@velio84 Yeah, I'm self employed now, I guess. As for tax rates, it's a little complicated as there are several options you can choose from.
Thing is, as an author of original software, I'm entitled to a specific tax break for "IP creators". This means in my case I'll be paying 19% tax monthly but in my yearly tax settlement, I should be able to report most of it as income from original IP creation, which knocks it down to 5% and I'll get a big fat return.
It requires some additional book keeping but I'm prepared to do that.
@velio84 Interesting. I think here you'd just have to show some of your recent income history and if it's a steady flow you should be totally fine getting a loan. If you had taken loans in the past and paid them off without problems, that also counts in your favor. Luckily I'm unlikely to need one anytime soon anyway.
@Jimmer-jammer I heard about that Canadian truck strike in the news. Were you involved in that at all? I take it you probably couldn't talk about it on here if you were?
"Man is the pie that bakes and eats himself, and the recipe is separation." - Alasdair Gray
@TheBrandedSwordsman haha no, I haven’t been directly involved. The convoy to Ottawa only started it all. There are now protests and border shutdowns across the country. A lot of civil unrest building. People are fed up with government overreach and I gotta say, it’s refreshing to see Canadians united across party lines. But yes, even if I was at the front of the convoy, I generally don’t try and bring too many of my views to PushSquare.
“Reason is the natural order of truth; but imagination is the organ of meaning.” C.S. Lewis
@Thrillho@render I'm not yet comfortable getting things like that invoiced to the business at this stage
I am hoping to buy a new MacBook Pro this year though, so I'll be getting the VAT back on that one
Forums
Topic: The Chit Chat Thread
Posts 7,541 to 7,560 of 10,050
Please login or sign up to reply to this topic