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Re:Don't like Brexit? We have a plan by fapjacks on Friday July 01, 2016 @01:32AM (#12014062)
Interesting! I was wondering this, too. What happens when the income goes up? To, say, a million euro per year? Do you suddenly get hit with large, "European style" taxes (~40-60%)? Or is it fairly small like with microenterprises, just somewhat increasing as you go up?
Re:Don't like Brexit? We have a plan by apopa116 on Friday July 01, 2016 @05:59AM (#12014866)
If the income goes beyond 100k, you pay 16% tax on profit. Also, if you reinvest a part of the profit to acquire IT software or hardware you are saved from paying 16% of that investment.
Re:Don't like Brexit? We have a plan by fapjacks on Friday July 01, 2016 @09:05PM (#12020902)
Wow, that is totally reasonable. Actually incredibly cheap by European tax standards.