?yearly salary: Spain?
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- OBBTKN0
You can negotiate taxes with your regular working company, aplying smaller percentage, 2 sides wins.
But, if you want to do invoices out of this company, you´ll need to be paying like autonomo (250) also.
I do invoices using a friends company name and pay him taxes.
Other way is negotiate with your company to hire you like autonomo and they pay the cuota for you.
Working with contracts but being autonomo.
P.S.: I don´t know how you can do it working from other country firm.
- rafalski0
I do invoices using a friends company name and pay him taxes.
OBBTKN
(Aug 22 07, 02:31)That's how it's done in Poland, where there's a similar social tax (ZUS). It is about €250 as well, only earnings are much lower even than in Spain.
All these taxes do is promote grey market, cut down small business growth and produce unemployment.
I should shut up now or I'll just continue on ranting about how fake socialism is ;).
- OBBTKN0
true
- Witt0
here, when free-lance, you can ask not to pay the social tax (10%) if you're already paying it in a full-time employment - and you aren't obliged to charge VAT from your client unless you make over €10K. But IRS tax for that activity is higher and can reach 20%.
- rafalski0
Is social tax in Portugal 10% for freelancers Witt? That doesn't soud very bad. What are the other taxes applicable?
I hate it that govts split income tax into parts - social, employer's, employee's, whatnot.
Technically, the money goes from the same wallet in each case!The purpose is to make it harder for people to know how much tax they're actually paying and compare with other systems.
- Witt0
The purpose is to make it harder for people to know how much tax they're actually paying and compare with other systems.
rafalski
(Aug 22 07, 03:39)ahahah - probably it is! but hey it's not 10%!!!
around here is not difficult to grasp the whole picture, though: any worker (contract or independant) usually pays 20 to 25% tax (social tax+irs) in a medium income/yr.
for a person who only works freelance there's 11% of fixed social tax + irs (that can range from 10% to 20%, depending on regular income per year and household composition). if a frellance earns more than €10k a year in 1 activity he has registered then it is mandatory to charge IVA over your services (IVA is a special tax of 19% that goes out from the pocket of your client straight to the State's. It is bad because it raises your earnings volume and puts you up in the top scale = irs 15%).
freelance is good here because you can have a "company" withouth formally having a firm - IRC (taxes for companies is 35%, which is very limiting for newborn companies. usually people work for a long time freelance before going corporate.
You're only free of Social Tax in freelance if you already pay it in other activity.
- rafalski0
It's still not so bad Witt. Too bad corporate tax is ridiculously high, ie compared to 12.5% in Ireland.
Does IVA stand for VAT? Then I assume you get to write it off your expenses. Not too many VAT expenses there are in web business though..btw, did you see the cartoon animation links I added to the other thread yesterday?
- Witt0
12,5%!!
and i thought high corporate tax was a catholic thing!
iva = vat. yes you have to give it back to the state every 3-months i believe. it creates a certain liquidity (cash-flow volume - good for loans, etc) in a company but it's also a burden of paperwork. it sucks. it's artificial.
have not seen the cartoon. what was that thread?
- rafalski0
the thread was titled:
- Witt0
ah! lol.
that thread is a goldmine - i lost the last posts the other day as it got really late.
also - i don't live in Lisbon since 2000 - i work 200km up north. i go there mostly during the weekends but the travel sometimes puts me off it, other times i have stuff to do here and i'm visiting back less and less.
- rafalski0
Ahh I see, you live in . now!
I'll have to give Portugal a closer look one day, Oporto and Lisboa weekend was so good!
- Witt0
now i live between Oporto and Lisbon:
near:
http://www.flickr.com/search/?q=…
and:
http://www.flickr.com/search/?q=…woods.
- rafalski0
Lovely town!
What's the Portuguese part of the ocean temperature in Summer? Can you swim in it?
On the side.. is this mould?
http://www.flickr.com/photos/est…
- Witt0
What's the Portuguese part of the ocean temperature in Summer? Can you swim in it?
On the side.. is this mould?
www.flickr.com/photos/...
rafalski
(Aug 22 07, 07:10)the litoral of Central Pt has around 15-18ºC max in summer: it's swimable if it's not too windy. but it's not really very confortable. To me at least. You need to go further south to get a warmer swim.
and yes, that is mould from the dyed (ink?) "cal" (limestone solution). fungus.
- rafalski0
Sorry about my fungus obsession.. I've just had enough of this crap growing everywhere.. it's back on my window and I have to clean it off again!
- Witt0
nothing you can do. those anti-fungus you can add to paint never work properly in exteriors.
lovely decay, though.