tax123

5 ms·

1.
by tax123 6y ago
Your points are valid, and I tend to actually agree with them. I think you have to consider a longer term outlook however to really piece this all together. I would absolutely prefer more leisure time in my life right now, the grind is real
2.
by tax123 6y ago
You raise good points, and I am not fundamentally against taxes. I believe they are an extremely important part of society. That said (and this may be unique to me), I am a 1 employee corporation and I still work 15hour+ days. If they keep
3.
by tax123 6y ago
I do not plan to reside in Monaco forever, nor do I think I will be particularly happy there. I'm 100% certain I won't be as happy as I currently am in London. It's simply a place for me to live for a few years until I'm
4.
by tax123 6y ago
Not at all, I actually come from a normal upbringing. I mean we always had food on the table, but not much else. There was certainly no family money. I started a couple of small niche SaaS tools over the years from age 18-23) which helped m
5.
by tax123 6y ago
I could see this being true. I know myself, and several others I know who are currently moving (mainly in the 7 to low 8 figures per year range) that are currently moving abroad that would likely just stay put at a flat 40% rate. I know it&
6.
by tax123 6y ago
I have the means to do it right now, but may not in the future - which is why I am doing it right now. I'm currently 26, with no children. In 10 years, this move may not be so simple. My goal with this move is to leave for 5 years or s
7.
by tax123 6y ago
Because it is my copporation, I would also have to pay the employer and employee NI contributions, and therefore dividends have always been the most tax efficient way for UK business owners to extract their profits. That said with these n
8.
by tax123 6y ago
I don't have any employees.
9.
by tax123 6y ago
Throwaway account. I currently reside in the UK, and am in the upper %'s of earners (no idea on the actual %), but my company of which I am the sole shareholder currently does around $450k profit per month. With the planned corporation