Hi there.

I'm curious - how much are taxes in various different countries?
Also, up until what point do you not need to pay tax?

As far as I'm aware in England, as I read here on WHT, that one can earn up to about £4,500 gross per month and only end up paying £10 per month rather than proper tax rates.

Anyone know the tax rates for any countries? (Eg: What is the tax rate a company pays per month, in say United Kingdom, France, America, Canada, Australia, etc. - anyone know?
I also spoke with a dutch company who said they pay about 40% tax.

Thanks.

I am from Washington State, USA and here it varies by different cities/counties, etc...

Where I live it is 7.8% tax which is only applicable to in-state residents. I do not have to charge tax of someone who lives in another state.

Ryan Porter
Extreme Internet Solutions

For the UK what you probably read was that a person has 0% tax upto £4,500 per year. The £10 is national insurance which goes towards things like the NHS etc.

For companies I've always taken that things average out at about 30% tax on profits for most small companies

Rus

From what I know, and have been told by a tax attourney, is that I do not need to charge taxes, since I am providing a service, not a product, and in Minnesota, services are not taxable. However, I do need to pay income tax, and since I am a sole-proprietor, all my revenue counts towards my personal income. I file a 1099 form and itemize it, deducting all my business expenses like my server purchases, co-location fees, domain registration fees, mileage (4000+ miles racked up for business purposes at $0.36/mile) so I wont be paying taxes this year since my deductions are greater than my income :)

Thank you for your replies people.

jvds - Thanks for the headsup on that. So it turns out it to be £4,500 per year? - wow. heh, the place where I read it didn't state whether it be per month or year, but I presume for a business - surviving on £4,500 would be sort of impossible since a normal man needs at least £1,600 per month to survive in England - and even then he'd be eating very simple meals, not having a car (unless he had an old scrap which was fully paid) and also renting a house with say two other blokes and maybe a gal. ;)

Thank you ExtremeIS and amish_geek for your responses. Very much appreciated also. :)
That's very nice Amish, so if your business expenses are more than your personal income, you don't pay tax? Is this only in the U.S. where this happens or other countries as well? (If it were in other countries I'd presume with a diff. form number too)

All more comments and anymore info much appreciated. :)

Thanks.

Well, its not that simple. Its whether or not things are tax-deductable. You still pay taxes, but if your deductions are as much or more than what you paid, you get a tax refund in April :)

Business expenses are Tax Deductable.

As soon as I incorporate, or add a partner, the business itself needs to pay taxes, and it is no longer my personal income, but the businesses as a separate entity.

Tax law is confusing :mad: Thats why I use a Tax Attourney...

It depends on how much you earn against how much you make. We're in a 28% tax bracket - but we have enough write-offs that we don't have to pay much at all.

Taxes are bs, I hate taxes, Screw taxes.

Originally posted by amish_geek
From what I know, and have been told by a tax attourney, is that I do not need to charge taxes, since I am providing a service, not a product, and in Minnesota, services are not taxable. However, I do need to pay income tax, and since I am a sole-proprietor, all my revenue counts towards my personal income. I file a 1099 form and itemize it, deducting all my business expenses like my server purchases, co-location fees, domain registration fees, mileage (4000+ miles racked up for business purposes at $0.36/mile) so I wont be paying taxes this year since my deductions are greater than my income :)

Uh...suuuure the were..lol. :)

'since a normal man needs at least £1,600 per month to survive in England - and even then he'd be eating very simple meals, not having a car (unless he had an old scrap which was fully paid) and also renting a house with say two other blokes and maybe a gal.'

If you cant live on £1600 a month, I would consider something other than hosting as a business, thats really not bad going for year 1 (which I assume your in considering your asking about taxes), and off my calculations would put you on a turnover thats prossibly going to force you into a situation where you'll need to be VAT registered as well.

Sheesh, 1600 a month income is above average, plenty of people survive on less than that.

From someone who owns her own house, drives a decent owned car, shops at Sainsburys, has a kid in full time childcare and doesnt take that home a month.