpaper image file of my project logo. Or one-day email support etc.

You can always add a note that Finland laws prevent you from accepting donation, and this is the only way you can accept money from patrons, and even provide a link to the law in question.

(Note that depending on the laws in your country you may have to register as a freelancer / small business and pay taxes. In most countries this will be free or near free, and you probably won't get enough money to reach the threshold aftwer which you have to pay taxes).

Re: I Just Hit $100k/year On GitHub Sponsors

#162
post #153

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

[flagged]

It's really incredible how much the hatred for 'socialism' goes in certain circles.

Re: I Just Hit $100k/year On GitHub Sponsors

#163

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

Can you not do a "pay what you want" product? Here is this software which is open source. You can pay me what you want to for it- here's the link. The software (Or service in your case?) is the product.

You can create that and I think in 99% percent of cases you can also collect github donations without problems in Finland. If it were to go in court I think it could be easily explained as non-donation because there is work performed.

Also OPs explanation is not so straightforward, the money collection act is being contested all the time and many succeed in collecting money here.

Re: I Just Hit $100k/year On GitHub Sponsors

#164

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

What is the ostensible purpose behind that law? Seems like something you could get changed (with considerable effort) considering there appear to be no strong interests who benefit from it.

People pretending to be charities and scamming donations. The idea would be that all legitimate charities are registered and have a permit. If they don't, it's likely a scam.

Re: I Just Hit $100k/year On GitHub Sponsors

#165

Earlier quoted context omitted.

In Denmark after taxes you would probably have about 329,000+ dkk, which yes, that is a pretty good half a middle class couple. So you can take care of half a family on that reasonably, not astoundingly great, but quite reasonable. on edit: actually looking at wages in Denmark I see I am somehow doing a lot better than I thought, which is pretty much amazing to me considering how badly I thought I was doing. Since I…

Eh, I live in Sweden and I make around that much before taxes and me and my wife could manage with just my paycheck if we really had to. That's with a mortgage on a house, two cars, and a four year old kid. I doubt the cost of living in Denmark is that much higher than Sweden, so I'd say you're living beyond your means if you can't make it work on 329K DKK after tax...

Denmark is more expensive but ultimately it'd depend on the area and so on.

Re: I Just Hit $100k/year On GitHub Sponsors

#166

Earlier quoted context omitted.

If you set the entity up correctly and work with a decent accountant, your $112k turns into more like $40k taxable, and if you are married, that $40k drops to $20k @ 10% + $20k @ 12% or ~ $4500 in taxes.

What in the world....mind sharing tips or any links where I can learn more about this?

tax laws change routinely, so you'd be best off consulting an accountant

somewhat relevant reading on what can be done if you're well versed with tax laws: https://scottestill.com/buy-new-used-car-2018-get-100-tax-de...

Surprisingly, this dealer has an entire page dedicated to it this, and why you should buy one of their SUVs: https://www.landroverhuntvalley.com/business-tax-advantage.h...

Re: I Just Hit $100k/year On GitHub Sponsors

#168

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

What is the ostensible purpose behind that law? Seems like something you could get changed (with considerable effort) considering there appear to be no strong interests who benefit from it.

I think it's originally to prevent scammers. Like if someone was collecting money door-to-door and then said that people willingly donated to them (which would be true). I think it's just to add oversight into those kind of situations and to prevent scam money collection campaigns.

Re: I Just Hit $100k/year On GitHub Sponsors

#169
post #55

Earlier quoted context omitted.

I've lived and worked in two of those cities (and one other almost as expensive european city) for much less than $100k/year. It's a pretty comfortable lifestyle from about $50k upwards.

can you share what are the taxes for 100K/year? And then the basic costs like housing and groceries? what about vacations?

https://www.thesalarycalculator.co.uk/salary.php - take home on $100k in England is about £55,000 ($68k) and london living costs are https://www.numbeo.com/cost-of-living/in/London.

https://ie.thesalarycalculator.co.uk/salary.php Says take home on $100k in ireland is ballpark €55,000 ($62k), and living costs are here - https://www.numbeo.com/cost-of-living/in/Dublin -

Re: I Just Hit $100k/year On GitHub Sponsors

#170

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

That's a strange law. I assume it serves some purpose (or must have served one when it was introduced, at least). What's the argument for it?
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