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Putting money into startups isn't going to sway me given the other changes brought in. Sure, this government has done many things I can take advantage of. For
by ktizo 15y ago
Putting money into startups isn't going to sway me given the other changes brought in.
Sure, this government has done many things I can take advantage of. For instance, if I set up a holding company on the Isle of Man for any work I do in the UK, I now only have to pay around 2% tax on UK profits as an independent contractor.
And this is not tax avoidance, it is the official recommendation from the government.
However while this is individually wonderful for my pocket, it does absolutely nothing for the society of which I am a part.
You could argue that it will due to the trickle down effects of me having more cash, but given how I spend my cash in this global economy, any trickle down is likely to go towards large corporations that produce computer technology, so is really more of a trickle up instead.